$199,900

1510 DERBY AVENUE, Auburndale, FL 33823

  • 6 beds |
  • 3 baths |
  • 1,584 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon0.81acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $126/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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!

Listing Status:
Active
Date Added:
September 5, 2025 at 05:00AM
Listing Office:
HUT TEAM REALTY : 407-559-2929
Listing Agent:
Daniel Hut : 863-400-6090
MLS ID:
P4936118
  • General: Built-in FeaturesEating Space In KitchenHigh CeilingsL DiningLiving Room/Dining Room ComboOpen FloorplanOtherPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit BedroomStone CountersThermostat
  • Appliances: OtherRangeRefrigerator
  • Laundry: Common AreaElectric Dryer HookupInsideLaundry RoomOtherWasher Hookup
  • Basement: Other
  • Flooring: LaminateOtherTile
  • A/C: Central Air
  • Heating: CentralElectric
  • General: LightingOtherPrivate MailboxSidewalkStorageAdditional Single Family HomeOtherShed(s)
  • Style: Other
  • Parking: CoveredDrivewayGarage Door OpenerGround LevelGuestOff StreetOn StreetOpenOtherParking Pad
  • Roofing: OtherShingle
  • General: BlockConcreteOtherStuccoOneOtherSlab
  • Road/Access: Street Paved
  • Originating MLS: Stellar MLS
  • County: Polk
  • Zoning: R-4COM SW COR SE1/4 OF SW1/4 N 33.23 FT TO N R/W CR S-544A & POB W 165 FT N 117.14 FT E 69 FT N 159.19 FT TO SLY R/W CSX RR N 78 DEG 59 MIN 40 SEC E ALONG SD R/W 97.82 FT TO PT ON W BNDRY OF SW1/4 S 295.03 FT TO POB252810000000044160
  • View: CityGardenTrees/Woods
  • Fencing: Other
  • Utilities: BB/HS Internet AvailableElectricity AvailableElectricity ConnectedOtherPublicSewer AvailableSewer ConnectedStreet LightsUnderground UtilitiesWater AvailableWater Connected
  • Water: Public
  • Sewer: Septic Tank
  • Source: Stellar MLS

This listing courtesy of Daniel Hut, HUT TEAM REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

A

Auburndale Central Elementary School

320 Lemon St, Auburndale, FL, 33823

Grades PK-5

1.10 miles away

J

Jere L. Stambaugh Middle School

226 N Main St, Auburndale, FL, 33823

Grades 6-8

1.46 miles away

A

Auburndale Senior High School

1 Bloodhound Trl, Auburndale, FL, 33823

Grades 9-12

1.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing