37701 Camphor Drive Dade City, FL 33525
Listing Courtesy of: MLS LogoSTELLAR as distributed by MLS GRID / Listed By: William Bingham, Bingham Realty, ERA Powered - Contact:  813-788-2759

  37701 Camphor Drive Dade City, FL 33525

Active (4 Days)
$895,000 (USD)
12
BED
6
BATH
5,000
SQFT

Description

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.

MLS #:
TB8541784
Taxes
$9,112(2025)
Lot Size
1.53 acres
Type
Multifamily
Year Built
1973
County
Pasco County

Listed By

William Bingham, Bingham Realty, ERA Powered, Contact: 813-788-2759
Source
STELLAR
Last checked Aug 29 2026 at 3:40 AM GMT+0000
Bathroom Details
Interior Features
  • Kitchen/Family Room Combo
  • Ceiling Fans(s)
Subdivision
  • Mills Estate
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Central Air
Exterior Features
  • Block
  • Roof: Shingle
Utility Information
  • Utilities: Cable Connected, Water Connected, Water Source: Public, Electricity Connected
  • Sewer: Septic Tank
Living Area
  • 5,000 sqft
Additional Information: Bingham Realty, ERA Powered | 813-788-2759
Location
   
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 8/28/26 20:40
Based on information submitted to the MLS GRID as of 8/29/2026 03:40. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.