37701 Camphor Drive, Dade City, FL 33525
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: william bingham
Office: bingham realty inc
MLS#:TB8541784
Source:MFRMLS
Price summary
- Price:$850,000
- Price per sq. ft.:$170
About this home
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....
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Home facts
- Year built:1973
- Subdivision & Development:MILLS ESTATE
- Listing ID #:TB8541784
- Added:70 day(s) ago
- Updated:November 03, 2026 at 04:53 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Kitchen Description:Kitchen/Family Room Combo
- Living area:5,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1973
- Building area:5,000 sq. ft.
- Lot area:1.53 Acres
- Construction Materials:Block
- Exterior Features:Courtyard, Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Septic Tank
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$170
- Tax amount:$9,112 (2025)
Features and amenities
- Laundry features:In Common Area
- Amenities:Cable Connected, Ceiling Fans(s), Kitchen/Family Room Combo
- Pool features:Public Pool
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