37250 Florida Avenue, Dade City, FL 33525

$449,990
5
BD
3
BA
2,220
SqFt

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List Price
$449,990
MLS#
TB8556602
Bedrooms
5
Bathrooms
3
Sq. Ft
2,220
Lot Size
9,374
Subtype
Half Duplex
County
Pasco
Community
No Deed Restriction
Subdivision
Unplatted
Region
Dade City/Richland
Year Built
1955

Property Description

**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**

Additional Information

Heating
Central, Electric
Cooling
Central Air, Mini-Split Unit(s)
Roof
Shingle
Sewer
Public Sewer
Exterior Features
Other
Construction
Frame
Living Area
2,220

Listing courtesy of AMETHYST PROPERTY ADVISORS LLC. Contact: 954-842-8683

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