1510 DERBY AVENUE AUBURNDALE FL 33823
Overview of 1510 Derby Ave
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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!
This lovely single family home was built in 1947 and features 6 bedrooms, and 3 full bathrooms. This home for sale is 1,899 square feet, with 1,584 sq ft being air conditioned living space. The home has a does not have a private swimming pool.
Directions to this property are as follows: Head East On Us-92 E Toward Fl-559. Turn Right Onto Fl-655. Turn Left Onto W Derby Ave.
Please contact your ZFC agent for more information about MLS# MFRP4936118 or any other homes for sale in Auburndale or elsewhere in the Polk County area.
1510 Derby Ave Price Calculator
The payment calculator figures for 1510 Derby Ave should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2024 which are $2,866 but will likely change when this home sells. These estimations are calculated from a list price of $199,900 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.
Recent Home Sales near 1510 Derby Ave
MLS# MFRP4936118 Listing History
Public Transportation
Citrus Connection: US 92 E & Norman Ln
Citrus Connection: US 92 E & Norman Ln
Citrus Connection: US 92 E & Walker Rd
Citrus Connection: US 92 E & Recker Hwy
Citrus Connection: US 92 E & Ariana Ave
Map of 1510 Derby Ave Auburndale FL 33823
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The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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