1510 DERBY AVE Active Save Request In-Person Tour Request Virtual Tour
Auburndale,FL 33823
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $126
Subdivision Auburn Mobile Park
MLS Listing ID P4936118
Bedrooms 6
Full Baths 3
Year Built 1947
Annual Tax Amount $2,866
Lot Size 0.810 Acres
Property Sub-Type Single Family Residence
Property Description
IF YOU'RE A SAVVY INVESTOR, look no further! Excellent INVESTMENT opportunity! THREE HOMES FOR THE PRICE OF ONE! 2 RENOVATED rental homes with the potential of a 3rd home. Unlock incredible potential with this rare multi-property opportunity in Auburndale, FL! Includes a total of THREE single-family homes (a 1BR/1BA - located in the front left of the lot, a 2BR/1BA - located in the front right of the lot, and 3 BR/1BA - located towards the rear of the lot). 2 out of 3 homes have been FULLY RENOVATED with NEW AC mini-splits, NEW ROOF, new vinyl siding, new septic tank, drain fields and tankless water heaters. The 3/1 property is leased for $1,250 month/month. The 1/1 property is vacant and available for lease $1,000/month as of October, 2025. The 2/1 property is vacant/needs TLC, and may be rebuilt with a "renovation" permit. Very generous sized lot with ample parking spaces for each house, plus possible storage available. Seller can provide financing up to 70% of the sale amount on this property. Should you desire MORE cash flow, the adjacent property is also available for sale. The parcel includes a commercial building with front business space and two 1 bedroom apartments in the rear, all recently renovated as well. Current rents/price = over 11% return! With far higher future potential! NO HOA! Potential to live in one, and rent the rest! With its prime location just minutes from downtown Auburndale, scenic lakes, restaurants, and shopping, this property offers endless possibilities for investors, developers, or visionaries looking to capitalize on the area's growth. Live in one and rent the other two. Seller financing and private financing available. Don't miss your chance, this one won't last!
Location
State FL
County Polk
Community Auburn Mobile Park
Area 33823 - Auburndale
Zoning R-4
Interior
Heating Central,Electric
Cooling Central Air
Flooring Laminate,Other,Tile
Laundry Common Area,Electric Dryer Hookup,Inside,Laundry Room,Other,Washer Hookup
Exterior
Exterior Feature Lighting,Other,Private Mailbox,Sidewalk,Storage
Parking Features Covered,Driveway,Garage Door Opener,Ground Level,Guest,Off Street,On Street,Open,Other,Parking Pad
Fence Other
Community Features Street Lights
Utilities Available BB/HS Internet Available,Electricity Available,Electricity Connected,Other,Public,Sewer Available,Sewer Connected,Underground Utilities,Water Available,Water Connected
View City,Garden,Trees/Woods
Roof Type Other,Shingle
Building
Lot Description Cleared,City Limits,Landscaped,Level,Near Public Transit,Oversized Lot,Sidewalk,Paved
Story 1
Foundation Other,Slab
Sewer Septic Tank
Water Public
Structure Type Block,Concrete,Other,Stucco
New Construction false
Schools
Elementary Schools Auburndale Central Elem
Middle Schools Stambaugh Middle
High Schools Auburndale High School
Others
Acceptable Financing Cash,Other,Owner Financing,Private Financing Available
Listing Terms Cash,Other,Owner Financing,Private Financing Available
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4936118