Property
ActiveResidential
1/7
$780,000

3011 ERNEST DRIVE

Auburndale, FL 33823
12
Beds
12
Baths
5,236
SqFt
0.4
Acres
STELLAR
#A4694414
Updated: May 21, 2026, 9:38am

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.
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Property Details

Interior
Cooling
Central Air
Heating
Electric
Interior Features
Kitchen/Family Room ComboLiving Room/Dining Room ComboPrimary Bedroom Main FloorThermostat
Laundry Features
Electric Dryer HookupOutsideWasher Hookup
Living Area
5236
Construction
Building Area Units
Square Feet
Construction Materials
BlockStucco
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1979
Site & Exterior
Exterior Features
Fenced
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.4
Lot Size Area
17476
Lot Size Dimensions
177 x 100
Lot Size Square Feet
17476
Lot Size Units
Square Feet
Public Survey Range
25
Public Survey Section
09
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Sewer ConnectedWater Connected
Water Source
Public
Financials
Calculated List Price By Calculated Sq Ft
148.97
Contract Status Change Date
2026-05-21
Current Price
780000
Feed Types
BBO
Lease Term
12 Months
Owner Name
ON RECORD
Ownership
Fee Simple
Parcel Number
252809321340002160
Public Survey Township
28
Tax Annual Amount
9911.84
Tax Block
2
Tax Book Number
69-4
Tax Legal Description
TROPICAL ACRES UNIT 2 PB 69 PG 4 BLK 2 LOT 16 & 17
Tax Lot
16
Tax Year
2025
Total Actual Rent
6600

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33823 - Auburndale
Subdivision Name
TROPICAL ACRES
Listing provided courtesy of STELLAR via IDX. Updated: May 21, 2026, 9:38am.
Jonathan Pergerson

Listing Agent

FLOTACAL

Call Agent