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**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
Sq Ft: 2,220
($203 per
sqft)
Bedrooms: 5
Bathrooms: 3
City: Dade City
County: Pasco
Type: Multi-Family
Development: Unplatted
Acres: 0.2200
Virtual Tour/Floorplan:
View
Year Built: 1955
Listing Number: TB8556602
Status Code: A-Active
Taxes: $3,717.99
Tax Year: 2025
Garage:
1
Furnishings: Unfurnished
Interior Features:
Ceiling Fans(s)
Open Floorplan
Stone Counters
Financial Information:
Taxes: $3,717.99
Tax Year: 2025
Exterior Features:
Other
Equipment:
Dishwasher
Disposal
Microwave
Range
Refrigerator
Additional Information:
Building Design: Halfplex
MLS Area: 33525 - Dade City/Richland
Total Square Footage: 2,624
Price per Square Feet: $202.70
Total Floors: 2
Water: Public
Construction: Frame
Date Listed: 2026-10-09 00:00:00
Furnished: Unfurnished
Garage Spaces: 1
Flooring: Carpet, Ceramic Tile, Laminate
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air, Mini-Split Unit(S)
Laundry: Inside
Sewer: Public Sewer
Parcel ID: 34-24-21-0000-0
Map of 37250 Florida Avenue, Dade City, FL 33525
Listing Courtesy Of: Amethyst Property Advisors Llc
sunflowerhomedeals@gmail.com