1510 DERBY AVENUE AUBURNDALE FL 33823 Sold 05/06/2026
Overview of 1510 Derby Ave
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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 areas growth. Live in one and rent the other one. 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 4 bedrooms, and 2 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
Similar communities in Auburndale
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