#TB8391497, Greg DeLaRue, Listing office: ELITE BROKERS, LLC
14002 Morgan St Dade City, FL 33525
Property details
About 14002 Morgan St
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. ** The owner is willing to consider owner financing for qualified buyers, offering a flexible alternative to traditional mortgage lending.
Highlights
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Electric Water Heater, Refrigerator
- Flooring Type: Luxury Vinyl
- Interior: Ceiling Fans(s), Thermostat
- Total Bedroom Count: 3
- Private Pool: No
- Exterior: Lighting, Private Mailbox
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $200,000
- Price/SqFt: $255
- HOA Amount: $0
- Annual Tax Amount: $1,242
- Tax Year: 2023
- Directions: Follow US-301 N to Tuskeegee Ave in Dade City. Take Ferguson Ave to Morgan St. 14002 Morgan will be on your left.
- Year Built: 1962
- Stories: 1
- Living Area: 784 SqFt
- Lot Size: 0.16 Acres
- MLS Number: L4953809
- MLS Name: MFRMLS
- Office Name: AUSTIN DEANE REALTY INC
- Office Phone: (863) 698-2329
- Listing Agent: Victoria King
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 21, 2017 | Home Sold | $42,500 |
Apr 04, 2017 | Home Sold | $30,000 |
Apr 07, 2016 | Home Sold | $23,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $58,730 | $1,242 |
2022 | $53,182 | $1,080 |
2021 | $35,913 | $928 |
2019 | $31,472 | $849 |
2018 | $30,832 | $829 |
2017 | $25,224 | $706 |
History based on county public records data.
Nearby schools
2
Rodney B. Cox Elementary School
Public District KG-5
0.9 mi
•37615 Martin Luther King Blvd
1
Pasco Elementary School
Public District KG-5
1.0 mi
•37350 Florida Ave
3
Centennial Elementary School
Public District PK-5
3.9 mi
•38501 Centennial Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,125. Most Dade City, FL residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 14002 Morgan St
The listing price of 14002 Morgan St property is $200,000.
The property 14002 Morgan St is a house located in Dade City, Florida, 33525.
Active Listing: 14002 Morgan St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 14002 Morgan St are: Rodney B. Cox Elementary School (GreatSchools Rating 2/10), Pasco Elementary School (GreatSchools Rating 1/10), Centennial Elementary School (GreatSchools Rating 3/10), Pasco Middle School (GreatSchools Rating 2/10), Centennial Middle School (GreatSchools Rating 2/10), Academy at the Farm (GreatSchools Rating 9/10), Pasco High School (GreatSchools Rating 3/10), James Irvin Education Center (GreatSchools Rating 1/10), Zephyrhills High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $1,242 (source: MLS/based on county public records data).
The last sale was on April 21, 2017 for $42,500 (source: MLS/tax record).
The property at 14002 Morgan St has 3 bedrooms and 1 bathroom.
The property 14002 Morgan St is 784 SqFt (source: MLS/tax record).
The year of construction for 14002 Morgan St is 1962.
This home is located at 14002 Morgan St in Dade City, FL and zip code 33525. This 784 square foot home, which was built in 1962, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $200,000.
While more than 6 listings in Dade City, FL in June 2025 were sold above asking price, there were more than 14 listings sold at asking price, and more than 28 were sold below. The number of listings in Dade City, FL decreased by 0.6% between May and June 2025. Listings spent 60 days on the market in June 2025, and had a median list price of $349,990 during the same period.