$1,325,000
37351 Carringer Road Dade City, FL 33523
For Sale MLS# G5115278
10,000 sq ft Multi-family
Details for 37351 Carringer Road
MLS# G5115278
Description for 37351 Carringer Road, Dade City, FL, 33523
Presenting The Preserve, an established mobile home park located just north of historic Dade City, Florida, with excellent visibility and convenient access directly off US Highway 98. This income-producing investment features 11 occupied mobile homes generating immediate cash flow, along with a vacant commercial lot offering additional future potential. With an attractive 10% capitalization rate based on current income and expenses, The Preserve provides investors with the opportunity to acquire a stabilized asset while benefiting from future growth in one of Pasco County’s expanding corridors. The current owner has invested significantly in the property through major infrastructure improvements, including new septic systems, as well as thoughtful renovations to several of the homes during tenant turnover. These capital improvements help reduce future maintenance concerns while enhancing the long-term value of the property. The location is another standout feature. The property sits within the rapidly improving US 98 corridor, where the Florida Department of Transportation is investing more than $146 million in roadway widening, realignment, new intersections, sidewalks, and shared-use paths designed to improve traffic flow, accessibility, and regional connectivity between Dade City, US 301, and surrounding communities. These transportation improvements are expected to further strengthen the area’s appeal for both residents and businesses over the coming years. Listing includes 6 total parcels, for approx. 5 acres.
Listing Information
Property Type: Residential, Quadruplex
Status: Active
Lot Size: 4.57 Acres
Square Feet: 10,000 sq ft
Year Built: 1980
Stories: 1 Story
Construction: Vinyl Siding
Subdivision: Acerage
Foundation: Slab
County: Pasco
Interior Features
Doors/Windows: Blinds
Additional Interior Features: Open Floorplan, Ceiling Fan(s)
Utilities
Water: Public
Sewer: Aerobic Septic
Other Utilities: Cable Connected,Electricity Connected
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Heating: Window Unit, Wall Furnace
Exterior / Lot Features
Parking Description: driveway
Roof: Shingle
Lot View: Park/Greenbelt
Additional Exterior/Lot Features: Fence
Driving Directions
From Dade City travel north on 98, turn left onto Carringer Rd. The is signage for "The Preserve Mobile Home Park"
Financial Considerations
Terms: Cash,Conventional
Gross Income: 183900
Tax/Property ID: 21-24-15-000.0-006.00-006.0
Tax Amount: 10729
Tax Year: 2025
A broker reciprocity listing courtesy: DENIZ REALTY PARTNERS LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 37351 Carringer Road
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 37351 Carringer Road
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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