


3011 ERNEST DRIVEAUBURNDALE, FL 33823
Multi-Family · 12 Beds · 5,236 Sq. ft. | 0.40 Acres3011 ERNEST DRIVE Overview
- Time on Site:
- 41 days
- Visits:
- 0
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.
3011 ERNEST DRIVE Facts & Features
- Type Multi-Family
- Sq. ft. 5,236
- Price/Sq.ft. $149
- Lot 0.40 Acres
Details
General
Association/HOA
- Association: No
Income/Expenses
- Gross Income: 79200
Building Information
- New Construction: No
- Year Built: 1979
Location/Region
- Country: US
- County Or Parish: Polk
- MLS Area Major: 33823 - Auburndale
- Subdivision Name: TROPICAL ACRES
- Township: 28
Rent/Lease Information
- Lease Term: Twelve Months
Tax Information
- Tax Annual Amount: 9911.84
- Tax Year: 2025
General Information
- Ownership: Fee Simple
- Parcel Number: 25-28-09-321340-002160
- Property Sub Type: Duplex
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Total: 12
- Bedrooms Total: 12
Building Interior
- Building Area Units: Square Feet
General Information
- Cooling: Central Air
- Fireplace: No
- Foundation Details: Slab
- Heating: Electric
- Interior Features: Kitchen/Family Room Combo,Living Room/Dining Room Combo,Primary Bedroom Main Floor,Thermostat
- Laundry Features: Electric Dryer Hookup,Outside,Washer Hookup
- Living Area: 5236
- Living Area Source: Public Records
- Living Area Units: Square Feet
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Acres: 0.4
- Lot Size Dimensions: 177x100
- Lot Size Square Feet: 17476
- Road Surface Type: Asphalt
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Block,Stucco
- Roof: Shingle
General Information
- Carport: No
- Exterior Features: Fence
- Pool Private: No
- Sewer: Public Sewer
- Utilities: Sewer Connected,Water Connected
3011 ERNEST DRIVE Neighborhood
Community
33823 (AUBURNDALE) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3011 ERNEST DRIVE Monthly Cost
3011 ERNEST DRIVE Market Data
Based on the last 30 days in this zip code
3011 ERNEST DRIVE History
| Date | Value | Agent |
|---|---|---|
| 5/20/2026Source: My Florida Regional MLS | May 20, 2026 |














