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Property
Beds
5
Full Baths
3
1/2 Baths
None
Year Built
1955
Sq.Footage
2,220
**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**
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan, Stone Counters, In-Law Floorplan
-
Total Bedrooms
5
-
Bathrooms
3
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Frame
-
Other Exterior Features
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.22
-
Lot Size(square feet)
9,374
-
Property Type
Residential
Price
-
Sales Price
$449,990
-
Tax Amount
$3,717.99
-
Financing Options
Cash, Conventional, FHA, Lease Option
-
Sq. Footage
2,220
-
Price/SqFt
$202
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
New Construction
NO
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
0010
-
Water Source
Public
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Location
County
Pasco
Elementary School
Middle School
High School
Listing Courtesy of Viral Doshi, AMETHYST PROPERTY ADVISORS LLC
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Emil Garinga
Call Emil today to schedule a private showing.
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