Courtesy: BINGHAM REALTY INC
813-788-2759
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.
Courtesy: DENIZ REALTY PARTNERS LLC
407-704-0780
Presenting The Preserve, an established mobile home park located just north of historic Dade City, Florida, with excellent visibility and convenient access directly off US Highway 98. This income-producing investment features 11 occupied mobile homes generating immediate cash flow, along with a vacant commercial lot offering additional future potential. With an attractive 10% capitalization rate based on current income and expenses, The Preserve provides investors with the opportunity to acquire a stabilized asset while benefiting from future growth in one of Pasco County’s expanding corridors. The current owner has invested significantly in the property through major infrastructure improvements, including new septic systems, as well as thoughtful renovations to several of the homes during tenant turnover. These capital improvements help reduce future maintenance concerns while enhancing the long-term value of the property. The location is another standout feature. The property sits within the rapidly improving US 98 corridor, where the Florida Department of Transportation is investing more than $146 million in roadway widening, realignment, new intersections, sidewalks, and shared-use paths designed to improve traffic flow, accessibility, and regional connectivity between Dade City, US 301, and surrounding communities. These transportation improvements are expected to further strengthen the area’s appeal for both residents and businesses over the coming years. Listing includes 6 total parcels, for approx. 5 acres.
Dade City is located in Florida. Dade City, Florida has a population of 7,143. Dade City is less family-centric than the surrounding county with 17.67% of the households containing married families with children. The county average for households married with children is 28.35%.
The median household income in Dade City, Florida is $56,395. The median household income for the surrounding county is $58,084 compared to the national median of $69,021. The median age of people living in Dade City is 37.5 years.
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 46.7 degrees. The average rainfall is approximately 53.3 inches per year, with 0 inches of snow per year.
