For sale Residential

Listed Oct 9, 2026

$449,990 Est. $2,976/mo

37250 Florida Avenue

  • 5

    Beds

  • 3

    Baths

  • 2,220

    Sq ft

The story

**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**

Facts & features

Home type

Residential

Year built

1955

Floors

2

Price per sq ft

$203

Parking

1-car garage

Included features

  • Cooling

    Central Air, Mini-Split Unit(s)

  • Heating

    Central, Electric

  • Appliances

    Dishwasher, Disposal, Microwave, Range, Refrigerator

  • Flooring

    Carpet, Ceramic Tile, Laminate

  • Roof

    Shingle

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$2,976 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,395
  • Property tax $450
  • Insurance $131

Includes principal, interest, taxes & insurance.

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Listing Broker

AMETHYST PROPERTY ADVISORS LLC

Broker Name

AMETHYST PROPERTY ADVISORS LLC

Agent

Viral Doshi