High and Dry Elevation - Exceptional Development Opportunity in the Heart of Downtown Dunedin. Discover an unparalleled opportunity at 1138 New York Avenue, located in the vibrant and highly sought-after Downtown Dunedin. This property is zoned RMF-15 (Residential Multi-Family, 15 Units per Acre), offering extraordinary flexibility and potential for developers, builders, and investors. Whether you envision high-end townhomes, income-generating duplexes, or a grand single-family estate with accessory dwelling unit(s) with a pool, this property provides the perfect canvas for your next project. The existing home on the lot presents an option to renovate and integrate into a larger development plan or clear the property for a completely new build. With the capacity to develop up to four luxury townhomes, two duplexes, or a spacious single-family home with room for a pool and Accessory Dwelling Unit (ADU), this site adapts to a wide range of visions and goals. Situated in the heart of Dunedin, the property is walking distance to the city's best amenities, including boutique shops, locally owned restaurants, and the lively brewery scene. The Toronto Blue Jays Spring Training Stadium is nearby, as is the scenic Pinellas Trail, perfect for biking and outdoor enthusiasts. Just a short drive away, you’ll find world-renowned beaches at Honeymoon Island and Clearwater Beach, along with easy access to the Dunedin Marina and the picturesque waterfront. Dunedin is celebrated for its charming coastal community, rich history, and thriving real estate market. Its lively downtown, nearly four miles of waterfront, and year-round cultural events make it one of Florida’s most desirable destinations. Conveniently located near major hospitals, schools, and only 30 minutes from Tampa International Airport, this property offers both an exceptional location and limitless potential. Contact a local real estate professional to learn more.