37631 Florida Avenue, Dade City, FL 33525
- $365,000
- 4
- BD
- 4
- BA
- 2,192
- SqFt
- Sold Price
- $365,000
- List Price
- $389,900
- Status
- Sold
- Days on Market
- 10
- Closing Date
- Sep 22, 2023
- MLS#
- T3469111
- Property Style
- Triplex
- Year Built
- 1963
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,192
- Lot Size
- 14,242
- Acres
- 0.33
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Florida Ave Sub
- MLS Area Major
- Dade City/Richland
Property Description
LANDLORDS.... BUY 1 RENTAL AND GET 2 FREE!!! Take advantage of this opportunity to acquire 3 rent producing units. Sale includes a 2bed/2bath single family main home and also a 2 unit apartment building. Each 1bed/1bath apartment has been recently updated by the sellers and have the potential to rent for up to $900/month based on current rental rates plus an estimated $1700/month rental rate for the main home. The main home has a recent kitchen remodel with new cabinetry, butcher block countertops, appliances, stainless farm sink, and more! Both baths in the main home have also been recently updated. The main home electrical and HVAC systems were updated in 2018. The apartment HVAC systems were installed in 2018 and 2013. The main interior has a soaring 13' vaulted ceiling with exposed wood beams. This home exudes classic character around every corner with it's original "heart of pine" wood flooring and the solid wood original doors. Super conveniently located only a 6 minute walk (.3 miles) to the local elementary and middle schools and if that isn't enough exercise you can hop on the Hardy Multi-Use Fitness Trail just 1 block away which offers a paved 2 mile path. Local hospital is only 1.3 miles away. Fenced back yard offers a secure area to store your "toys" or for kids and pets to frolic. Number of bedrooms and bathrooms is total for all residential units- 2bed/2ba main home + (2) 1bed/1bath apartments. $3500/month "estimated" gross rent is based on current rental rates at time of listing. Gross CAP rate of 10.77% (before expenses) with possible upside of greater return.
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Additional Information
- Taxes
- $4010
- Minimum Lease
- No Minimum
- Location
- City Limits, Near Public Transit, Sidewalk, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RS2
- Interior Layout
- Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
- Interior Features
- Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
- Floor
- Ceramic Tile, Vinyl, Wood
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Fireplace
- Yes
- Fireplace Description
- Living Room, Wood Burning
- Exterior Construction
- Block, Vinyl Siding, Wood Frame
- Exterior Features
- Fence, Rain Gutters, Sidewalk, Storage
- Roof
- Shingle
- Foundation
- Crawlspace
- Pool
- Private
- Pool Type
- Above Ground
- Garage Carport
- 1 Car Garage
- Garage Spaces
- 1
- Garage Features
- Covered, Open
- Elementary School
- Pasco Elementary School-Po
- Middle School
- Pasco Middle-Po
- High School
- Pasco High-PO
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 34-24-21-0080-00000-0050
- Legal Description
- FLORIDA AVENUE SUB PB 3 PG 142 LOT 5 OR 1888 PG 385
Listing courtesy of KELLER WILLIAMS REALTY NEW TAMPA. 813-994-4422
Selling Office: LPT REALTY.Mortgage Calculator
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