Under contract-accepting backup offers. Rare Opportunity in the Heart of Downtown Dunedin! Don’t miss this unique chance to own prime real estate in the highly sought-after Downtown Dunedin Core, with coveted AC land use zoning! The possibilities are endless — whether you're looking for a lucrative investment, a future development site, or both. The current owner has professionally designed blueprints available for a potential 4-unit townhome community, each featuring private parking underneath and two additional in-law suite apartments. Interested buyers can request the City’s specialty use list to explore the full range of future development options.The existing structure is a 2-unit income-producing property: Apartment A is a charming, fully furnished 2-bedroom, 1-bath unit featuring a cozy kitchen with breakfast bar, dining area, ample storage, a private fenced patio, and a full-size washer and dryer. Apartment B is a well-appointed studio with an updated kitchen, stackable washer & dryer, and its own private outdoor space. Additional highlights include two on-site parking spaces, a spacious corner lot, and plenty of room for expansion on the west side of the property. All of this just steps from Delightful Downtown Dunedin, the waterfront, and beautiful local parks. Come explore the charm, energy, and opportunity that Dunedin has to offer!