For sale

3011 ERNEST

Auburndale, FL, 33823·MLS# A4694414

$780,000

Estimated $5,108/mo estimated

12
Bedrooms
12
Bathrooms
5,236
Sq ft
0.40 ac
Lot size
1979
Year built
$149
Per sq ft
  • Residential Income
  • Built 1979

About this home

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.

Facts & features

Interior

Bedrooms
12
Bathrooms
12 full
Living area
5,236 sqft

Property

Type
ResidentialIncome
Year built
1979
Lot size
0.4 acres

Financial

Annual taxes
$9,911.84
Price / sqft
$149

Estimate your monthly payment

$156,000

$5,108/ month estimated

  • Principal & interest$4,068
  • Property tax$715
  • Insurance$325

Illustrative estimate — not a lending offer.

Location

Auburndale, FL

Similar homes nearby

Courtesy of FLOTACAL

reThought Real Estate

My local team · (407) 974-5509

Choose a day

Choose a time of day

Free, no obligation · A reThought agent confirms within the hour during business hours.

Listing data courtesy of FLOTACAL. My request routes to reThought Real Estate in DashBrew CRM.

$780,000

12 bd · 12 ba · 5,236 sqft