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$850,000

37701 CAMPHOR DRIVE, DADE CITY, FL 33525

3D Tour
Active43 days on market

Beds

12

Baths

6

Sq Ft

5,000 sq ft

Year Built

1973

Lot Size

1.53 acres

Garage

,

About This Property

SIX UNITS!!!! Located just a short walk from the heart of historic Downtown Dade City, this well-maintained multifamily investment presents a rare opportunity to acquire a six-unit apartment community in one of Pasco County's most desirable and supply-constrained rental markets. The property consists of two triplex buildings, each thoughtfully designed with spacious two-bedroom, one-bathroom residences that appeal to a broad tenant base. The community offers an attractive residential environment featuring a park-like setting enhanced by towering, mature oak trees, established landscaping, inviting courtyards, and private front porches that create a neighborhood feel seldom found in today's apartment developments. A private street provides convenient access while enhancing the property's quiet, secluded atmosphere. Each apartment is individually metered for electricity and features central heating and air conditioning, generously sized bedrooms, functional floor plans, and abundant natural light. An on-site laundry facility provides an additional convenience for residents while minimizing owner maintenance responsibilities. From an investment perspective, the property offers a compelling value-add opportunity. Current rental rates are below prevailing market levels, providing investors the ability to increase cash flow through strategic rent adjustments while benefiting from the property's desirable location and strong rental demand. Positioned within walking distance of Downtown Dade City's restaurants, shops, parks, and community events, and offering convenient access to major transportation corridors throughout Pasco County, this property combines stable in-place income with meaningful upside potential. Opportunities to acquire boutique multifamily assets of this quality and character in Downtown Dade City remain exceptionally limited, making this an attractive investment for both private investors and long-term multifamily owners.

Property Overview

Property TypeResidential Income
Sub TypeTriplex
MLS #TB8541784
StatusActive
Year Built1973
ConstructionBlock
RoofShingle
FoundationSlab
SubdivisionMILLS ESTATE
CountyPasco
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Kitchen/Family Room Combo
LaundryCommon Area
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorCourtyard, Sidewalk
Lot Size1.53 acres (66,750 sq ft)
Lot Dimensions150 x 445
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesCable Connected, Electricity Connected, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$850,000
Original Price$895,000
Annual Taxes$9,112 (2025)
FinancingCash, Conventional
ZoningR3
Parcel #212434022.0005.00004.0

Directions

Hwy 301 to West on Willingham to North on 10th to West on Camphor

Location

37701 CAMPHOR DRIVE, DADE CITY, FL 33525

Listing Information

OfficeBINGHAM REALTY INC
ListedAugust 24, 2026

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Home Price

$850,000

20% ($170,000)
6.75%

Loan Term

Principal & Interest$4,410
Property Tax (est.)$779
Insurance (est.)$150
Total Monthly$5,340
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX 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. Data last updated: October 6, 2026.

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