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SoldDuplexSold

301 SW 3rd Terrace

Mulberry, FL 33860

$1,025,000

  • 7,584Sq Ft
  • $135Per Sq Ft
  • 0.79Acres
  • 1950Built
Subdivision
Crigler L N Add
County
Polk
MLS®
TB8460905

Overview

Income producing multifamily property! DE-RISKED INVESTMENT: 12-Unit Portfolio + Expansion Land – Delivered with 6 NEW ROOFS! Stop fighting the Florida insurance market. This high-performing 12-unit complex is being re-introduced to the market with a massive seller incentive: 6 Brand New Roofs to be completed prior to closing. By delivering the asset with new roofs, the seller is removing the #1 hurdle to financing and securing affordable insurance premiums. This 10% + Cap Rate asset features 11 renovated units, individual HVACs, and massive upside. Sale includes an adjacent vacant parcel for future development or added amenities. Buy today, finance easily, and enjoy years of maintenance-free ownership.

Listing Snapshot

Price
$1,025,000
Days On Site
N/A
Bedrooms
N/A
Inside Area (SqFt)
7,584 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
0.79 Acres
Year Built
1950
MLS® Number
TB8460905
Status
Sold
Property Tax
$15,236.35 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

8 items
Acres
0.79
Foundation
Slab
Levels
One
Property Sub Type
Duplex
Sewer
Public Sewer
Utilities
Electricity Available
Water Source
Public
Zoning
R-1

Interior Features

4 items
Cooling
Central Air
Heating
Central
Interior
Other
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior Features

3 items
Construction Details
Block
Exterior
Other
Roof
Shingle

Community Features

4 items
MLS Area
33860 - Mulberry
Township
30
Financing Terms Available
Cash, Conventional, Private Financing Available
Roads
Asphalt

Location

301 SW 3rd Terrace, Mulberry, FL 33860 · 33860 - Mulberry

$1.2M
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Neighborhood & Commute

ZIP Code 33860

Median household income
$64,726
Income per person
$28,383
Households
9,455
Average household size
2.82
Median age
32.1

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Closed
  3. Price changed to $1,325,000

Friends & Family

Listing courtesy of DIVINE REALTY AND ASSOCIATES LLC (718) 954-2278

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. 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. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-08 10:05 PM EST

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