3011 ERNEST Dr, Auburndale, FL 33823

Beds
12
Baths
12
Sqft
5,236

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Listed byFLOTACAL
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
12
Number of bathrooms
12
Square feet
5,236
Lot size (acres)
0.40
Year built
1979

Interior features

Laundry
Electric Dryer Hookup, Outside, Washer Hookup

Exterior features

Horse amenities
Stable

Utilities

Heating
Electric
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$9,911.84

Public schools

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Sourced from: Stellar MLS MLS®#: A4694414 Last checked:

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