1. Florida
  2. Dunedin
  3. 639 MICHIGAN BOULEVARD 1500
$2,200,000

639 MICHIGAN BOULEVARD 1500, Dunedin, FL 34698

  • 2,336 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $942/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Amazing opportunity to own a licensed 8-bed Assisted Living Facility (ALF) in the heart of Dunedin, with a variance approved for up to 14 beds. This newly updated facility is being positioned as an APD (Agency for Persons with Disabilities) group home or day school model, offering low overhead and strong income potential. The property features 6 private bedrooms, each with its own full bathroom, a fully remodeled kitchen, updated flooring, accessible bathrooms, and ample on-site parking. The building meets current county codes and ALF/APD standards. Projected income is approximately $6,000 per bed/month. Patients are eligible for a $700/month food allowance, and the county provides transportation for residents to attend school (until 5pm on weekdays and 2pm on weekends), minimizing staffing needs. Staffing is only required between approximately 7am–7pm. Seller financing available with favorable terms. Sale is contingent upon seller stabilizing occupancy with 8 residents and providing financials upon stabilization. Minutes from downtown Dunedin and Honeymoon Island Beach. Perfect for investors or operators seeking a turnkey income-producing facility in one of Dunedin’s most desirable areas.

Listing Status:
Active
Date Added:
August 7, 2025 at 05:00AM
Listing Office:
MCBRIDE KELLY & ASSOCIATES : 813-254-0900
Listing Agent:
Wallas Silva : 704-953-1922
MLS ID:
TB8415473
  • Appliances: DishwasherMicrowaveRefrigerator
  • Flooring: LaminateLuxury Vinyl
  • A/C: Central Air
  • Heating: Central
  • Disability Feature: Accessible BedroomAccessible Full BathAccessible KitchenAccessible Central Living Area

This listing courtesy of Wallas Silva, MCBRIDE KELLY & ASSOCIATES

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

San Jose Elementary

1670 San Helen Dr, Dunedin, FL, 34698

Grades PK-5

0.56 miles away

D

Discovery Academy of Science

1120 Curlew Rd, Dunedin, FL, 34698

Grades KG-8

0.91 miles away

D

Dunedin High School

1651 Pinehurst Rd, Dunedin, FL, 34698

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.