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301 SW 3RD Terrace

Mulberry, FL 33860
  • $1,700,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: TB8460905
UPDATED: 64 min ago
$1,700,000
  • 0
    BEDS
  • 0.79
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,584
    SQFT
  • $224
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

Description

Income producing multi family property! 12 units total over 6 duplexes generating upwards of 120k annually gross income with potential for over 140k annually. All units have had the interiors updated in the past few years aside from one. Tenants pay all utilities! There are very little fixed expenses. All units have their own HVAC and Washer and Dryer hookups. Many improvements made to the property over the last few years both interior and exterior. Units lease really quickly when vacant. Property is in great location in the heart of Mulberry and just south of Lakeland. Just off route 60 making it easy access to anywhere you need to get to. This property is ready to cash flow for years to come. Sale includes an additional vacant parcel right behind existing structures that can be built on adding additional income.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-01-14T17:45:31.833.
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301 SW 3RD Terrace Mulberry, FL 33860

  • Price: $1,700,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 64 min ago
  • MLS #: TB8460905
0
Beds
0
Baths
0
½ Baths
0.79
Acres
7,584
SQFT
$224
$/SQFT
1950
Built
Neighborhood:
Crigler L N Add
County:
Polk
Area:
Mulberry
Property Description
Income producing multi family property! 12 units total over 6 duplexes generating upwards of 120k annually gross income with potential for over 140k annually. All units have had the interiors updated in the past few years aside from one. Tenants pay all utilities! There are very little fixed expenses. All units have their own HVAC and Washer and Dryer hookups. Many improvements made to the property over the last few years both interior and exterior. Units lease really quickly when vacant. Property is in great location in the heart of Mulberry and just south of Lakeland. Just off route 60 making it easy access to anywhere you need to get to. This property is ready to cash flow for years to come. Sale includes an additional vacant parcel right behind existing structures that can be built on adding additional income.
Exterior Features

Carport Yn No Construction Materials Block Exterior Features Other Foundation Details Slab Lot Size Dimensions 138 x 125 Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Central Air Cooling YN Yes Fireplace Yn No Heating Central Heating YN Yes Interior Features Other Laundry Features Electric Dryer HookupWasher Hookup Levels One Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 121331 Association Yn No Cdd Yn No Down Payment Resource No Est Annual Market Income 147000 Flood Zone Code X Garage Yn No Homestead Yn No Listing Terms CashConventionalPrivate Financing Available New Construction Yn No Ownership Fee Simple Property Sub Type Duplex Realtor Info Docs Available Senior Community Yn No Special Listing Conditions None Tax Annual Amount 15236.35 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity AvailablePublic Zoning R-1


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of DIVINE REALTY AND ASSOCIATES LLC: 718-954-2278.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-01-14T17:45:31.833.
 
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