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    The Largest CRE Database in the US with Over 1 Million Listings

    39005 State Road 575 Dade City, FL 33523

    Sponsored
    For Sale
    $439,900

    Elevated, Farm - DADE CITY, FL

    Type:Farm
    Property size:
    2,010 SF
    Lot size:
    9.20 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 23 at 2:06 pm

    Property Features for 39005 State Road 575

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    AR
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room
    Bedrooms
    3
    Bathrooms
    5
    APN
    24-23-21-0000-00200-0060
    Parking features
    Carport
    Pets allowed
    Yes
    Interior features
    Ceiling Fans(s)
    Exterior features
    Unpaved, Fencing, French Doors
    Fencing
    Fenced
    Appliances
    Range, Refrigerator
    Size
    2,010 SF
    Lot size
    9.20 Acres

    Utilities

    Heating system
    Central, Ductless (Heating), Electric (Heating)
    Cooling system
    Central Air
    Water front features
    River Front, Waterfront
    Water front
    1

    Building Details

    Year built
    1980
    Flooring type
    Carpet, Tile, Wood
    Building materials
    Frame
    Roof type
    Metal, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Melissa Lebron
    Melissa Lebron

    RE/MAX Premier Realty (352) 753-2029

    Listing agent Melissa Lebron (352) 732-3222 License #3148954

    Listing date Jan 19, 2026

    MLS# OM709999 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.

    Learn more

    Property Insight Report

    Overview

    Riverfront Property with Two Residences

    This 9.20-acre riverfront property is located along the Withlacoochee River and offers potential as a private retreat, farm, or future short-term rental. The property includes two residences: a main home with 2 bedrooms and 2.5 bathrooms, and a guest house with 1 bedroom and 1 bathroom. The main home features a large bar area, a screened porch overlooking the river, a spiral staircase to the second floor, and a custom Jack & Jill bathroom serving both bedrooms. The guest house also includes a screened porch with riverfront views. The property is fenced and cross-fenced, suitable for horses or livestock, and includes two wells. A detached 20’ x 40’ garage provides workshop and storage space. The property is located less than 15 minutes from thousands of acres of state forest and approximately one hour from Orlando attractions or Tampa International Airport. The zoning is AR. The property size is 2010 Square Feet. The property is located in DADE CITY, FL 33523.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Pharmacy Kitchen & Bath HVAC Service Garden Center Electrical Service Convenience Store Plumbing Service Italian Restaurant Adult Day Care Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dade City
    County
    Pasco
    State
    Florida
    Longitude
    -82.163771
    Latitude
    28.476518

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    FAQs

    What type of property is this?
    Farm - 9.2-acre riverfront property with two residences and farm potential.
    Where is this farm located?
    The property is located at 39005 State Road 575 Dade City, FL.
    What is the asking price?
    The asking price for this property is $439,900.
    What are key features of this property?
    This property features: - Rare 9.20-acre riverfront property on the Withlacoochee River with potential for private retreat, farm, or short-term rental.; - Includes two residences with riverfront views: a **2-bedroom, 2.5-bath main home** and a 1-bedroom, 1-bath guest house.; - Fenced and cross-fenced property suitable for horses or livestock with two wells.
    (352) 789-6746
    Request Owner's contact information
    39005 State Road 575 Dade City, FL 33523
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    Dade City, FL 33523
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    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
    39005 State Road 575 Dade City, FL 33523
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    We can help!
    Listing Contact
    Melissa Lebron
    Melissa Lebron
    Real Estate License ID: 3148954
    (352) 789-6746
    Learn more
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