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37701 CAMPHOR DRIVE

Multi-family For Sale
$895,000

BTC: 11.18750000

ETH: 372.91666667

New
12 bds
5,000 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1973
Lot:
1.53 Acres
Heating:
Central
Price/sqft:
$179
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$9,111
2025
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    Bedrooms and bathrooms

    • Bedrooms: 12

  • Property

    • Exterior Features: Courtyard / Sidewalk

    Lot

    • Lot: 1.53 Acres

    Other Property Information

    • Parcel Number: 212434022.0005.00004.0

    • Zoning: R3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,112

  • Source details

    • MLS ID: TB8541784

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Common Area

    • Living Area: 5000

    • Water Source: Public

    • Lot Size Dimensions: 150 x 445

    • Subdivision Name: MILLS ESTATE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BINGHAM REALTY INC