3011 Ernest Drive, Auburndale, FL 33823
- $780,000
- 12
- BD
- 12
- BA
- 5,236
- SqFt
- List Price
- $780,000
- Status
- Active
- Days on Market
- 67
- MLS#
- A4694414
- Property Style
- Duplex
- Year Built
- 1979
- Bedrooms
- 12
- Bathrooms
- 12
- Living Area
- 5,236
- Lot Size
- 17,476
- Acres
- 0.40
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Tropical Acres
- MLS Area Major
- Auburndale
Property Description
Exceptional opportunity to acquire a fully occupied six-unit multifamily investment consisting of 3 duplex buildings situated on approximately 0.40 acres in a high-demand growth corridor just off US-92. The property features all 2-bedroom, 2-bathroom units with newly updated interiors and new roofs, offering investors a turnkey asset with strong rental appeal and reduced near-term capital expenses. The property is fully occupied with long-term leased tenants in place, providing immediate and stable cash flow. Currently generating $6,600/month in rental income. Efficient operations with separately metered utilities, allowing tenants to pay all utilities directly and helping minimize landlord expenses. Each unit also features its own fully fenced private yard along with washer and dryer hookups, adding convenience, privacy, and increased tenant appeal. Strategically located only 1.5 miles from the US-92/FL-570 interchange with exposure to over 57,300 combined vehicles/ day, the property is surrounded by major national retailers and dining destinations including Walmart Supercenter, Lowe’s, ALDI, Publix, Chili’s, McDonald’s, and more. With 3 duplex buildings, recent capital improvements, updated interiors, long-term tenants, and a prime location in an expanding retail and residential corridor, this property presents an outstanding investment opportunity for buyers seeking stable income, low-maintenance ownership, and long-term appreciation potential.
/u.realgeeks.media/havenrealtyfl/Logo.png){kind=logo}
Additional Information
- Taxes
- $9911
- Annual Gross Income
- 79200
- Community Features
- No Deed Restriction
- Interior Layout
- Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat
- Interior Features
- Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat
- Utilities
- Sewer Connected, Water Connected
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Exterior Features
- Fence
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 25-28-09-321340-002160
- Legal Description
- TROPICAL ACRES UNIT 2 PB 69 PG 4 BLK 2 LOT 16 & 17
Listing courtesy of FLOTACAL. 941-888-0043
Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on