5
Beds
3
Baths
2,220 ft2
Property Size
1955
Year Built
**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 ID - | 2705787
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Brokerage: eXp Realty, LLC
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Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listing data is deemed reliable but is not guaranteed accurate by Stellar MLS. All data is obtained from various sources and may not have been verified by broker or Stellar MLS. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2026 Stellar MLS. All rights reserved.
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