Azul Ave Coastal Townhome Development
21 Fully Entitled STR-Compatible Units • Dunedin, Florida
Fully Entitled Coastal STR Community in Dunedin, Florida
1380 Pinehurst Road, Dunedin, FL 34698
21 Fully Entitled STR-Compatible Units • Dunedin, Florida
Development risk substantially reduced through comprehensive entitlements and municipal progress
Fully entitled fee-simple townhomes with completed architectural review and municipal approval
Premium infill location on Pinehurst Road in high-demand Dunedin corridor
1,377 SF standard units optimized for short-term rental income generation
FX-M zoning permits short-term rentals - rare in Dunedin's infill locations
Self-contained infrastructure and HOA structure minimize municipal dependencies
Environmentally compliant design with extensive native vegetation preservation
Approved coastal vernacular design with Ocean City Blue siding and Bahama shutters
Significant entitlement milestones achieved, traffic study commissioned
Scarce STR-compatible infill opportunities in Dunedin's high-tourism corridor
Tourism-driven market with limited STR-compatible infill land
1.5 miles to vibrant downtown district with restaurants, breweries, and cultural attractions
3 miles to pristine Gulf Coast beaches and #1 ranked state park in Florida
25 minutes to TPA - major gateway for tourism and business travel
Tourism-driven economy with strong year-round rental demand and occupancy rates
Limited availability of STR-compatible infill land in established Dunedin neighborhoods
Coastal vernacular architecture approved by City of Dunedin
Complete development rendering showing unit layout and common areas
Coastal vernacular design with Ocean City Blue siding
Privacy-focused layout with quiet walkways
Bahama shutters, Galvalume roofing, coastal colors
Art wall feature and landscaped entries
Optimized for short-term rental income generation
Comprehensive entitlements and compliance achievements
Exceeds municipal requirements for green space and common areas
Native landscaping with 94% compliance for environmental preservation
Underground detention system engineered for site drainage requirements
Impact analysis underway with municipal traffic engineering
Coastal vernacular design approved through DRB revision process
Self-contained utilities and HOA minimize ongoing municipal dependencies
Full underwriting available upon NDA execution
Investment structure allows for strategic pivots based on market conditions
Operate all 21 units as professionally managed STR portfolio, generating immediate cash flow with institutional exit to REIT or portfolio buyer.
Sell individual units to owner-occupants or investors as fee-simple townhomes upon completion or pre-construction.
Retain select units for STR operation while selling remainder to retail buyers - optimizing for both cash flow and capital return.
Proven track record in entitlement navigation and municipal relationships
Special purpose entity formed for the development of 21 fee-simple townhomes at 1380 Pinehurst Road. Seasoned entitlement and municipal approval experience in Dunedin market.
Local real estate development and advisory firm with deep market knowledge, municipal relationships, and proven execution capabilities in coastal Florida markets.
FX-M zoning permitting short-term rentals on infill sites is increasingly rare in Dunedin's established neighborhoods. Market conditions favor early movers in this high-demand coastal tourism corridor.
Confidential offering memorandum and financial model available upon NDA