1510 Derby Avenue, Auburndale, FL 33823
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by: daniel hut
Office: hut team realty
MLS#:P4936118
Source:MFRMLS
Price summary
- Price:$199,900
- Price per sq. ft.:$105.27
About this home
IF YOU'RE A SAVVY INVESTOR, look no further! Excellent INVESTMENT opportunity! THREE HOMES FOR THE PRICE OF ONE! 2 RENOVATED rental homes with the potential of a 3rd home. Unlock incredible potential with this rare multi-property opportunity in Auburndale, FL! Includes a total of THREE single-family homes (a 1BR/1BA - located in the front left of the lot, a 2BR/1BA - located in the front right of the lot, and 3 BR/1BA - located towards the rear of the lot). 2 out of 3 homes have been FULLY RENOVATED with NEW AC mini-splits, NEW ROOF, new vinyl siding, new septic tank, drain fields and tankless water heaters. The 3/1 property is leased for $1,250 month/month. The 1/1 property is vacant and available for lease $1,000/month as of October, 2025. The 2/1 property is vacant/needs TLC, and may be rebuilt with a "renovation" permit. Very generous sized lot with ample parking spaces for each house, plus possible storage available. Seller can provide financing up to 70% of the sale amount on this property. Should you desire MORE cash flow, the adjacent property is also available for sale. The parcel includes a commercial building with front business space and two 1 bedroom apartments in the rear, all recently renovated as well. Current rents/price = over 11% return! With far higher future potential! NO HOA! Potential to live in one, and rent the rest! With its prime location just minutes from downtown Auburndale, scenic lakes, restaurants, and shopping, this property offers endless possibilities for investors, developers, or visionaries looking to capitalize on the area’s growth. Live in one and rent the other two. Seller financing and private financing available. Don’t miss your chance, this one won’t last!
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Home facts
- Year built:1947
- Listing ID #:P4936118
- Added:69 day(s) ago
- Updated:November 14, 2025 at 01:29 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,584 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1947
- Building area:1,584 sq. ft.
- Lot area:0.81 Acres
Schools
- High school:Auburndale High School
- Middle school:Stambaugh Middle
- Elementary school:Auburndale Central Elem
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public, Septic Tank, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$199,900
- Price per sq. ft.:$105.27
- Tax amount:$2,866 (2024)
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