1510 Derby Avenue, Auburndale, FL 33823
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
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! TWO HOMES FOR THE PRICE OF ONE! 2 RENOVATED rental homes with the potential of a 3rd home being built on the same lot. Unlock incredible potential with this rare multi-property opportunity in Auburndale, FL! Includes a total of TWO single-family homes (a 1BR/1BA - located in the front left of the lot and 3 BR/1BA - located towards the rear of the lot). 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. 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 one. 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:185 day(s) ago
- Updated:March 10, 2026 at 01:49 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Tile
- Dining Description:Eat In Kitchen, L Shaped, Living Room/Dining Room Combo
- Kitchen Description:Eat-in Kitchen, Range, Refrigerator, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
- Bedroom Description:High Ceilings, Primary Bedroom Main Floor, Split Bedroom
- Basement:Yes
- Living area:1,584 sq. ft.
Heating and cooling
- Cooling:Mini-Split Unit(s)
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1947
- Building area:1,584 sq. ft.
- Lot area:0.81 Acres
- Lot Features:Cleared, Landscaped, Level, Near Public Transit, Oversized, Paved, Sidewalk
- Construction Materials:Block, Concrete, Stucco
- Exterior Features:Covered Porch/Patio, Lighting, Patio, Porch, Private Mailbox, Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Auburndale High School
- Middle school:Stambaugh Middle
- Elementary school:Auburndale Central Elem
Utilities
- Water:Public, Water Available, Water Connected, Well
- 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)
Features and amenities
- Appliances:Range, Refrigerator
- Laundry features:Electric Dryer Hookup, In Common Area, Inside, Laundry Room, Washer Hookup
- Amenities:BB/HS Internet Available, Built-In Features, Eat-in Kitchen, Electricity Available, High Ceilings, L Dining, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Underground Utilities
- Pool features:Public Pool
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