$200,000

14002 MORGAN STREET, Dade City, FL 33525

  • 3 beds |
  • 1 bath |
  • 784 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $255/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
June 25, 2025 at 05:00AM
Listing Office:
AUSTIN DEANE REALTY INC : 863-698-2329
Listing Agent:
Victoria King : 813-853-8548
MLS ID:
L4953809
  • General: Ceiling Fan(s)Thermostat
  • Appliances: Electric Water HeaterRefrigerator
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: Luxury Vinyl
  • A/C: Central Air
  • Heating: CentralElectric

This listing courtesy of Victoria King, AUSTIN DEANE REALTY INC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rodney B. Cox Elementary School

37615 Martin Luther King Blvd, Dade City, FL, 33523

Grades KG-5

0.95 miles away

P

Pasco Middle School

13925 14th St, Dade City, FL, 33525

Grades 6-8

0.94 miles away

P

Pasco High School

36850 State Road 52, Dade City, FL, 33525

Grades 9-12

1.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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