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(321) 522-2149
LPT Realty, LLC
37250 Florida Avenue, Dade City, FL 33525
- $449,990
- 5
- BD
- 3
- BA
- 2,220
- SqFt
- List Price
- $449,990
- Status
- Active
- Days on Market
- 0
- MLS#
- TB8556602
- Property Style
- Half Duplex
- Year Built
- 1955
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,220
- Lot Size
- 9,374
- Acres
- 0.22
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Unplatted
- MLS Area Major
- Dade City/Richland
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**
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Additional Information
- Taxes
- $3717
- Minimum Lease
- No Minimum
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- RIO
- Interior Layout
- Ceiling Fans(s), Open Floorplan, Stone Counters
- Interior Features
- Ceiling Fans(s), Open Floorplan, Stone Counters
- Floor
- Carpet, Ceramic Tile, Laminate
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator
- Utilities
- Electricity Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Mini-Split Unit(s)
- Exterior Construction
- Frame
- Exterior Features
- Other
- Roof
- Shingle
- Foundation
- Crawlspace, Slab
- Pool
- No Pool
- Garage Carport
- 1 Car Garage
- Garage Spaces
- 1
- Flood Zone Code
- X
- Parcel ID
- 34-24-21-0000-06900-0010
- Legal Description
- E 75 FT OF THE W 311.70 FT OF THE N 125 FT OF THAT PART OF THE SW 1/4 OF THE NE 1/4 OF THE NW 1/4 LYING S OF FLORIDA AVE THE SAME CONTAINING A POR OF THE W 19.80 FT OF THE E 1031.30 FT OF THE NE 1/4 OF THE NW 1/4
Listing courtesy of AMETHYST PROPERTY ADVISORS LLC. 954-842-8683
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