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Keith Houtz

keithhoutz@outlook.com +1(727) 415-4982

$ 449,990

Est. payment | -/mo

5 Beds

3 Baths

2,220 SqFt

Save Virtual Tour

$ 449,990

Est. payment | -/mo

Save Virtual Tour

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

**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**

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

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8556602

Listed by Viral Doshi AMETHYST PROPERTY ADVISORS LLC

NEARBY SCHOOL & BUSINESS

Since 2005, I have lived and helped clients in the Tampa Bay area, covering Pasco, Pinellas, Hernando, and Hillsborough Counties. I know and stay tuned into the developing and growing areas of Tampa Bay. Experience, Integrity, and Professionalism.
Review any of my testimonials from past clients.
I work for you and to your best interest.
Contact me directly today.
Live Your Best Life!

+1(727) 415-4982

keithhoutz@outlook.com

3903 Northdale Blvd Suite 100 E, Tampa, FL 33624, USA

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37250 FLORIDA AVE Dade City, FL 33525