265 CAUSEWAY, DUNEDIN, FL, 34698 — photo 1
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265 CAUSEWAY, DUNEDIN, FL, 34698

$18,000,000

Built 20261.05 Acres

About This Property

One or more photo(s) has been virtually staged. Pre-Construction. To be built. 12 ICF Luxury Townhomes | 7-Room Boutique Hotel | Retail Winery Space | Pool | STR-Zoned Introducing 265 Causeway Blvd — a fully entitled, to-be-built mixed-use beachside retreat in the heart of Dunedin’s most desirable waterfront corridor. Offered as a complete land + build package, this shovel-ready development includes 12 luxury townhomes, a 7-room executive boutique hotel, a retail winery space, and a resort-style community pool, all designed with sustainable construction and premium lifestyle amenities. Positioned just steps from the Dunedin Causeway and minutes to Honeymoon Island and Downtown Dunedin, this offering combines the earning power of short-term vacation rentals, boutique hospitality, and NNN retail income—making it a highly attractive asset for income-focused investors or developers ready to break ground. The Townhomes: Each of the 12 residences features over 3,747 square feet of finished space across four levels, all connected by private in-unit elevators. Highlights include: - 4-car garages + private garden patios - Rooftop terraces with Gulf views (gas, electric, water-ready) - Spa-inspired owner’s suites, gourmet kitchens, open living plans - ICF construction: wind rated to 235+ mph, energy-efficient, soundproof, and solar-ready - Zoned for short-term rental or full-time residence The Hotel: A 7-room executive-style boutique hotel delivers elevated lodging in a market underserved by high-end accommodations. Rooms may share access to the pool amenity and offer flexibility in design and operations for STR or extended-stay formats. The Retail Winery: Included is a ground-floor NNN-leased retail space, with a current conceptual use as a winery or tasting room, delivering passive income and enhancing the overall lifestyle appeal of the community. Location & Lifestyle: - Steps to the beach, kayak launches, and Pinellas Trail - Walking distance to downtown Dunedin, shops, restaurants, and breweries - Minutes to Honeymoon Island State Park - Near Clearwater Beach, Tampa International, and St. Pete-Clearwater airports - Unmatched exposure on Dunedin Causeway, a high-traffic tourism corridor Construction-Ready: - Approved Development Order - Recorded Plat with Individual Parcel IDs - Civil & Architectural Plans Completed - Hotel, Retail & Townhome Pads Ready for Vertical Construction - All utilities accessible This is more than a real estate development—it's a destination. A rare fusion of luxury, functionality, and walkable Florida coastal lifestyle with income-generating versatility.

Status

Active

Listed By

PALM LIFE REALTY

Days on Market

176

Mortgage Calculator

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Est. Monthly Payment

$118,598

30-yr fixed · 20% down · 6.875%

Principal & Interest$94,598
Est. Property Tax~1.1% est.$16,500
Est. Home Insurance~0.5% est.$7,500
Total / month$118,598
Loan amount$14,400,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

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MLS# c6ce49becbba44dcfcd9d95f14c4721d

Location