37250floridaavenuedadecityfl33525
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5 Beds
3 Full baths
2,220SqFt
Active
**Investment Opportunity in Dade City – Recently Remodeled 3-Unit Multifamily Property!** Excellent opportunity to own a versatile multifamily property at 37248 & 37250 Florida Ave in Dade City, Florida. Featuring three separate rental units and a detached garage, this property offers multiple income streams and an attractive setup for investors seeking rental income or owner-occupants looking to offset their housing expenses. The property consists of two spacious 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. All three units have been recently remodeled and feature their own in-unit laundry hookups, providing added convenience for tenants. Major improvements include a roof replacement in 2024, newer AC units, updated electrical and plumbing. **Current Rental Income:** * Unit 1: 2 bed, 1 bath = $1,400/month | Lease through 12/01/2026 * Unit 2: 2 bed, 1 bath = $1,400/month | Month-to-month * Unit 3: 1 bed, 1 bath = $950/month | Lease through 02/01/2027 **Total Monthly Rental Income: $3,750** **Total Annual Rental Income: $45,000** With recent renovations, a newer roof, newer AC units, individual laundry hookups, and an additional detached garage, this property offers a compelling combination of functionality and income potential. Whether you're expanding your rental portfolio or looking to live in a home with additional rental income, this property is worth a closer look! **Owner financing may be available with attractive terms**
Property Details | ||
|---|---|---|
| Price | $449,990 | |
| Bedrooms | 5 | |
| Full Baths | 3 | |
| Half Baths | 0 | |
| Lot Size Area | 9374 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.22 | |
| Property Type | Residential | |
| MLS Sub type | 1/2 Duplex | |
| Features | Ceiling Fan(s), Open Floorplan, Stone Counters | |
| Exterior Features | Other | |
| Year Built | 1955 | |
| Subdivision | UNPLATTED | |
| Roof | Shingle | |
| Heating | Central, Electric | |
| Foundation | Crawlspace, Slab | |
| Laundry Features | Inside | |
| Garage spaces | 1 | |
Geographic Data | ||
| Directions | Property is located on Florida Ave | |
| County | Pasco | |
| Latitude | 28.359423 | |
| Longitude | -82.199052 | |
| Market Area | 33525 - Dade City/Richland | |
Address Information | ||
| Address | 37250 FLORIDA AVENUE, DADE CITY, FL 33525 | |
| Postal Code | 33525 | |
| City | DADE CITY | |
| State | FL | |
| Country | United States | |
Listing Information | ||
| Listing Office | AMETHYST PROPERTY ADVISORS LLC | |
| Listing Agent | Viral Doshi | |
| Special listing conditions | None | |
| Ownership | Fee Simple | |
| Terms | Cash, Conventional, FHA, Lease Option, Owner May Carry | |
MLS Information | ||
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | Oct 9, 2026 | |
| Listing Last Modified | Oct 9, 2026 | |
| Tax ID | 3424210000069000010 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 3717 | |
| MLS Area | 33525 - Dade City/Richland | |
| MLS # | TB8556602 | |
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