$780,000

Duplex In Auburndale

  • 12 Beds
  • 12 Baths
  • 5,236 Sqft
  • 17,476 Sqft lot
  • Updated: May 21
  • Source:
    Stellar MLS  MLS#A4694414

About the Property

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
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.
  • Property type

    Apartment

  • Year built

    1979

  • Price/sqft

    $148

Explore the Area

3011 ERNEST DRIVE, Auburndale, Florida, United States View on Google Maps
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FLOTACAL - Sarasota

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FLOTACAL - Sarasota
Florida, United States
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2026
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FLOTACAL - Sarasota
Sarasota, Florida, United States
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Last updated
May 21
First listed
May 21
Listing reference
A4694414
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