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… Read More 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, above range microwave, and dishwasher) 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. Read Less
Courtesy of AUSTIN DEANE REALTY INC 863-698-2329
Listing Snapshot
Days Online
0
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
784
Lot Size
0.15 Acres
Year Built
1962
MLS Number
L4953809
30 Days Snapshot Of 33525
$404k
0%
(avg) sold price
56
+36%
homes sold
49
-43%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 72.84, Room Count: 6, Building Area Total: 1196, Building Area Units: Square Feet, Construction Materials: "Block", Direction Faces: West, Levels: "One", Living Area: 784, Stories Total: 1, Year Built: 1962
Lot
Lot Size Square Meters: 627, Total Acreage: 0 to less than 1/4, 0.16 acres, 6750 square feet
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