548 Bay St isn't your typical Dunedin, FL listing. It's two complete homes on one lot, not in a flood zone, and an 8-minute walk to Downtown Dunedin's restaurants, breweries, Friday night live music and the Gulf. The main house is a 2-bed, 1-bath bungalow in one of Pinellas County's most walkable neighborhoods. The detached accessory dwelling unit (ADU), built in 2022, functions as a private guest house or in-law suite with its own bedroom, full bath, living area, and kitchenette, and rents between $1,400-$2,000/month depending on the season, making it a turn-key income producer from day one. Both units allow 90-day minimum rentals, and owner-occupants of the main house can apply for a conditional use permit to unlock short-term rental income from the ADU, a rare setup in one of Florida's top vacation destinations. Six minutes to the Pinellas Trail, minutes to Honeymoon Island and the Gulf, and close to Blue Jays Spring Training, the Fenway Hotel, and Dunedin Golf Club. Two storage sheds handle the bikes, kayaks, and beach gear, and the spacious backyard is a blank canvas for whatever outdoor life you're envisioning. The front yard boasts a low maintenance native Florida garden. Two-home properties this close to downtown, outside the flood zone, almost never come to market in Dunedin, FL. Whether you're looking for your forever home, an investment property, multi-generational family living, or simply a home with built-in income, 548 Bay St delivers something genuinely hard to find. Schedule your private showing today. Opportunities like this in Dunedin don't last.
- Built in 1957
- $398.94/sqft
- Lot size: 6,612 sqft
- Directions: heading south on Alt 19 turn East on Skinner Blvd, then left on MLK Jr Ave, Right on Bay St, Home is on the left.
- County: Pinellas
- Geo subdivision: FOREE SUB
Nearby Schools
San Jose Elementary-PN
Dunedin Highland Middle-PN
Dunedin High-PN
Features
Interior
Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Lease Information
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Michele Weiand
Realtor 🇺🇸
- Source: Stellar MLS
- MLS #: TB8500731
Listing updated: April 23, 2026 at 4:53PM
Listing provided by: Donald Hathaway, III, REAL BROKER, LLC
Last checked 3 hours ago
Listing provided by: Donald Hathaway, III, REAL BROKER, LLC
Last checked 3 hours ago
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