About 37351 Carringer Road
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.
Features of 37351 Carringer Road
| MLS® # | G5115278 |
|---|---|
| Price | $1,325,000 |
| Square Footage | 10,000 |
| Acres | 4.57 |
| Year Built | 1980 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Listing Details
| Office | DENIZ REALTY PARTNERS LLC |
|---|
Listing Map
Neighborhood Information for 37351 Carringer Road
Stable Population, Low Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Rodney B. Cox Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
2 Miles | |
|
|
Adult Satellite East Public - Adult - Other to Adult - Other |
3 Miles | |
|
Pasco Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
3 Miles | |
|
Pasco Elementary School Public - Preschool to 5Th Grade |
3 Miles | |
|
Pasco High School Public - 9Th Grade to 12Th Grade - Closest High School |
4 Miles | |
|
|
Pasco High Adult Education Public - Adult - Other to Adult - Other |
4 Miles | |
|
|
Lacoochee Elementary School Public - Preschool to 5Th Grade |
4 Miles |
School data provided by GreatSchools