Active

$200,000

Features:
  • 3 Bedrooms
  • 1 Bathrooms
  • 784 sq ft
Overview
  • ID: MFRL4953809
  • Bedrooms: 3
  • Bathrooms: 1
  • Size: 784 sq ft
Property Details
Remarks
Investment Opportunity in Dade City! Fully Renovated 3 Bed, 1 Bath Home with Current Tenant! For the investor seeking immediate cash flow and a turn-key property, look no further! This recently renovated 3-bedroom, 1-bathroom home at 14002 Morgan St in Dade City, FL, presents an exceptional opportunity to expand your portfolio. Key Features: Tenant Occupied until May 2026: Enjoy instant rental income from day one. The current lease is in place, providing a stable revenue stream and removing the hassle of finding new tenants immediately. Recently Renovated: This home boasts fresh updates throughout, minimizing the need for immediate capital expenditures. Move-in ready for future tenants. Includes stainless steel appliances (refrigerator with freezer, stove with oven) 3 Bedrooms, 1 Bathroom: A highly desirable configuration for families and individuals, ensuring consistent rental demand. Prime Dade City Location: Situated in a growing area, this property benefits from Dade City's increasing appeal. The median sold price in Dade City was $349,978 in May 2025, showing a positive trend. Excellent Investment Potential: With a strong existing lease and recent renovations, this property offers a solid return on investment and potential for future appreciation in the thriving Dade City market. Owning a tenant-occupied property in Florida offers numerous advantages, including: Immediate Cash Flow: Begin generating income from the moment you close. Reduced Vacancy Risk: No need to market the property or undergo tenant screening processes, as a reliable tenant is already in place. Future Appreciation: Dade City's real estate market continues to show growth, offering the potential for increased property value over time. Important Note for Buyers: As this property is tenant-occupied, the existing lease will transfer to the new owner. Florida law requires the new landlord to honor the terms of the current lease until its expiration in May 2026. This means the buyer will assume the role of landlord upon closing. Don't miss out on this fantastic opportunity to acquire a well-maintained, income-generating asset in Dade City. Contact us today for more information and to discuss viewing options, respecting tenant privacy. ** The owner is willing to consider owner financing for qualified buyers, offering a flexible alternative to traditional mortgage lending.
Financial Considerations
Price:
$200,000
HOA Fee:
N/A
Tax Amount:
$1347.62
Price per SqFt:
$255.1
Tax Legal Description:
CORRECTED PLAT OF EAST LAKE PARK PB 7 PG 69 S1/2 OF LOT 83 & ALL OF LOT 84 OR 9529 PG 3800
Exterior Features
Lot Size:
6750
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
1
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Electric Water Heater, Refrigerator
Furnished:
No
Floor:
Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1962
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    14002 MORGAN ST
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