- CENTURY 21 Real Estate
- Florida
- Dunedin
- 1136 Douglas Avenue
1136 Douglas Avenue, Dunedin, FL 34698
Local realty services provided by:CENTURY 21 Myers Realty
Listed by: walter penachio
Office: palm life realty
MLS#:TB8469648
Source:MFRMLS
Price summary
- Price:$899,000
About this home
Rare MF-15 zoned development opportunity in the heart of Dunedin, directly fronting the Pinellas Trail and backing to a city park—one of the most desirable infill locations in Pinellas County. This ±0.43-acre assemblage (approximately 37,052 SF) consists of the north portions of Lots 1–4, Block 6, together with a fee-owned, vacated public right-of-way, creating a large, buildable site with flexible layout potential. The vacated right-of-way is part of the ownership and fully usable for development, enhancing site efficiency beyond typical Dunedin infill parcels. The property is surrounded by successful multifamily, residential, and mixed-use development, reinforcing both market demand and long-term value. Major advantage: The owner has met with the City of Dunedin, and up to four (4) multifamily units may be developed by right without the need for a City Development Order, resulting in significant time and cost savings. This streamlined approval path is rare in Dunedin and materially improves project feasibility and speed to vertical construction.
The MF-15 zoning district allows up to 15 units per acre, with building heights up to 50 feet / 5 stories (subject to code and design review). Setback standards and dimensional criteria support efficient site planning, ideal for townhomes, boutique multifamily, or luxury rental units. Developers may also explore elevated or upper-level designs, which could capture possible water views depending on unit configuration. The site’s direct Pinellas Trail frontage creates a premium lifestyle appeal—walk or bike directly to Downtown Dunedin, local breweries, restaurants, shops, marina, and waterfront parks. Trail-facing units command higher rents and resale values, while the adjacent park provides permanent green space buffering and privacy—an increasingly rare combination.
Utilities are in place, including public water, sewer, and electric, and the property is located within city limits on a paved, publicly maintained road. The surrounding neighborhood reflects active redevelopment momentum, including multifamily and mixed-use projects, further validating the site’s highest and best use. This offering is ideal for a developer or investor seeking a “ready-to-build” Dunedin project with zoning certainty, reduced entitlement risk, and exceptional location fundamentals. This extremely rare opportunity combines MF-15 zoning, trail frontage, park adjacency, downtown proximity, and development-order exemption in one package. Sold for land value only. No access to the existing home until under contract.
Contact an agent
Home facts
- Listing ID #:TB8469648
- Added:1 day(s) ago
- Updated:January 30, 2026 at 06:54 PM
Structure and exterior
- Lot area:0.43 Acres
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public, Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$899,000
- Tax amount:$12,515 (2024)
New listings near 1136 Douglas Avenue
- New
$799,999Active5 beds 3 baths2,398 sq. ft.2803 Jarvis Circle, PALM HARBOR, FL 34683
MLS# TB8470780Listed by: COMPASS FLORIDA LLC - New
$550,000Active2 beds 2 baths1,465 sq. ft.634 Edgewater Drive #848, DUNEDIN, FL 34698
MLS# TB8468859Listed by: COLDWELL BANKER REALTY - Open Sun, 12 to 3pmNew
$369,900Active2 beds 2 baths1,110 sq. ft.409 Stirling Terrace, DUNEDIN, FL 34698
MLS# TB8468604Listed by: TREASURED HOME COLLECTION - Open Sun, 1 to 3pmNew
$749,000Active3 beds 2 baths1,474 sq. ft.2020 Culberson Avenue, DUNEDIN, FL 34698
MLS# TB8470556Listed by: RE/MAX REALTEC GROUP INC - New
$1,090,000Active3 beds 3 baths2,330 sq. ft.634 Edgewater Drive #744, DUNEDIN, FL 34698
MLS# TB8469793Listed by: PREMIER SOTHEBYS INTL REALTY - Open Sat, 12 to 2pmNew
$325,000Active3 beds 2 baths1,020 sq. ft.1000 Crane Court, DUNEDIN, FL 34698
MLS# TB8470466Listed by: SELECT PROPERTIES INC - Open Sat, 12 to 3pmNew
$664,000Active3 beds 2 baths1,401 sq. ft.2381 Sarazen Drive, DUNEDIN, FL 34698
MLS# TB8470587Listed by: FUTURE HOME REALTY INC - New
$434,900Active2 beds 2 baths1,248 sq. ft.546 Norfolk Street, DUNEDIN, FL 34698
MLS# TB8470649Listed by: HOMEFRONT REALTY - Open Sat, 12am to 3pmNew
$450,000Active3 beds 1 baths1,134 sq. ft.902 Beltrees Street, DUNEDIN, FL 34698
MLS# TB8469946Listed by: COASTAL PROPERTIES GROUP INTERNATIONAL