Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    000 PALOMINO LAKES DR Dade City, FL 33523

    View on Map
    For Sale
    $224,000

    Land - DADE CITY, FL

    Lot size:
    5.00 Acres
    Added:
    Mar 26, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 2 at 1:06 am

    Property Features for 000 PALOMINO LAKES DR

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AC
    Standard status
    Active
    APN
    07-24-20-0000-00800-0270
    Lot size
    5.00 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    1516

    Utilities

    Water front features
    Lake Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Hadeel Elsheshaiy

    Listing agent Hadeel Elsheshaiy License #3311152

    Listing office PINEYWOODS REALTY LLC 701 Harbour Post Dr, Tampa, FL

    Listing date Mar 26, 2026

    MLS# TB8490885 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    5-Acre Homesite with Lake

    This 5-acre homesite, located in the Dade City area of Pasco County, offers an ideal setting for a dream home. The property includes a lake, providing both privacy and convenience. There is ample space for horses, livestock, RVs, boats, and other outdoor gear. The property has no HOA and no CDD fees. Commuting is facilitated by proximity to I-75, providing access to Tampa, Wesley Chapel, and surrounding areas. The location is approximately one hour from Disney, Tampa International Airport, Gulf Coast beaches, major sports venues, shopping, dining, and entertainment. The lot is marked with a sign indicating Lot#1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Dade City
    County
    Pasco
    State
    Florida
    Longitude
    -82.1963
    Latitude
    28.3653

    Nearby Similar for Sale

    • $750,000
      2,060 SF

      Turnkey Bar with Commercial Land

      Established bar with real estate and expansion potential.
      5025 TREIMAN BOULEVARD, DADE CITY, FL 33523
      View Details
    • $599,000
      3,200 SF

      Turnkey 4-Plex Investment Property

      High cash-flow 4-unit property with mixed rental strategy.
      13921 19TH STREET, DADE CITY, FL 33525
      View Details
    • $495,800
      4,808 SF

      Dade City Multi-Family Investment

      8-unit mobile home park with high occupancy and seller financing.
      20510 US HIGHWAY 98, DADE CITY, FL 33523
      View Details
    • $495,800
      4,808 SF

      DADE CITY Multi-Family Investment

      8-unit mobile home park with high occupancy and seller financing.
      20510 US HIGHWAY 98, DADE CITY, FL 33523
      View Details
    • $2,699,000
      2,928 SF

      Turn-Key Automotive Dealership Opportunity

      Legacy-owned automotive dealership with excellent exposure and commercial zoning.
      13815 21ST STREET, DADE CITY, FL 33525
      View Details
    • $300,000
      1,456 SF

      Duplex in Ridge Manor

      Duplex with separately metered utilities and renovated units.
      34814 & 34816 EVERGREEN WAY, DADE CITY, FL 33523
      View Details
    • $1,000,000
      1,152 SF

      Dade City Mixed-Use Acreage

      4.75 acres in Dade City with commercial and residential zoning.
      10351 US HIGHWAY 301, DADE CITY, FL 33525
      View Details
    • $249,000

      Dade City Commercial Land Opportunity

      1.21-acre commercial land parcel on US Highway 301.
      18376 US HWY 301, DADE CITY, FL 33523
      View Details
    • $799,000

      Dade City Buildable Acreage Opportunity

      14.41 acres of buildable land in Dade City, Florida.
      14815 SHERROD CROFT LANE, DADE CITY, FL 33525
      View Details
    • $420,000

      Dade City Acreage Homesite Opportunity

      8 acres in Dade City ready for your dream home.
      10010 Fort King Road, Dade City, FL 33525
      View Details
    • $4,995,000

      26-Acre Land Tract in Dade City

      26.06 acres with potential for development near future US98.
      BUR MAC ROAD, DADE CITY, FL 33525
      View Details
    • $7,995,000
      5,500 SF

      Equestrian Estate with Barn

      267-acre equestrian estate in Dade City, Florida.
      36225 Covington Road, Dade City, FL 33525
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Exceptional 5-acre homesite with lake in Dade City area.
    Where is this residential land & home lot located?
    The property is located at 000 PALOMINO LAKES DR Dade City, FL.
    What is the asking price?
    The asking price for this property is $224,000.
    What are key features of this property?
    This property features: 5‑acre homesite with lake in Dade City area.; No HOA or CDD fees, offering design and build freedom.; Ample space for horses, livestock, RVs, and boats.
    (813) 735-0599
    We can help!
    Listing Contact
    Hadeel Elsheshaiy
    Real Estate License ID: 3311152
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!