Real Estate Investing in Dunedin, FL: Where to Buy a Property (2024)

Dunedin is a beautiful arts community located on the west coast of Florida in Pinellas County. With a cool, artsy reputation and historical roots in Scotland, Dunedin is popular with both families and retirees, Dunedin is a great place to purchase real estate this year. Look for properties near good schools and local amenities to capitalize on the best that Dunedin has to offer.

The Best Investing Strategies In Dunedin, FL

It’s possible to make a good profit by investing in real estate in Dunedin, FL. Dunedin is an attractive town that’s especially appealing to young families and retirees, and investors can make a good return on their investment if they develop an effective strategy before purchasing Dunedin real estate.

Most people buying real estate in Dunedin are looking to make long-term gains by renting out their Dunedin properties, either on a short-term basis (using sites like Airbnb) or on a long-term basis to local residents. Either of these strategies can be successful, but the risks and rewards they carry are slightly different.

If you choose to rent your real estate out on a short-term basis, you can charge more rent per night’s stay, but you’ll also have to spend more money on cleaning and maintenance and your property will likely be unoccupied sometimes. Long-term rentals provide a steadier income with less risk.

Dunedin, FL Real Estate Investment Tips & Tricks

Before you invest in Dunedin, FL real estate, make sure you read our tips and tricks to ensure that you get the most out of your investment. 

• Buy with your investment goals in mind: When you purchase an investment property in Dunedin, it’s important to keep your investment goals in mind. Do you want to find a property that will make good returns from rental income in the long-term, or do you want to look for a property that you can fix and flip quickly?

• Keep an eye on market trends: Dunedin is an increasingly popular area among families, young professionals and retirees. Market trends are changing every month, so it’s important to keep track of property sales and sale prices in different areas as you look to buy.

• Work with a local expert: Team up with a local real estate agent to make sure that you purchase the right investment property for your strategy. Real estate agents can help you to find suitable properties and negotiate a great purchase price on your behalf.

Is Dunedin, FL, A Good Real Estate Investment?

Dunedin, FL real estate is a good investment. The average property price in Dunedin is currently around $248,000, which is very affordable compared to the Florida average. Despite this, Dunedin is extremely popular with residents of Pinellas County and many families and retirees are choosing to move there every year.

Property prices in Dunedin have risen by over 13% in the past year, and experts predict that more rises are still to come. Dunedin has a strong rental market and a growing economy, both of which help to ensure that the area is popular among families and people of working age.

All of this indicates that Dunedin is a good place to invest in real estate. Dunedin is set to expand over the coming years, and buyers who purchase property there now will likely benefit from gradual rises in property prices as well as healthy rental yields. 

No more guesswork.
Accurate estimates only.

Talk to an investor agent

Is It A Good Time To Invest In Real Estate In Dunedin, FL?

It’s definitely a good time to invest in Dunedin, FL real estate. While property prices in Dunedin have been rising in recent years, most experts expect that these rises will continue. Dunedin offers a peaceful, safe haven in central Pinellas County where property is still relatively affordable and the big cities of Clearwater and St. Petersburg are only minutes away.

As well as rising property prices, rental yields in the town are good and demand for rental properties is increasing as new residents move to the area. All of this, combined with Florida’s favorable property taxes, ensures that real estate investors can turn a good profit when they invest in Dunedin real estate this year.

Best Areas And Neighborhoods To Invest In Dunedin, FL

As well as researching schools and amenities, visiting different areas in Dunedin could help you to get a good idea of what each neighborhood is like and where you want to buy. The location of your real estate in Dunedin will not just impact the popularity of your property but also the type of renters or buyers that you attract.

Downtown Dunedin is a popular part of the town, especially for those who appreciate its historic charm and convenient amenities. It’s close to Dunedin’s most attractive streets and, while property prices may be slightly higher here, demand will always remain high.

The Hills is another popular neighborhood in Dunedin. Known for its eponymous hills and peaks, this area is elevated above most of the town and offers gorgeous panoramic views across the rest of Dunedin.

Main Activities, Attractions, And Employers In Dunedin, FL

Dunedin is just a 35-minute drive from Tampa, which is where many locals will commute for work. The biggest employers in Tampa include Publix, Raymond James Financial, and TD Synnex. The city’s major industries include finance, healthcare, tech, and tourism. Dunedin itself offers a lot of roles in service industries including retail and hospitality.

Dunedin itself is the home of many vibrant local attractions to keep residents busy. Caladesi Island State Park and Honeymoon Island State Park are just a stone’s throw from the town, and the Pinellas Trail, which runs the entire length of the county, runs right through the center of Dunedin.

Culture vultures will also be happy visiting the arts venues that abound in downtown Dunedin. The Stirling Art Studios and Gallery and the Dunedin Fine Art Center are just two examples of the local culture that Dunedin offers.

With great insights come great
investments. And even greater profit.

We’re here to help you make informed and confident investments.

Schedule a call