Commercial Sale · Multi Family (5+)
402 E MAIN STREET, DUNDEE, FL, 33838
Active89 days on marketListed Apr 24, 2026MLS #P4938541
About this property
The property at a glance
Fully occupied multifamily investment opportunity on an oversized corner lot with excellent visibility. This two-story apartment building features five units, each with its own electric meter. Each unit offers a one-bedroom, one-bath layout plus a bonus room that could function as a second bedroom, along with a kitchen and living area. Units are equipped with window A/C units. Tenants pay their own electric, while rent currently includes water and trash. The property is on city water with a septic system approximately 10 years old. Current gross annual income is $51,000, with strong potential for increased returns through renovations and rent adjustments. Additional features include a storage area that could be converted into a shared laundry facility, adding further value and convenience for tenants. Ideal for investors looking to add value and maximize income potential. View a video and navigate a 360 degree interactive virtual tour with zoom in and out capabilities to see how close Downtown Dundee is.
3,382
Building sq ft
$124
Price / sq ft
0.21
Lot acres
1946
Year built
5
Units
1
Building
R-1A
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
$51,000
Gross income (yr)
$84,000
Price / unit
5
Units
Estimated payment (illustrative)
Estimated payment
$2,539/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Darrick to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
5,431
Population
$44,514
Median income
32.6
Median age
2.93
Avg household
$230,100
Median home value
$1,600/mo
Median rent
740
Households w/ kids
Your team
The pros in your corner
Your agent
Darrick Cook
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 402 E MAIN STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 402 E MAIN STREET.
See it in person
Schedule a tour
Live availability from Darrick's calendar — pick a time and it's booked.
Listing courtesy of REAL ESTATE BROKERS USA, INC. · Debbie Bradbury. MLS #P4938541.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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