Listing Details for MLS #TB8468103
433 S Paula Drive Unit 31, Dunedin, Fl

Residential Property - Condominium in Dunedin

Listing Price: $725,000 (Mortgage Calculator →)Days on Market: 8Cumulative Days on Market: 199

Description of Property

3-bedroom, 3-bath condominium with assigned carport, located in the waterfront community of South Paula Point Condominiums. This well-maintained two-story residence offers a functional layout with living spaces on the main level and bedrooms upstairs, complemented by thoughtful built-ins, updated finishes, and water views. The main level features an open living and dining area with ceramic tile flooring, crown molding, recessed lighting, and a seamless connection to the kitchen. The kitchen is well-appointed with stone countertops, custom cabinetry, a center island with seating and built-in storage, pendant lighting, tile backsplash, and stainless steel appliances. A tall pantry cabinet with concealed appliance storage provides additional organization, while under-stair built-in shelving maximizes space efficiently. A half bath with a vanity sink and updated finishes is also located on the first floor. Upstairs, the primary suite features luxury vinyl plank flooring, a ceiling fan, dual walk-in closets, and direct access to a private balcony with views of the Intracoastal Waterway and the Gulf of Mexico beyond. The en suite bath includes a dual-sink vanity, stone countertops, shiplap-style wall detailing, updated lighting, and a glass-enclosed walk-in shower with a rain showerhead and a built-in niche. Two additional bedrooms are located on the second level, both with luxury vinyl flooring, ceiling fans, and ample closet space. One bedroom offers water views through wide plantation-shuttered windows. A second full bath features a tub/shower combination with glass enclosure, decorative tile surround, and a vanity with stone countertop. Additional features include a stacked washer and dryer in a dedicated laundry closet with shelving, central air conditioning, electric heating, public utilities, and an assigned carport (Carport #67). South Paula Point Condominiums is an elevator-served waterfront community offering a clubhouse, community pool, sidewalks, and direct access to the Gulf of Mexico and Intracoastal Waterway. Amenities include a kayak rack with ladder access to the Gulf and on-site storage (both first-come, fee-based). Monthly condo fees include exterior maintenance, insurance, water, sewer, trash, pest control, pool maintenance, management, and escrow reserves. Major Improvements & Upgrades: The home has undergone extensive structural, safety, and energy-efficiency improvements. The entire first floor was fully re-sheetrocked (walls and ceilings) with all materials confirmed asbestos-free, and the downstairs ceiling height was increased by one foot through redesigned A/C ducting—significantly enhancing livability and spatial feel. Insulation was fully replaced in 2009, with all old attic insulation removed and new A/C ductwork installed. Hurricane shutters have been added on the water-facing side of the home. Additional updates include a newer hot water heater, electric fireplace heating, dehumidification systems in both the upstairs bath and downstairs half bath, and a custom under-stair storage build-out. Exterior improvements include fully renovated waterside balconies with resealed concrete and upgraded stainless cable railings, replacement and repainting of all exterior stairways, and complete sealing and painting of all buildings (2025). Vertical structural beams supporting the second-floor walkway were also repaired, resealed, and repainted in 2025. For a full list of improvements, see attachments.The average asking price for a 3 bedroom/2 bath condominium in this Zip code is $627,239. This condominium is listed at about 116% of the average asking price. There are 2 3 bedroom/2 bath homes between $600,000 and $900,000 currently listed for sale in this Zip code. See other listings like this one »