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$895,000 - 37701 Camphor Drive, DADE CITY

12
Bedrooms
6
Baths
5,000
SQ. Feet
1.53
Acres

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.

Essential Information

  • MLS® #:
    TB8541784
  • Price:
    $895,000
  • Bedrooms:
    12
  • Bathrooms:
    6.00
  • Square Footage:
    5,000
  • Acres:
    1.53
  • Year Built:
    1973
  • Type:
    Residential Income
  • Sub-Type:
    Triplex
  • Status:
    Active

Community Information

  • Address:
    37701 Camphor Drive
  • Area:
    Dade City/Richland
  • Subdivision:
    MILLS ESTATE
  • City:
    DADE CITY
  • County:
    Pasco
  • State:
    FL
  • Zip Code:
    33525-5322

Interior

  • Interior Features:
    Ceiling Fan(s), Kitchen/Family Room Combo
  • Heating:
    Central
  • Cooling:
    Central Air

Exterior

  • Exterior Features:
    Courtyard, Sidewalk
  • Roof:
    Shingle
  • Foundation:
    Slab

Additional Information

  • Days on Market:
    3
  • Zoning:
    R3

Listing Details

  • Listing Office:
    Bingham Realty Inc

Listing information courtesy of Bingham Realty Inc.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on August 28th, 2026 at 9:39am EDT.