3011 ERNEST DR, Auburndale, FL 33823
3011 ERNEST DR, Auburndale, FL 33823
3011 ERNEST DR, Auburndale, FL 33823
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$780,000
Est. payment /mo
12 Beds
12 Baths
5,236 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,236 sqft

Price per Sqft $148

Subdivision Tropical Acres

MLS Listing ID A4694414

Bedrooms 12

HOA Y/N No

Year Built 1979

Annual Tax Amount $9,911

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 177x100

Property Sub-Type Duplex

Source Stellar MLS

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.

Location

State FL

County Polk

Community Tropical Acres

Area 33823 - Auburndale

Interior

Interior Features Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat

Heating Electric

Cooling Central Air

Fireplace false

Laundry Electric Dryer Hookup, Outside, Washer Hookup

Exterior

Exterior Feature Fence

Utilities Available Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4694414


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Stellar MLS
Listed by Jonathan Pergerson FLOTACAL

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