439 CAUSEWAY BOULEVARD, Dunedin, FL 34698

• 6,437 sqft

Property Description

Investor developer opportunity positioned along the highly coveted Dunedin Causeway. 439 Causeway presents a rare, INCOME-PRODUCING waterfront assemblage with exceptional upside. Zoned FX-M, this property allows multifamily development of UP TO 10 UNITS, making it a strategic acquisition for investors, developers, or boutique hospitality operators seeking scale in one of Tampa Bay’s most supply-constrained coastal corridors. Currently configured with two income-producing units plus a main residence, the property generates immediate cash flow while preserving long-term redevelopment potential. The site features durable CONCRETE BLOCK CONSTRUCTION on slab, with exterior paint and STUCCO REFRESHED in 2022 that add strong curb appeal. Each structure benefits from IMPACT-RATED WINDOWS and DOORS (2015), three HVAC SYSTEMS (2015), and SEPARATE ELECTRIC METERS for operational flexibility. Unit 439 has been thoughtfully renovated as a 2-bedroom, 2-bath residence with a MODERNIZED KITCHEN (2020), in-unit washer and dryer, and additional upgrades including NEW BASEBOARDS and TILE. Unit 437 mirrors the desirable 2-bedroom, 2-bath layout, featuring a 2023 KITCHEN REMODEL, EPOXY FLOORING, and in-unit laundry, suitable for both short-and long-term leasing. Unit 438 functions as a versatile 1-bedroom, 1-bath space ideal for office, gym, or ancillary rental use, with plumbing in place for washer/dryer installation. The exterior infrastructure is equally compelling, offering SIX DEDICATED PARKING SPACES along with a FULLY EQUIPPED RV HOOKUP including 50 AMP service, sewer, and water—an uncommon amenity that expands rental versatility. A PRIVATE POOL AND SPA elevate the lifestyle component, while DIRECT WATER ACCESS enhances both recreational appeal and future value positioning. Located just minutes from Downtown Dunedin, the property benefits from walkability to dining, retail, marinas, and the Pinellas Trail. The area is GOLF CART FRIENDLY and sits adjacent to the TD Hotel, home of Toronto Blue Jays SPRING TRAINING, which drives seasonal demand and premium rental rates. With FLEXIBLE ZONING, strong in-place income, and irreplaceable waterfront positioning, 439 Causeway represents a compelling blend of yield and development potential in one of Florida’s most desirable coastal submarkets.

Listing Status:

Active

Date Added:

April 23, 2026

Data Last Updated:

April 28, 2026 at 5:22PM

Listing Office:

SMITH & ASSOCIATES REAL ESTATE : 727-282-1788

Listing Agent:

Tiffany Spyridakos : 727-641-9869

MLS ID:

TB8500346

Interior

• Appliances: DishwasherMicrowaveRefrigerator
• Flooring: OtherTile
• A/C: Central Air
• Heating: CentralNatural Gas
• Eco/Green Feature: DoorsEnergy Monitoring SystemHVACThermostatWindowsIrrig. System-Drip/Microheads

Exterior

• Other Structures: Garage(s)OtherStorage
• Parking: Electric Vehicle Charging Station(s)Ground LevelRV Access/Parking

Construction

• Roofing: MetalShingle
• Windows: ENERGY STAR Qualified WindowsShadesShuttersStorm Window(s)Window Treatments
• General: BlockHardiPlank TypeFrameTwoSlab

Location

• Road/Access: Business District
• Originating MLS: Stellar MLS
• County: Pinellas

Lot

• Zoning: DUNEDIN CAUSEWAY CENTER BLK FPT OF LOT 5 DESC AS FROM NE COR OF LOT 5 TH S19DW 77.98FT ALG W R/W OF S PAULA DR FOR POB TH S19DW 14FT TH N71DW 193.08 FT TH N19DE 71.46FT TO S R/W OF CAUSEWAY BLVD TH S79DE 42.88FT TH CUR RT RAD 2238.83FT ARC 54.56FT TH S19DW 69.66FT TH S71DE 96.07FT TO POB15-28-15-23166-006-0500

Utilities

• Utilities: PublicWater ConnectedOther
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple