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
Subtype
Residential
Style
One Story
Architectural Style
Other
Year Built
1947
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,584
Lot Size
35,497
Acres
0.81
Subdivision
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

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
Exterior Features
Lighting, Other, Private Mailbox, Sidewalk, Storage
Financing
Cash, Other, Owner Financing, Private Financing Available
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
Appliances
Other, Range, Refrigerator
Heating
Electric
Air Conditioning
Mini-Split Unit(s)
Exterior Construction
Block, Concrete, Other, Stucco
Exterior Features
Lighting, Other, Private Mailbox, Sidewalk, Storage
Stories
1
Levels
One
Roof
Other, Shingle
Foundation
Other, Slab
Parking
Covered, Driveway, Garage Door Opener, Ground Level, Guest, Off Street, On Street, Open, Other, Parking Pad
Parking Features
Covered, Driveway, Garage Door Opener, Ground Level, Guest, Off Street, On Street, Open, Other, Parking Pad
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
View
City, Garden, Trees/Woods

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

Selling Office: HOME BANKERS REALTY, LLC.

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