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37540 Martin Luther King Blvd 37540 Martin Luther King Blvd 4 Unit Apartment Building $600,000 ($150,000/Unit) Dade City, FL 33523
EXECUTIVE SUMMARY
This fully occupied four-unit investment property offers a strong income opportunity with consistent tenancy. Each unit features a functional two-bedroom, one-bath layout and spans approximately 785 square feet, providing comfortable living space for residents. The property underwent a comprehensive remodel in 2019, including upgrades such as a durable metal roof, modern HVAC systems, and new water heaters, ensuring long-term efficiency and reduced maintenance costs. Connected to city water and city septic services, the property delivers reliable utilities and convenience for both owner and tenants. With its updated infrastructure and stable occupancy, this asset represents a turnkey investment in a desirable residential setting.
PROPERTY FACTS
| Price | $600,000 | Building Class | C |
| Price Per Unit | $150,000 | Lot Size | 0.41 AC |
| Sale Type | Investment | Building Size | 3,332 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1978/2019 |
| Property Subtype | Apartment | ||
| Zoning | RG1 - Use Code: 8 (Multi-family - Less Than 10 Units) | ||
| Price | $600,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 3,332 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1978/2019 |
| Zoning | RG1 - Use Code: 8 (Multi-family - Less Than 10 Units) |
AMENITIES
UNIT AMENITIES
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 750 |
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 27-24-21-0060-00200-0020 | Improvements Assessment | $319,195 |
| Land Assessment | $74,513 | Total Assessment | $393,708 |
PROPERTY TAXES
Parcel Number
27-24-21-0060-00200-0020
Land Assessment
$74,513
Improvements Assessment
$319,195
Total Assessment
$393,708
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37540 Martin Luther King Blvd | 37540 Martin Luther King Blvd
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