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Active Commercial

402 E MAIN STREET

Dundee, FL 33838

STELLAR #P4938541 Updated: Apr 24, 2026, 6:23pm
$420,000
0 Beds • 0 Baths • 3,352 SqFt
Property
ActiveCommercial
1/60
$420,000

402 E MAIN STREET

Dundee, FL 33838
0
Beds
0
Baths
3,352
SqFt
0.21
Acres
STELLAR
#P4938541
Updated: Apr 24, 2026, 6:23pm

Property Description

Fully occupied multifamily investment opportunity on an oversized corner lot with excellent visibility. This two-story apartment building features five units, each with its own electric meter. Each unit offers a one-bedroom, one-bath layout plus a bonus room that could function as a second bedroom, along with a kitchen and living area. Units are equipped with window A/C units.

Tenants pay their own electric, while rent currently includes water and trash. The property is on city water with a septic system approximately 10 years old. Current gross annual income is $51,000, with strong potential for increased returns through renovations and rent adjustments.

Additional features include a storage area that could be converted into a shared laundry facility, adding further value and convenience for tenants. Ideal for investors looking to add value and maximize income potential.



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Included Appliances
Refrigerator

Property Details

Interior
Appliances
Refrigerator
Building Area Total
3382
Cooling
Wall/Window Unit(s)
Heating
Electric
Living Area
3352
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Direction Faces
North
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
5
Roof
Shingle
Year Built
1946
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.21
Lot Size Area
9108
Lot Size Square Feet
9108
Lot Size Units
Square Feet
Public Survey Range
27
Public Survey Section
28
Road Frontage Type
City Street
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Septic Tank
Total Acreage
0 to less than 1/4
Utilities
Electricity AvailableWater Connected
Water Source
Public
Zoning
R-1A
Financials
Calculated List Price By Calculated Sq Ft
124.19
Contract Status Change Date
2026-04-24
Current Price
420000
Feed Types
BBO
Owner Name
STEVEN J WATERS
Ownership
Fee Simple
Parcel Number
272828836000014091
Public Survey Township
28
Tax Annual Amount
5889
Tax Block
14
Tax Book Number
1-86
Tax Legal Description
DUNDEE PB 1 PG 86 BLK 14 LOT 9 N 75 FT & N 75 FT OF 10 & THAT PORTION OF SR 17 RD R/W LYING ADJACENT TO LOT 10 DESC AS COMM AT NW COR LOT 10 RUN E 9.32 FT FOR POB RUN N 3 FT E 34.5 FT S 3 FT W 34.5 FT TO POB
Tax Lot
9
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33838 - Dundee
Subdivision Name
DUNDEE
Listing provided courtesy of STELLAR via IDX. Updated: Apr 24, 2026, 6:23pm.
Debbie Bradbury

Listing Agent

REAL ESTATE BROKERS USA, INC.

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