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14002 MORGAN STREET, Dade City, FL, 33525 | $200,000
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.
Features
- Rooms: 6
- Bedrooms: 3
- Baths: 1 full
- Laundry: Electric Dryer Hookup, Washer Hookup
- Year Built: 1962
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 784
- Acreage: 0.16
- Est. Taxes: $1,348
- Lot Desc: Level
- View: Trees/Woods, Water
- Elem. School: Pasco Elementary School-PO
- Middle School: Centennial Middle-PO
- High School: Pasco High-PO
- Appliances: Electric Water Heater, Refrigerator
- MLS#: L4953809
- Days on Market: 175 days
- Website: https://www.raveis.com
/prop/L4953809/14002morganstreet_dadecity_fl?source=qrflyer
Listing courtesy of AUSTIN DEANE REALTY INC Phone: 863-698-2329
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
14002 MORGAN STREET, Dade City, FL, 33525
$200,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $160,000 | $160,000 | $160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.178% | 5.541% |
| Monthly Tax Payment | $112 | $112 | $112 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $908 | $959 | $1,286 |
| Total Monthly Payment | $1,095 | $1,146 | $1,473 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388