37631 FLORIDA AVE, Dade City, FL 33525 – T3469111

$365,000

$389,900

6.4%

Est.Price: ?

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Est. payment -/mo

4 Beds

4 Baths

2,192 SqFt

SOLD DATE : 09/22/2023

Key Details

Sold Price $365,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,192 sqft

Price per Sqft $166

Subdivision Florida Ave Sub

MLS Listing ID T3469111

Sold Date 09/22/23

Bedrooms 4

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1963

Annual Tax Amount $4,010

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 99 x142

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.

Location

State FL

County Pasco

Community Florida Ave Sub

Zoning RS2

Rooms

Other Rooms Inside Utility

Interior

Interior Features Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile, Vinyl, Wood

Fireplaces Type Living Room, Wood Burning

Furnishings Unfurnished

Fireplace true

Appliance Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator

Laundry Inside

Exterior

Exterior Feature Fence, Rain Gutters, Sidewalk, Storage

Parking Features Covered, Open

Garage Spaces 1.0

Pool Above Ground

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected

Roof Type Shingle

Porch Covered, Front Porch

Attached Garage true

Garage true

Private Pool Yes

Building

Lot Description City Limits, Near Public Transit, Sidewalk, Paved

Entry Level One

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block, Vinyl Siding, Wood Frame

New Construction false

Construction Status Inspections

Schools

Elementary Schools Pasco Elementary School-Po

Middle Schools Pasco Middle-Po

High Schools Pasco High-Po

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Membership Fee Required None

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Submit

Rosemond Noel

listwithrosemond@gmail.com +1(239) 200-3619

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by KELLER WILLIAMS REALTY NEW TAMPA
Bought with LPT REALTY

Rosemond Noel

Agent | License ID: SL3480275

+1(239) 200-3619 | listwithrosemond@gmail.com