**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**
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 Details
Price:
$449,990
MLS #:
TB8556602
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
1/2 Duplex
Subdivision:
UNPLATTED
Neighborhood:
33525dadecityrichland
Listed Date:
Oct 9, 2026
Finished Sq Ft:
2,220
Total Sq Ft:
2,624
Lot Size:
9,374 sqft / 0.22 acres (approx)
Year Built:
1955
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Mini-Split Unit(s)
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Open Floorplan, Stone Counters
Laundry Features
Inside
Levels
Two
Exterior
Construction Materials
Wood Frame
Covered Spaces
1
Direction Faces
North
Exterior Features
Other
Garage Spaces
1
Roof
Shingle
Financial
Tax Year
2025
Taxes
$3,718
Map
Community
- Address37250 FLORIDA AVENUE DADE CITY FL
- SubdivisionUNPLATTED
- CityDADE CITY
- CountyPasco
- Zip Code33525
Market Summary
Current real estate data for Single Family in DADE CITY as of Oct 19, 2026
380
Single Family Listed
109
Avg DOM
236
Avg $ / SqFt
$553,870
Avg List Price
Property Summary
- Located in the UNPLATTED subdivision, 37250 FLORIDA AVENUE DADE CITY FL is a Single Family for sale in DADE CITY, FL, 33525. It is listed for $449,990 and features 5 beds, 3 baths, and has approximately 2,220 square feet of living space, and was originally constructed in 1955. The current price per square foot is $203. The average price per square foot for Single Family listings in DADE CITY is $236. The average listing price for Single Family in DADE CITY is $553,870. To schedule a showing of MLS#tb8556602 at 37250 FLORIDA AVENUE in DADE CITY, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
Similar Listings Nearby
Courtesy of AMETHYST PROPERTY ADVISORS LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 37250 FLORIDA AVENUE
DADE CITY, FL
