1510 Derby Avenue, Auburndale, FL 33823

$207,000
4
BD
2
BA
1,584
SqFt

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Sold Price
$207,000
List Price
$199,900
Status
Sold
Days on Market
202
Closing Date
May 06, 2026
MLS#
P4936118
Property Style
Single Family
Architectural Style
Other
Year Built
1947
Bedrooms
4
Bathrooms
2
Living Area
1,584
Lot Size
35,497
Acres
0.81
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Auburn Mobile Park
MLS Area Major
Auburndale

Property Description

IF YOU'RE A SAVVY INVESTOR, look no further! Excellent INVESTMENT opportunity! TWO HOMES FOR THE PRICE OF ONE! 2 RENOVATED rental homes with the potential of a 3rd home being built on the same lot. Unlock incredible potential with this rare multi-property opportunity in Auburndale, FL! Includes a total of TWO single-family homes (a 1BR/1BA - located in the front left of the lot and 3 BR/1BA - located towards the rear of the lot). 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. 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 one. Seller financing and private financing available. Don’t miss your chance, this one won’t last!

Additional Information

Taxes
$2866
Minimum Lease
No Minimum
Location
Cleared, City Limits, Landscaped, Level, Near Public Transit, Oversized Lot, Sidewalk, Paved
Community Features
Street Lights, No Deed Restriction
Property Description
One Story
Zoning
R-4
Interior Layout
Built-in Features, Eat-in Kitchen, High Ceilings, L Dining, Living Room/Dining Room Combo, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
Interior Features
Built-in Features, Eat-in Kitchen, High Ceilings, L Dining, Living Room/Dining Room Combo, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
Floor
Laminate, Other, Tile
Appliances
Other, Range, Refrigerator
Utilities
BB/HS Internet Available, Electricity Available, Electricity Connected, Other, Public, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
Heating
Electric
Air Conditioning
Mini-Split Unit(s)
Exterior Construction
Block, Concrete, Other, Stucco
Exterior Features
Lighting, Other, Private Mailbox, Sidewalk, Storage
Roof
Other, Shingle
Foundation
Other, Slab
Pool
No Pool
Garage Features
Covered, Driveway, Garage Door Opener, Ground Level, Guest, Off Street, On Street, Open, Other, Parking Pad
Elementary School
Auburndale Central Elem
Middle School
Stambaugh Middle
High School
Auburndale High School
Fences
Other
Flood Zone Code
X
Parcel ID
25-28-10-000000-044160
Legal Description
COM 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 POB

Listing courtesy of HUT TEAM REALTY. 407-559-2929

Selling Office: HOME BANKERS REALTY, LLC.

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