Dunedin, Florida: A Look at Its History & the real estate market.

Dunedin, located on the Gulf of Mexico in Pinellas County, is a charming coastal town with a rich history. The area was first settled by Scottish immigrants in the mid-1800s, and the city was officially incorporated in 1899. The name “Dunedin” comes from the Scottish Gaelic word for Edinburgh, the capital of Scotland.

One of the most notable historical sites in Dunedin is the Fenway Hotel, which was built in 1926. The hotel was a popular destination for tourists and celebrities during the 1920s and 1930s and was even visited by President Calvin Coolidge. Today, the Fenway Hotel has been restored and serves as a bed and breakfast.

Another important historical site is the Dunedin Historical Museum, which was established in 1977. The museum is located in a restored 1914 cottage and features exhibits on the city’s early settlers, the citrus industry, and the military.

Dunedin is also known for its baseball history. The city has been the spring training home of the Toronto Blue Jays since 1977, and the team plays its home games at the Dunedin Stadium. The stadium was built in 1990 and has a seating capacity of 5,509.

In addition to its historical sites, Dunedin is also known for its beautiful beaches, parks, and marina. The city has several parks and nature preserves, including Hammock Park, which is home to over 200 species of birds. The marina offers a variety of water activities, including fishing and boating.

In recent years, the real estate market in Dunedin has seen steady growth, with a projected increase of 3.5% over the next year (2023). The real estate market in Dunedin is considered a seller’s market, with a low inventory of homes for sale and high demand from buyers.

One of the most sought-after neighborhoods in Dunedin is the Historic Downtown area. This neighborhood is known for its charming, tree-lined streets and historic homes. Many of the homes in this area were built in the 1920s and 1930s and have been beautifully restored. The Historic Downtown area is also home to a variety of shops, restaurants, and parks, making it a popular choice for both families and retirees.

Another popular neighborhood in Dunedin is the Waterfront area, which is located along the Gulf of Mexico. This neighborhood is known for its beautiful beaches and marina, as well as its high-end homes. Many of the homes in the Waterfront area have private docks and offer stunning views of the Gulf.

In conclusion, the real estate market in Dunedin has seen steady growth in recent years, making it a great investment opportunity. The Historic Downtown and Waterfront areas are particularly popular among buyers, offering a variety of properties from charming historic homes to high-end waterfront properties.