548 BAY STREET, Dunedin, FL 34698

• 3 beds |
• 2 baths |
• 1,316 sqft

Property Description

Under contract-accepting backup offers. 548 Bay St isn't your typical Dunedin, FL listing. It's two complete homes on one lot, not in a flood zone, and an 8-minute walk to Downtown Dunedin's restaurants, breweries, Friday night live music and the Gulf. The main house is a 2-bed, 1-bath bungalow in one of Pinellas County's most walkable neighborhoods. The detached accessory dwelling unit (ADU), built in 2022, functions as a private guest house or in-law suite with its own bedroom, full bath, living area, and kitchenette, and rents between $1,400-$2,000/month depending on the season, making it a turn-key income producer from day one. Both units allow 90-day minimum rentals, and owner-occupants of the main house can apply for a conditional use permit to unlock short-term rental income from the ADU, a rare setup in one of Florida's top vacation destinations. Six minutes to the Pinellas Trail, minutes to Honeymoon Island and the Gulf, and close to Blue Jays Spring Training, the Fenway Hotel, and Dunedin Golf Club. Two storage sheds handle the bikes, kayaks, and beach gear, and the spacious backyard is a blank canvas for whatever outdoor life you're envisioning. The front yard boasts a low maintenance native Florida garden. Two-home properties this close to downtown, outside the flood zone, almost never come to market in Dunedin, FL. Whether you're looking for your forever home, an investment property, multi-generational family living, or simply a home with built-in income, 548 Bay St delivers something genuinely hard to find. Recent improvements include A/C in 2025, hot water heater in 2022, kitchen appliances in 2024. Schedule your private showing today. Opportunities like this in Dunedin don't last.

Listing Status:

Pending

Date Added:

April 23, 2026

Data Last Updated:

June 26, 2026 at 4:23AM

Listing Office:

REAL BROKER, LLC : 855-450-0442

Listing Agent:

Donald Hathaway, III : 813-391-6303

MLS ID:

TB8500731

Interior

• General: Kitchen/Family Room ComboSolid Surface CountersThermostat
• Appliances: DishwasherMicrowaveRangeRefrigerator
• Laundry: Laundry Room
• Flooring: TileVinyl
• A/C: Central AirMini-Split Unit(s)
• Heating: ElectricHeat Pump

Exterior

• General: GardenPrivate EntranceSidewalkStorage
• Style: Cottage
• Other Structures: Front PorchDeckScreened
• Parking: Driveway

Construction

• Roofing: Shingle
• Windows: BlindsDouble Pane WindowsStorm Window(s)
• General: FrameWood SidingOneStem Wall

Location

• Road/Access: Paved
• Originating MLS: Stellar MLS
• County: Pinellas

Lot

• Zoning: FOREE SUB LOT 327-28-15-28854-000-0030

Utilities

• Utilities: Cable ConnectedElectricity ConnectedSewer Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple