AUBURNDALE, FL 33823 3011 ERNEST DRIVE
$780,000



2 more


Presented By: FLOTACAL with 941-888-0043. - 941-888-0043
Home Details
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.
Presented By: FLOTACAL with 941-888-0043. - 941-888-0043
Interior Features for 3011 ERNEST DRIVE
Bedrooms
Total Bedrooms12
Bathrooms
Total Baths12
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesKitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat
Laundry FeaturesElectric Dryer Hookup, Outside, Washer Hookup
General for 3011 ERNEST DRIVE
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Y/NNo
CityAUBURNDALE
Construction MaterialsBlock, Stucco
CoolingCentral Air
CountyPolk
DirectionsTake I-4 East toward Orlando, then take Exit 44 toward FL-559/Auburndale. Continue south on FL-559, then turn onto US-92 East/New Tampa Hwy. From there, turn onto Ernest Dr in Auburndale.
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
Gross Income79200
HeatingElectric
Land Lease Y/NNo
Legal DescriptionTROPICAL ACRES UNIT 2 PB 69 PG 4 BLK 2 LOT 16 & 17
Living Area UnitsSquare Feet
Lot Size Square Feet17476
Lot Size UnitsSquare Feet
MLS Area33823 - Auburndale
New ConstructionNo
Ok to Lease12 Months
OwnershipFee Simple
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTROPICAL ACRES
Tax Annual Amount9911.84
Tax Lot16
Tax Year2025
Total Actual Rent6600
UtilitiesSewer Connected, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1979
Exterior for 3011 ERNEST DRIVE
Exterior AmenitiesFenced
Foundation DetailsSlab
Lot Dimensions177 x 100
Lot Size Acres0.4
Lot Size Area17476
Number of Buildings3
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Sandra Carolina Rosas Noguera
Realtor®
SQFT • 5,236