548 Baywood DRIVE S, Dunedin, FL, 34698 | $399,000

Located in the highly desirable Baywood Shores neighborhood, this single-family home offers an exceptional chance to invest or create your dream coastal retreat. With 1, 353 sq ft of living space, 2 bedrooms, 2 bathrooms, and sitting on a 7, 074 sq ft lot, the potential is endless for the right buyer.

Nestled just 2. 3 miles from the Dunedin Causeway, this property offers easy access to scenic routes perfect for walking, biking, and fishing. You’ll be just 3 miles from Honeymoon Island State Park, where pristine beaches and nature trails await, and a short ferry ride to Caladesi Island State Park, renowned for its unspoiled beaches and kayaking opportunities. Outdoor enthusiasts will appreciate the nearby Pinellas Trail, a 47-mile stretch ideal for jogging, biking, and exploring the vibrant communities of Pinellas County. For those who enjoy the charm of downtown life, Downtown Dunedin is just 3 miles away, featuring boutique shops, local restaurants, and cultural attractions like the Dunedin Fine Art Center. This unbeatable location combines coastal beauty with convenient access to amenities, making it perfect for those seeking a balance of tranquility and activity.

This property was impacted by recent flooding and requires a full renovation, making it an excellent opportunity for: Investors looking to capitalize on its $395/sq ft After Repair Value (ARV) and strong rental potential of $2. 02–$2. 23/sq ft. Buyers with vision who want to design and customize their ideal home in a community known for its natural beauty and amenities.

Why Buy?
Whether you’re an investor seeking high returns or a homeowner ready to create a space tailored to your lifestyle, this property is your canvas. Its prime location and proximity to world-class beaches, outdoor activities, and vibrant community amenities make it a standout opportunity.

Embrace the chance to shape this property into a stunning investment or your forever home in one of Dunedin’s most sought-after neighborhoods.

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 69 x 100
  • Laundry: None
  • Year Built: 1954
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,353
  • Acreage: 0.16
  • Lot Size: 69 x 100
  • Est. Taxes: $1,008
  • Elem. School: San Jose Elementary-PN
  • Middle School: Palm Harbor Middle-PN
  • High School: Dunedin High-PN
  • Appliances: None
  • MLS#: TB8323275
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8323275/548baywooddrives_dunedin_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/21/2024 11:32:07 PM)
Listing courtesy of BROKERS INTERNATIONAL RE   Phone: 813-549-7653

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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548 Baywood DRIVE S, Dunedin, FL, 34698

$399,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,200 $319,200 $319,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $84 $84 $84
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,124 $2,122 $2,692
Total Monthly Payment $2,283 $2,281 $2,851

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.