**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**
For sale
$449,990
37250 FLORIDA AVENUE, DADE CITY, FL 33525
5beds
2,220sqft
Duplex, Multi Family
Built in 1955
-- sqft lot
$-- Zestimate®
$203/sqft
$-- HOA
What's special
Detached garageIn-unit laundry hookupsUpdated electrical and plumbingNewer ac units
- 1 day
- 66
- 3
Zillow last checked:
Listing updated:
Listed by:
Viral Doshi 954-842-8683,
AMETHYST PROPERTY ADVISORS LLC 954-842-8683
Source: Stellar MLS,MLS#: TB8556602
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Bedroom 4
- Features: Built-in Closet
- Level: Basement
Primary bathroom
- Features: Built-in Closet
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: Basement
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air, Ductless
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Laundry: Inside
Features
- Ceiling Fan(s), Open Floorplan, Stone Counters
- Flooring: Carpet, Ceramic Tile, Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,624
- Total interior livable area: 2,220 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Exterior features: Other
Lot
- Size: 9,374 Square Feet
Details
- Parcel number: 3424210000069000010
- Zoning: RIO
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Wood Frame
- Foundation: Crawlspace, Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: UNPLATTED
HOA
- Has HOA: No
Location
- Region: Dade City
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $97,189
- Annual tax amount: $3,717
- Date on market: 10/9/2026
- Listing terms: Cash,Conventional,FHA,Lease Option,Owner May Carry
- Ownership: Fee Simple
- Total actual rent: 45600
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Listed for sale | $449,990$203/sqft |
Source:  Stellar MLS #TB8556602 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $2,267 +46% | $96,150 +64.6% |
| 2021 | $1,552 +7.7% | $58,420 +10% |
| 2020 | $1,442 +4.2% | $53,110 +10% |
| 2019 | $1,384 | $48,290 -25% |
| 2018 | $1,384 +5.3% | $64,423 +52.5% |
| 2017 | $1,315 +17.3% | $42,253 +16.5% |
| 2016 | $1,121 +7.3% | $36,282 -0.8% |
| 2015 | $1,045 +13.2% | $36,580 -0.9% |
| 2014 | $923 | $36,911 +20.4% |
| 2013 | -- | $30,647 +10.1% |
| 2012 | -- | $27,828 -28.4% |
| 2011 | -- | $38,889 -14.5% |
| 2010 | -- | $45,495 -29.5% |
| 2009 | -- | $64,546 -15.1% |
| 2008 | -- | $76,055 -1% |
| 2007 | -- | $76,857 -1% |
| 2006 | -- | $77,659 +63.3% |
| 2005 | -- | $47,565 +7.8% |
| 2004 | -- | $44,142 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33525
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