14002 MORGAN ST, DADE CITY, FL, 33525
$200,000
Residential
Bedrooms
3
Bathrooms
1
Living Area
784 Sqft
Lot Size
6,750 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRL4953809 Year Built: 1962
Appliances: Electric Water Heater, Refrigerator Construction Materials: Block
Cooling: Central Air Country: US
County Or Parish: Pasco Direction Faces: West
Exterior Features: Lighting, Private Mailbox Fencing: Fenced
Flooring: Luxury Vinyl Foundation Details: Concrete Perimeter
Heating: Central, Electric Laundry Features: Electric Dryer Hookup, Washer Hookup
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, Private Financing Available Lot Features: Level
Occupant Type: Tenant Patio And Porch Features: Front Porch
Possession: Close Of Escrow Property Condition: Completed
Property Sub Type: Single Family Residence Property Type: Residential
Road Responsibility: Public Maintained Road Road Surface Type: Paved
Roof: Metal Sewer: Public Sewer
Showing Requirements: Appointment Only, Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Public View: Trees/Woods, Water
Water Source: Public
Rooms Rooms
Kitchen: Bathroom 1:
Living Room: Primary Bedroom:
Bedroom 2: Bedroom 3:
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