MULBERRY, FL 33860 301 SW 3RD TERRACE
$1,325,000
Pending
34 more
Presented By: DIVINE REALTY AND ASSOCIATES LLC with 718-954-2278. - 718-954-2278
SQFT • 7,584
Home Details
Under contract-accepting backup offers. Income producing multifamily property! DE-RISKED INVESTMENT: 12-Unit Portfolio + Expansion Land – Delivered with 6 NEW ROOFS!
Stop fighting the Florida insurance market. This high-performing 12-unit complex is being re-introduced to the market with a massive seller incentive: 6 Brand New Roofs to be completed prior to closing. By delivering the asset with new roofs, the seller is removing the #1 hurdle to financing and securing affordable insurance premiums. This 10% + Cap Rate asset features 11 renovated units, individual HVACs, and massive upside. Sale includes an adjacent vacant parcel for future development or added amenities. Buy today, finance easily, and enjoy years of maintenance-free ownership.
Presented By: DIVINE REALTY AND ASSOCIATES LLC with 718-954-2278. - 718-954-2278
Interior Features for 301 SW 3RD TERRACE
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesOther
Laundry FeaturesElectric Dryer Hookup, Washer Hookup
General for 301 SW 3RD TERRACE
Additional Parcels Description23-30-11-156000-009101
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Carport Y/NNo
CityMULBERRY
Construction MaterialsBlock
CoolingCentral Air
CountyPolk
DirectionsTake route 60 East from Bailey Road, R on SW 3rd Avenue, R on SW 3rd Terrace
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
HeatingCentral
Land Lease Y/NNo
Legal DescriptionCRIGLER L N ADD PB 1 PG 43 BLK C LOTS 5 6 LESS N 75 FT & S 25 FT OF W 30 FT OF 7 & 8 N 88 FT OF W 30 FT & LOT 9 W 138.5 FT
LevelsOne
Listing TermsCash, Conventional, Private Financing Available
Living Area UnitsSquare Feet
Lot Size Square Feet34595
Lot Size UnitsSquare Feet
MLS Area33860 - Mulberry
New ConstructionNo
Number Of Units Total12
OwnershipFee Simple
PossessionClose Of Escrow
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameCRIGLER L N ADD
Tax Annual Amount15236.35
Tax Lot9
Tax Year2025
Tenant PaysElectricity, Trash Collection, Water
UtilitiesElectricity Available, Public
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1950
ZoningR-1
Exterior for 301 SW 3RD TERRACE
Exterior AmenitiesOther
Foundation DetailsSlab
Lot Dimensions138 x 125
Lot Size Acres0.79
Lot Size Area34595
Number of Buildings6
Number of Lots2
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
