5 Beds
3 Baths
2,220 SqFt
5 Beds
3 Baths
2,220 SqFt
Key Details
Property Type Single Family Home, Duplex
Sub Type Half Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $202
Subdivision Unplatted
MLS Listing ID TB8556602
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1955
Annual Tax Amount $3,717
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Half Duplex
Source Stellar MLS
Property Description
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**
Location
State FL
County Pasco
Community Unplatted
Area 33525 - Dade City/Richland
Zoning RIO
Interior
Interior Features Ceiling Fans(s), Open Floorplan, Stone Counters
Heating Central, Electric
Cooling Central Air, Mini-Split Unit(s)
Flooring Carpet, Ceramic Tile, Laminate
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator
Laundry Inside
Exterior
Exterior Feature Other
Garage Spaces 1.0
Utilities Available Electricity Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Attached Garage false
Exposure North
Garage true
Private Pool No
Building
Story 2
Entry Level Two
Foundation Crawlspace, Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Lease Option, Owner Financing
Listing Terms Cash, Conventional, FHA, Lease Option, Owner Financing
Special Listing Condition None
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