$449,990
37250 FLORIDA AVENUE, DADE CITY, FL 33525
Beds
5
Baths
3
Sq Ft
2,220 sq ft
Year Built
1955
Lot Size
0.22 acres
Garage
1
About This Property
**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 Overview
Interior Features
Exterior & Lot
Utilities
Parking
HOA & Community
Financial Details
Directions
Property is located on Florida Ave
Location
37250 FLORIDA AVENUE, DADE CITY, FL 33525
Listing Information
Schedule a Tour
Pick a Day
Preferred Time
Home Price
$449,990
Loan Term
How to Buy This Home
Multiple financing options available for this $449,990 home in DADE CITY.
🏛️
FHA Loan
$15,750 Down
Government-backed, low down payment. Credit scores as low as 580.
🏦
Conventional
$22,500 Down
Traditional financing. As low as 3-5% down with good credit.
Florida Down Payment Assistance Programs
You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.
Florida Hometown Heroes
Up to $35,000
First-time buyers working in FL
FL Assist
Up to $10,000
FHA, VA, or USDA borrowers
FL HLP Second Mortgage
Up to $10,000
First-time buyers, 0% deferred
Pasco County SHIP
Varies
Income-qualifying Pasco residents
Can You Afford This Home?
Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.
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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 10, 2026.