37351 CARRINGER ROAD, DADE CITY, FL 33523

Description of 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.

Property Details for 37351 CARRINGER ROAD, DADE CITY, FL 33523

Interior Features

Ceiling Fan(s), Open Floorplan, Thermostat

Heating

Wall Units / Window Unit

Cooling

Wall/Window Unit(s)

Parking Features

Driveway

Pool Private

No

Building Information for 37351 CARRINGER ROAD, DADE CITY, FL 33523

Building Area Units

Square Feet

Association

No

Pets Allowed

Yes

Property Information for 37351 CARRINGER ROAD, DADE CITY, FL 33523

Lot Size Square Feet

199,089

Waterfront

No

View

Park/Greenbelt

Construction Materials

Vinyl Siding

Roof

Shingle

Exterior Features

Fenced

Sewer

Aerobic Septic

Water Source

Public

New Construction

No

Public Records for 37351 CARRINGER ROAD, DADE CITY, FL 33523

Parcel Number

212415000.0006.00006.0

Tax Annual Amount

$10,729

Tax Year

2025

Tax Legal Description

COM AT PT WHERE SOUTH BDY OF NORTH 1/2 OF NE1/4 OF NW1/4 INTERSECTS WITH EAST BDY RW SCL TH EAST 540 FT FOR POB TH NORTH 260 FT EAST 417 FT SWLY 260 FT WEST 340 FT TO POB & COM NE COR OF NW 1/4 TH S89DEG 37'35"W 705.73 FT ALG NORTH LINE OF NW1/4 TH SOUTH 300 FT FOR POB TH SOUTH 69.29 FT TH N89DEG 37'11"E 277.58 FT TH S0DEG01'22"W 34.99 FT TH S89DEG37'11"W 397.57 FT TH NORTH 104.29 FT TH N89DEG 37'35"E 120 FT TO POB

Zoning

AR

County Or Parish

Pasco

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