Commercial Sale · Office
605 PALM BOULEVARD, DUNEDIN, FL, 34698
Active29 days on marketListed Jun 24, 2026MLS #TB8522653
About this property
The property at a glance
Prime Dunedin Redevelopment & Investment Opportunity - Rare opportunity to acquire a highly visible ±0.50-acre (21,714 SF) corner parcel located at the signalized intersection of Bayshore Boulevard and Palm Boulevard in Dunedin, Florida. Positioned directly adjacent to the Pinellas Trail and approximately midway between Downtown Dunedin and the Dunedin Causeway, this exceptional property offers outstanding exposure, accessibility, and redevelopment potential. The site includes a 3,051-square-foot single-story office building with 3-bathrooms that sustained flood damage during Hurricane Helene. While the existing structure may be renovated for immediate occupancy or income-generating use, the property's greatest value lies in its redevelopment potential and flexible development opportunities. The parcel is zoned Neighborhood Business (NB) and designated Retail & Services Limited (R&SL), allowing a variety of uses without requiring zoning or land-use changes. Potential uses include: • Multi-family residential • Assisted living facilities • Bed & breakfast accommodations • Retail establishments • Live-work units • Financial institutions • Professional and medical offices Adding to its appeal, the property sits alongside the Pinellas Trail, which attracts approximately 70,000 users per month, and enjoys exposure to Bayshore Boulevard (Alternate US-19), with traffic counts averaging approximately 20,200 vehicles per day. Nearby amenities include Stirling Park and its golf driving range directly across Palm Boulevard, while the Dunedin Golf & Country Club is located just one-quarter mile away. The property's proximity to Downtown Dunedin, Honeymoon Island, Caladesi Island State Park, recreational amenities, and major transportation corridors makes it an outstanding investment and redevelopment opportunity. Schedule your private showing today and explore the possibilities this premier Dunedin location has to offer.
3,259
Building sq ft
$230
Price / sq ft
0.5
Lot acres
1965
Year built
1
Building
Office
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$4,074/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
432
Population
$101,103
Median income
50
Median age
2
Avg household
$454,100
Median home value
45%
Households w/ kids
Consumer profile
Great things are meant to be shared, and this population is eager to show others what they find to be amazing, beautiful and exciting.
Workout clothes aren't just for working out anymore. This population enjoys wearing name-brand athletic apparel for fashion and functional purposes.
Motherhood is a unique journey for every woman. There are highs, lows,and lots to celebrate. These moms seek to share their experiences and engage with a community of moms.
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.
This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 605 PALM BOULEVARD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 605 PALM BOULEVARD.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of REHM REALTY GROUP LLC · Scott Rehm. MLS #TB8522653.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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