37250 FLORIDA AVENUE, Dade City, Florida, 33525
$449,990
2,220 Sqft
0.22 Acres
5 bd
3 ba
#TB8556602
**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 FEATURES
- Utilities : Electricity Connected, Water Connected
- Water Access : 0
- Sewer : Public Sewer
- Garage On Property : Yes.
- Garage Spaces: 1
- Road Surface Type : Asphalt
- Heating : Central, Electric
- Cooling : Central Air, Mini-Split Unit(s)
- Interior Features : Ceiling Fans(s), Open Floorplan, Stone Counters
- Laundry Features : Inside
- Appliances : Dishwasher, Disposal, Microwave, Range, Refrigerator
- Flooring : Carpet, Ceramic Tile, Laminate
PROPERTY DETAILS
ID: TB8556602
Status: Active
Price: $449,990
Acres: 0.22 Acres
Price Per Acre: $2,045,409
Type: Other
Address: 37250 FLORIDA AVENUE
City, State: Dade City, Florida
County: Pasco
Zip Code: 33525
Lat/Long: 28.359423, -82.199052
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