- 5 beds
- 4 baths
- 1,950 sqft
37250 Florida AvenueDade City, FL, 33525
- Price per sqft
- $203
- Days on market
- 12
- Listed
- Oct 9
About this property
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
Top Villas Intelligence
Projected rental revenue and ownership costs
Property details
- Street address
- 37250 Florida Avenue
- City
- Dade City
- State
- FL
- ZIP code
- 33525
- Year built
- 1955
- New construction
- No
- Faces
- North
- Rooms
- 9
- Building stories
- 2
- Living area
- 2,220 sqft
- Total building area
- 2,624 sqft
- Levels
- Two
Price & sale history
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Listed for saleMLS #TB8556602 | $449,990 | Not applicable |
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