37250 FLORIDA AVENUE, DADE CITY, FL 33525
$449,990 · Active
MLS #TB8556602
- Price
- $449,990
- Status
- Active
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 2,220 sq ft
- Home type
- Half Duplex
- Year built
- 1955
- Lot size
- 0.22 acres
- Full bathrooms
- 3
- Half bathrooms
- 0
- Private pool
- No
- Waterfront
- No
- New construction
- No
- HOA
- No
- 55+ community
- No
- Levels
- Two
- County
- Pasco
- Garage spaces
- 1
- Annual property taxes
- $3,717.99
- Subdivision
- UNPLATTED
- Appliances & Equipment
- Dishwasher · Disposal · Microwave · Range · Refrigerator
- Bathrooms
- 3 total bathrooms · 3 full bathrooms
- Bedrooms
- 5 total bedrooms
- Building
- Built in 1955 · Living area: 2220 · Living area units: Square Feet · Building faces North · 2 stories · Levels: Two · Construction Materials: Frame
- Cooling
- Central Air · Mini-Split Unit(s)
- Floors
- Carpet · Ceramic Tile · Laminate
- Foundation
- Crawlspace · Slab
- Garage
- 1 space
- Heating
- Central · Electric
- Interior Features
- Ceiling Fans(s) · Open Floorplan · Stone Counters
- Laundry
- Inside
- Lot
- 0.22 acres
- Roof
- Shingle
- Sewer
- Public Sewer
- Utilities
- Electricity Connected · Water Connected · Water Source: Public
About this home
**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**
Courtesy of AMETHYST PROPERTY ADVISORS LLC 954-842-8683
Schedule A Tour Get More Information On This HomeContact LPT Realty at (877) 366-2213 to ask about this home.