New Listing - 05/21/2026
3011 ERNEST DRIVE, Auburndale, FL, 33823
12 beds
1979
5,236 sqft
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.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup, Outside, Washer Hookup
Subdivision:
TROPICAL ACRES
Heating:
Electric
Cooling:
Central Air
Lot Size:
177 x 100
Acreage:
0.4
Est. Taxes:
$9,912
Construction
Block, Stucco
Utilities
Sewer Connected, Water Connected
Lease Term Type:
12 Months
MLS #:
A4694414
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of FLOTACAL 941-888-0043