ScheelerDevis
BEDS5
BATHS3 full
SQUARE FEET2,220
MLS#TB8556602
STATUSActive
PROPERTY TYPEResidential -
SUBDIVISIONUNPLATTED
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**
Property Features
Property Type: Residential -
Cooling: Central Air, Mini-Split Unit(s)
Garage: 1
Heating: Central, Electric
Lot Size: 0.22 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $3,717
Year Built: 1955
Amenities
Ceiling Fans(s)
Open Floorplan
Stone Counters
Other
Feature Descriptions
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
Days on Site: 9
Directions: Property is located on Florida Ave
Exterior: Frame
Flood Zone Code: X
Flooring: Carpet, Ceramic Tile, Laminate
Foundation: Crawlspace, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, Lease Option, Owner Financing
Lot Dimensions: 0.22
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Half Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, See Remarks
Special Sale Provisions: None
Utilities: Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RIO
Listed By / Shown By
Listed By
Agency Name: AMETHYST PROPERTY ADVISORS LLC
Agency Contact: 954-842-8683
Shown By
Agent Name: Scheeler Devis
Agent Phone: Cell: (516) 567-3111
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 1,442.48 per month $1,001.48 Principal & Interest $309.75 Property Tax $131.25 Homeowner's InsuranceChange Payment Information
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37250 Florida Avenue | MLS# TB8556602
This home located at 37250 Florida Avenue , Dade City, FL 33525 is currently listed for sale with an asking price of $449,990. This property was built in 1955 and has 5 bedrooms and 3 full baths with 2220 sq. ft. Florida Avenue is located in the UNPLATTED subdivision. Search UNPLATTED real estate on sdevis.realty100.com today.