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Wade M. Berlin

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Broker IDX Sites Inc.
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1510 Derby Avenue
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PRICED AT ONLY: $199,900

Address: 1510 Derby Avenue, AUBURNDALE, FL 33823

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 areas growth. Live in one and rent the other two. Seller financing and private financing available. Dont miss your chance, this one wont last!
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  • MLS#: P4936118 ( Residential )
  • Street Address: 1510 Derby Avenue
  • Viewed: 50
  • Price: $199,900
  • Price sqft: $105
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 1899
  • Bedrooms: 6
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 57
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Features
Building and Construction
  • Basement: Other
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Other, Private Mailbox, Sidewalk, Storage
  • Fencing: Other
  • Flooring: Laminate, Other, Tile
  • Living Area: 1584.00
  • Other Structures: Additional Single Family Home, Other, Shed(s)
  • Roof: Other, Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Cleared, City Limits, Landscaped, Level, Near Public Transit, Oversized Lot, Sidewalk, Paved
School Information
  • High School: Auburndale High School
  • Middle School: Stambaugh Middle
  • School Elementary: Auburndale Central Elem
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Covered, Driveway, Garage Door Opener, Ground Level, Guest, Off Street, On Street, Open, Other, Parking Pad
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Electricity Available, Electricity Connected, Other, Public, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Other, Range, Refrigerator
  • Country: US
  • Furnished: Unfurnished
  • 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
  • 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
  • Levels: One
  • Area Major: 33823 - Auburndale
  • Occupant Type: Tenant
  • Parcel Number: 25-28-10-000000-044160
  • Possession: Close Of Escrow
  • Style: Other
  • View: City, Garden, Trees/Woods
  • Views: 50
  • Zoning Code: R-4

Contact Info

  1. Broker IDX Sites Inc.
  2. We are the World
  3. 750.420.3943
  4. Toll Free: 005578193
  5. support@brokeridxsites.com
Wade M. Berlin