$780,000
3011 Ernest Drive Auburndale, FL 33823
For Sale MLS# A4694414
12 beds 12 baths 5,236 sq ft Multi-family
Details for 3011 Ernest Drive
MLS# A4694414
Description for 3011 Ernest Drive, Auburndale, FL, 33823
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.
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 12
Bathrooms: 12
Lot Size: 0.40 Acres
Square Feet: 5,236 sq ft
Year Built: 1979
Construction: Block,Stucco
Subdivision: Tropical Acres
Foundation: Slab
County: Polk
Additonal Room Information
Laundry: Outside, Washer Hookup, Electric Dryer Hookup
Interior Features
Additional Interior Features: Main Level Primary, Kitchen/Family Room Combo, Living/Dining Room
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Sewer Connected,Water Connected
Cooling: Central Air
Heating: Electric
Exterior / Lot Features
Roof: Shingle
Lot Dimensions: 177x100
Additional Exterior/Lot Features: Fence
Unit Information
Unit 1 Units Total: 6
Unit 1 Actual Rent: 6600
Unit 1 Baths Total: 2
Unit 1 Beds Total: 2
Driving Directions
Take 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.
Financial Considerations
Gross Income: 79200
Tax/Property ID: 25-28-09-321340-002160
Tax Amount: 9911.84
Tax Year: 2025
A broker reciprocity listing courtesy: FLOTACAL
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3011 Ernest Drive
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3011 Ernest Drive
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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