Creative Deals > Florida > Dunedin, FL 34698

885 Beltrees St

Dunedin, FL 34698

Entry Cost: $600,000 + CC/TC

Asking Price: $3,800,000

Property Details

  • Deal Type: Seller Finance

  • Property Type: Multi-family

  • Total No. of Units: 16 units; 1 bed, 1 bath each

  • No. of Buildings: 4

  • Year Built: 1967

  • Living Area: 8,836 sqft

  • Lot Size: 0.68 acre lot

  • HOA: $300 monthly [buyer to verify use, density, and any STR/MTR rules]

  • Condition: Conventional low-rise; presented as turnkey

Seller Finance Details

  • Loan Amount: $3,200,000

  • Principal and Interest: $16,213

  • Interest Rate: 4.50%

  • Amortization: 30 years

  • Balloon: 7 years

The seller confirms current rents are substantially under market, creating a clean value-add via rent optimization over the next few leasing cycles. With P&I fixed at $16,213 monthly on the carry and a 7-year balloon, buyers can lock in rate certainty while implementing a measured rent-lift and operational tightening plan. Multiple exit paths — refinance into permanent debt post-stabilization or hold and sell into investor demand for high-amenity coastal submarkets.

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY AND MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.


Seller of this property either owns or has equitable contractual interest in the properties marketed. Seller has exclusively relied upon the information listed within the MLS, County Assessor's office, and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Buyer acknowledges and accepts that the seller makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property, and buyer acknowledges that it has conducted its own investigation of these facts, and is purchasing the subject property based upon its own conclusions. Buyer expressly acknowledges that they are purchasing the property in 'as is, where is' condition.


Submit your offer and information by clicking 'Submit an Offer'. A contract will be delivered electronically once an agreement has been made and must be executed by the End Buyer within 24 hours. Once the contract is signed, we will introduce you to a third party Title Company who will help facilitate the closing process. Earnest Money Deposit must be wired to Title. End Buyer will pay all closing costs which will be outlined on the final settlement statement of the deal.

Copyright Terms For Sale 2024 - All Rights Reserved

Copyright Terms For Sale 2024 - All Rights Reserved