1510 Derby Ave, Auburndale, FL 33823 | For Sale

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For Sale $199,900 ($126.20 per Sq Ft)

$199,900 ($126.20 per Sq Ft)
  • (0)
  • 4 Bedrooms
  • 2 Bathrooms
  • 1,584 Sq Ft
  • 35,497 Sq Ft

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!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $199,900
Property Type Single Family Homes
Usable Sqft 1,584
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1947
Last Sold Unknown
Sold Price Unknown
APN # 252810000000044160
MLS # P4936118
Property ID 322147571
Lot Sqft 35,497
Zoning R-4
Days on Market 158
Original List Price $490,000
Applicances Other, Range, Refrigerator%
Date Updated February 01, 2026
Date Created August 29, 2025
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Listing Provided By

Daniel Hut an agent of . Lic #3417570


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 01, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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