3011 Ernest Dr, Auburndale, FL, 33823
$143/sqft·Tropical Acres
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At a glance
About this home
3011 Ernest Dr is a 1979-built home in Tropical Acres, Auburndale. Inside you'll find 12 bedrooms, 12 bathrooms, and 5,236 square feet of living space. Listed at $750,000 (about $143/sqft), 110 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
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.
The essentials
Location
Annual Tax (2025)
$9,912
Parcel #
25-28-09-321340-002160
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Tropical Acres
County
Polk
MLS Area
33823 - Auburndale
Lot Size
17,476 sqft
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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