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37202 Majestic Oak Court, Dade City, FL 33525
$3,000,000
37202 Majestic Oak Court, Dade City, FL 33525View this property at 37202 Majestic Oak Court, Dade City, FL 33525
37202 Majestic Oak CourtDade CityFL33525
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Property Description
A++ PRISTINE ASSET is the FLAGSHIP APARTMENT COMPLEX in Dade City. The 21 Unit Majestic Oak Court Apartments is an EXTREMELY WELL MANAGED - WELL MAINTAINED property. COMPLETELY TURN KEY, 100% OCCUPIED complete with TENANT WAITING LIST. 6.0% Cap rate. ALL 21 UNITS HAVE BEEN COMPLETELY REMODELED with HD Vinyl wood flooring throughout all living areas, tile in kitchen & baths, and granite counters. Property consists of twenty (20) 2 bedroom townhomes with 896sf and 1-1/2 baths, (1) 1 bedroom townhome with 672sf and 1 bath. THOUGHTFUL TENANT AMENITIES provided: UPGRADED LAUNDRY FACILITY, COMMERCIAL GRADE PLAYGROUND evokes a sense of community for the residents. Vinyl fencing throughout creates PRIVACY AND SECURITY. LARGE OPEN PARKING with 21 ASSIGNED PARKING SPOTS as well as 10 GUEST SPOTS. This attention to tenant needs has created dependable LONG-TERM TENANTS. Individually metered for water/sewer/electric, concrete block construction and newer roof and 100% remodeled are just a few of the Value-Added items increasing the value to the investment. Only 7 minutes to Saint Leo University, 1 mile to vibrant downtown Dade City. The current management company is willing to continue managing the complex making for an easy transition to new owners. Current 2021 & 2022 Pro Forma available to qualified parties. Property located in Dade City, within Pasco County.
Full Property Details
Full Property Details for 37202 Majestic Oak Ct
General
- Sold For: $3,000,000
- Taxes: $19,011 (2020)
- Status: Closed
- Type: Multi-Family
- MLS ID: O5957844
- Added to Site: 1, 014 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Kitchen and Family Room Combination, Thermostat
- Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Vinyl
Rooms
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Gated, Laundry, Playground, Security
- Security/Safety: Closed Circuit Camera(s), Fire Alarm, Gated Community, Key Card Entry, Security Gate, Security Lights
Exterior
- Exterior Features: Sidewalk
Parking
- Parking Features: Assigned, Common, Guest, Open
Location
- Area: 33525 - Dade City/Richland
- County: Pasco
- Development Name: 33525 - Dade City/Richland
- Subdivision: ACREAGE CODE DCCTLP-DCCTLP1
- Driving Directions: From Tampa: 275 north to Dade city exit. Right on Route 52 for 14 approx miles. As you pass the high school on right bear right onto Coleman Ave. Drive 1/2 mile to Fort king road, make a left. Next street will be 17th street. From Orlando: FL-408 W. Take FL-50 W and US-301 S to State Hwy 578/Lock St in Dade City, Take 14th St and 17th St to Majestic Oak Ct in Dade City
School Information
- Elementary School: Pasco Elementary School-PO
- Middle School: Pasco Middle-PO
- High School: Pasco High-PO
Community
- Community Name: 33525 - Dade City/Richland
- Optional Amenities: Gated, Laundry, Playground, Security
- Number of Pets: 1
- Pet Restrictions: Breed Restictions
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Phone Available, Public, Water - Multiple Meters
Structural Information
- # Buildings: 2
- Description/Design: Mid Rise
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 18,592
- Sq. Ft. Source: Public Records
- Living Area: 18,592 Sq. Ft.
- Year Built: 1981
Lot Features
- Lot Size (Acres): 1.08
- Lot Size (Sq. Ft.): 46,937
- Lot Dimensions: 285 x 246 x 350 app x
- Street/Road Desc.: Asphalt
- Rcmdd Zoning: ORS3
Financial Considerations
- Tax Amount: $19,011
- Tax Year: 2020
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG NE COR SW1/4 OF NW1/4 TH WEST 350.00 FT TH SOUTH 300.00 FT TO CENTER DADE CITY SAN ANTONIO RD TH NELY ALG CENTER OF SAID RD TO POB LESS NORTH 25.00 FT THEREOF & LESS RD R/W FORT KING & COM NE COR OF SW1/4 OF NW1/4 TH S89DEG 48' 30"W 65.86 FT TO W LY R/W FORT KING HWY TH ALG ARC OF CURVE CONCAVE WLY 25.17 FT CHD BRG S06DEG 44'12"W 25.17 FT RAD 1854.86(Q1) FT TH CONT ALG SAID ARC CHD BRG S07DEG 14' 02"W 6.50 FT TO ITS INTERSEC- TION WITH NLY BDY OLD SAN ANTONIO RD FOR POB TH CONT ALG ARC CV CHD BRG S07DEG 14'02"W 0.16 FT TO PRC TH ALG REVERSE CURVE CHD BRG S06DEG 29'18"W 59.16 FT ARC DISTANC
- Flood Zone Info: X
- APN: 34-24-21-0000-09600-0000
- Property ID: 34-24-21-0000-09600-0000
- Block/Lot/Section: 9600
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Schools
Schools serving 37202 Majestic Oak Ct
School District:Pasco County School District
Rating | Name | Grades | Distance |
---|---|---|---|
37350 Florida Ave, Dade City, FL 33525 | PK-5 | 0.3 mi | |
13925 14th St, Dade City, FL 33525 | 6-8 | 0.3 mi | |
36850 State Road 52, Dade City, FL 33525 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 37202 Majestic Oak Ct
Date
Details
Price
Change
Source
2/04/2022
Sold
$3,000,000
-6.25%
MLS
7/17/2021
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
37202 Majestic Oak Court, Dade City, FL 33525 (MLS# O5957844) is a Multi-Family property that was sold at $3,000,000 on February 04, 2022. Want to learn more about 37202 Majestic Oak Court? Do you have questions about finding other Multi-Family real estate for sale in Dade City? You can browse all Dade City real estate or contact a Coldwell Banker agent to request more information.