Drake Estates
Homes for Sale in Dade City, FL
All 352 homes for sale in Dade City, FL · median $397,500 · 255 homes for sale in 33525 · Pasco County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 3 closed sales in Drake Estates Sub in Dade City, FL since 2022, the most recent in April 2026. Across Dade City as a whole, 340 homes closed in the last 12 months at a median of $353,820, 51 median days on market, with 150 homes for sale today. At that median and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $5,720 ($5,060 with the full homestead exemption).
There is no active pricing data surfacing for Drake Estates in the current MLS feed, which itself tells you something: this is a low-volume corner of the Dade City market rather than a community with a steady, trackable resale rhythm. When listings are this thin, pricing gets set deal by deal, based on the specific lot and condition of whatever comes up, not by a running comparable set.
For a buyer, that means doing your own legwork on recent sales in the surrounding Dade City area rather than leaning on a community-level trend line. For a seller, it means your listing may function as the market-setter for the neighborhood rather than following one, which puts more weight on how the home is priced and presented at launch.
Nearby homes for sale
No active listings inside Drake EstatesHomes for Sale in Dade City, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Drake Estates sits in Dade City, Pasco County, an area typically valued for its distance from denser coastal development rather than for a defined roster of in-community amenities.
Stellar MLS sales records identify 6 homes in Drake Estates that have changed hands since 2021, built between 2019 and 2022 (median 2020), with a median living area of about 2,953 sq ft and a typical 4-bedroom, 2.5-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Drake Estates is best for.
Best for
- A buyer targeting a specific lot or home in the Dade City area rather than shopping a defined subdivision inventory
- A seller comfortable setting price through direct comparables rather than an established neighborhood trend
- A buyer who wants distance from denser development and is not relying on in-community amenities
Probably not for
- A buyer who wants to compare multiple active listings within the same subdivision before deciding
- A buyer expecting a defined slate of community amenities as part of the purchase
- A seller expecting a fast, data-backed comparable-driven pricing process
The market around Drake Estates
Drake Estates is too small for its own price trend, so here is the market around it.
In ZIP 33525, 325 homes are on the market and 23% are under contract — a steady corner of Dade City.
Across Pasco County, 4,382 homes are active and 1,285 pending (23% under contract).
In ZIP 33525 (Dade City), 773 homes closed in the last 12 months at a median of $354K ($175/sq ft), down 2.9% year over year, with a median 49 days on market. Right now 191 active and 59 pending listings put supply at about 6.8 months — a buyer's market. See the live ZIP 33525 housing market and the Pasco County market.
ZIP and county figures describe the wider market, not Drake Estates specifically. Momentum Research analysis of MLS records.
Recent Developments in Drake Estates
Development, infrastructure, retail, and school activity affecting Drake Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
Pomelo Square mixed-use community advances in Wesley Chapel
Ryan Cos. and PulteGroup are advancing Pomelo Square, a mixed use development at the northeast corner of Old Pasco Road and Overpass Road in Wesley Chapel. Plans call for 415 residential units made up of 325 apartments and 90 townhomes, about 42,000 square feet of retail, and a hotel pad. Completion is targeted for the first quarter of 2028.
What it may mean for the marketAdds a mixed use community of apartments and townhomes with retail space and a hotel pad, expanding housing and commercial supply in a growing Pasco County corridor. The project is about 9 miles southeast of Drake Estates, elsewhere in Pasco County.
Source: Florida YIMBY - April 2026Development
New mixed-use development planned on State Road 52 in central Pasco
A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.
What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The site is about 7 miles southwest of Drake Estates.
Source: Tampa Bay Times - January 2026Development
Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco
Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.
What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 9 miles southwest of Drake Estates.
Source: WUSF - January 2026Development
Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel
Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.
What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The project is about 13 miles south of Drake Estates, elsewhere in Pasco County.
Source: HCO News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Drake Estates buying strategy.
If we were buying in Drake Estates today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Drake Estates.
A Community With Thin Data
The current MLS snapshot does not identify community amenities for Drake Estates, and there is no active listing volume feeding a reliable price or day-on-market pattern. That is common in smaller or lower-turnover subdivisions in Pasco County, where a handful of parcels can go years without changing hands.
This is not a community to evaluate off a dashboard. Anyone seriously considering it should treat it as a direct-diligence purchase or listing: pull recent Dade City-area comparables, walk the specific lot, and confirm any amenity or association details directly rather than assuming a standard subdivision package.
The location and the amenities are priced into every listing in Drake Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with this little live MLS data, the value of a broker is in the legwork the feed cannot do for you: sourcing off-market and recently closed comparables in Dade City, verifying what is actually included with a given lot, and pricing or negotiating from real ground-truth rather than an average that does not exist yet.
Drake Estates in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $38/month (about $456/yr) · median of 14 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $38 per month ($456 a year) — the median AssociationFee across 14 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Drake Estates buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Drake Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Drake Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Drake Estates home worth?
Get a no-obligation home value based on real comparable sales in Drake Estates, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Dade City →
Should you buy in Drake Estates?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 19, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2022 (3 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Drake Estates fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Drake Estates
Where is Drake Estates?
Drake Estates is a community in Dade City, Pasco County, Florida, ZIP 33525.
Are there homes for sale in Drake Estates right now?
No active listings inside Drake Estates at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Drake Estates have an HOA or CDD?
No HOA is on record for Drake Estates in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
More Dade City & Tampa North / Pasco County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa North / Pasco County or the full Neighborhood Finder.
Nearby Communities
Explore more neighborhoods near Drake Estates with Momentum Realty’s local guides.
Drake Estates Sub Market Scorecard
Drake Estates Sub is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 33525 ZIP is $347,891, right around the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.