3011 Ernest Drive, Auburndale, FL 33823
Local realty services provided by:Gulf Shores Realty ERA Powered
Listed by: jonathan pergerson
Office: flotacal
MLS#:A4694414
Source:MFRMLS
Price summary
- Price:$780,000
- Price per sq. ft.:$148.97
About this home
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....
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Home facts
- Year built:1979
- Listing ID #:A4694414
- Added:61 day(s) ago
- Updated:July 21, 2026 at 03:02 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:12
- Dining Description:Living Room/Dining Room Combo
- Kitchen Description:Kitchen/Family Room Combo
- Bedroom Description:Primary Bedroom Main Floor
- Living area:5,236 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1979
- Building area:5,236 sq. ft.
- Lot area:0.4 Acres
- Construction Materials:Block, Stucco
- Exterior Features:Fence
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$780,000
- Price per sq. ft.:$148.97
- Tax amount:$9,912 (2025)
Features and amenities
- Laundry features:Electric Dryer Hookup, Washer Hookup
- Amenities:Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat
- Pool features:Public Pool
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