548 BAYWOOD DRIVE S DUNEDIN FL 34698 MLS #TB8323275

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.