Fully renovated and income-producing, this turnkey property is an exceptional investment opportunity with strong, stable cash flow. The home features brand new flooring and subflooring, fresh interior paint, a newly installed septic system and drainfield, a 2022 roof, and a 2024 water heater with most plumbing lines updated. The bathroom has been renovated, and the HVAC system was serviced in 2025, helping minimize near-term capital expenditures. The property is currently configured for co-living with seven tenants in place, generating $4,575 in monthly rent, plus an additional $100 from two storage tenants, bringing total gross monthly income to $4,675. All tenants have been thoroughly background and credit screened and are set up on digital payment platforms, providing a streamlined and reliable rent collection process. Operational efficiency is enhanced with smart locks installed on both the front entry and individual room doors. A property cleaner/onsite contact is already in place to assist with maintenance and lawn care, making this a truly hands-off investment. SELLER FINANCING IS NOT AVAILABLE. All leases are available for review upon request for qualified buyers. This is a rare opportunity to acquire a fully stabilized asset with immediate cash flow from day one. Information is believed to be accurate but not warranted. Buyer and buyer’s agent are responsible for independently verifying all property details, including but not limited to measurements, zoning, taxes, income, leases, and condition.
Property Details
- Interior
- Open Floorplan, Primary Bedroom Main Floor, Stone Counters
- Heating
- Electric
- Cooling Features
- Central Air
- Bedrooms
- 7
- Bathrooms
- 3.0
- Full Baths
- 3
- Stories
- 2
- Exterior Materials
- Private Yard, Sidewalk
- Acres
- 0.62
- Square Feet
- 2090.0
- Property Type
- Purchase
- Year Built
- 1925
- Foundation
- Block
- Roof
- Shingle
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Connected, Public
- Appliances
- Range, Refrigerator
- Subdivision
- NONE
- County
- Hernando
- Region
- BROOKSVILLE
- Zoning
- 01
- Original List Price
- $390,000
- Days on Market (Cumulative)
- 185
- Taxes Annual
- $2,990
- Ownership
- Fee Simple
- MLS #
- TB8499884
- Property Subtype
- Single Family Residence
- Parcel Number
- R21-422-19-0000-1000-0000
- MLS #
- TB8499884
- Date Listed
- April 23, 2026
- Address
- 19222 FORT DADE AVENUE
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: George Fleischmann | AveNew Realty
Provided By
Listed by Pawan Agarwal (#MFR261568217)
Listing Office: LOTUS REAL ESTATE LLC (#MFR261595256)
