FL
Pinellas
DUNEDIN
34698
639 MICHIGAN BOULEVARD 1500
639 MICHIGAN BOULEVARD 1500, DUNEDIN, FL 34698
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Listing Type
Commercial/Industrial
Listing Status
Active
35
$2,200,000

Home Details for 639 MICHIGAN BOULEVARD 1500

Price
$2,200,000
Type
Business Opportunity
Bedrooms
0
Bathrooms
Square feet
2336
Year built
1956
Lot size acres
0.06
County
Pinellas
Garage
Days on site
3
MLS Listing#
TB8415473
Property Description

Amazing opportunity to own a licensed 8-bed Assisted Living Facility (ALF) in the heart of Dunedin, with a variance approved for up to 14 beds. This newly updated facility is being positioned as an APD (Agency for Persons with Disabilities) group home or day school model, offering low overhead and strong income potential. The property features 6 private bedrooms, each with its own full bathroom, a fully remodeled kitchen, updated flooring, accessible bathrooms, and ample on-site parking. The building meets current county codes and ALF/APD standards. Projected income is approximately $6,000 per bed/month. Patients are eligible for a $700/month food allowance, and the county provides transportation for residents to attend school (until 5pm on weekdays and 2pm on weekends), minimizing staffing needs. Staffing is only required between approximately 7am–7pm. Seller financing available with favorable terms. Sale is contingent upon seller stabilizing occupancy with 8 residents and providing financials upon stabilization. Minutes from downtown Dunedin and Honeymoon Island Beach. Perfect for investors or operators seeking a turnkey income-producing facility in one of Dunedin’s most desirable areas.

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Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
Listing Courtesy: MCBRIDE KELLY & ASSOCIATES - 813-254-0900
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-12-04 15:44:06
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EXIT BAYSHORE REALTY
201 E. Davis Blvd, Tampa, FL 33606
Office
813 839 6869
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