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$199,900
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Property Description
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 area's growth. Live in one and rent the other two. Seller financing and private financing available. Don't miss your chance, this one won't last!
Full Property Details
Full Property Details for 1510 Derby Ave
General
- Price: $199,900
- Taxes: $2,866 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: P4936118
- Updated: 1/14/2026
- Added to Site: 134 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Built-in Features, Eating Space In Kitchen, High Ceilings, L Dining, Living Room/Dining Room Combo, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
- Appliances: Other, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Laminate, Other, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area, Electric Dryer Hookup, Inside, Laundry Room, Other, Washer Hookup
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Lighting, Other, Private Mailbox, Sidewalk, Storage
- Deck/Patio: Covered, Other, Patio, Porch
- Porch/Patio/Deck: Covered, Other, Patio, Porch
Parking
- Parking Features: Covered, Driveway, Garage Door Opener, Ground Level, Guest, Off Street, On Street, Open, Other, Parking Pad
Location
- Area: 33823 - Auburndale
- County: Polk
- Development Name: 33823 - Auburndale
- Subdivision: AUBURN MOBILE PARK
- Driving Directions: Head east on US-92 E toward FL-559. Turn right onto FL-655. Turn left onto W Derby Ave.
- Direction Faces: South
School Information
- Elementary School: Auburndale Central Elem
- Middle School: Stambaugh Middle
- High School: Auburndale High School
Community
- Community Name: 33823 - Auburndale
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Available, Electricity Connected, Other, Public, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Exterior Const.: Block, Concrete, Other, Stucco
- Basement Desc.: Other
- Roof: Other, Shingle
- Stories/Levels: One
- Square Feet: 1,584
- Sq. Ft. Source: Public Records
- Year Built: 1947
Additional Structures
- Other Structures: Additional Single Family Home, Other, Shed(s)
Lot Features
- Property View: City, Garden, Trees/Woods
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,497
- Lot Size: 35497
- Lot Dimensions: 69 x 117
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt, Other
- Fencing (Description): Other
Financial Considerations
- Tax Amount: $2,866.49
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: COM SW COR SE1/4 OF SW1/4 N 33.23 FT TO N R/W CR S-544A & POB W 165 FT N 117.14 FT E 69 FT N 159.19 FT TO SLY R/W CSX RR N 78 DEG 59 MIN 40 SEC E ALONG SD R/W 97.82 FT TO PT ON W BNDRY OF SW1/4 S 295.03 FT TO POB
- Flood Zone Info: X
- APN: 252810000000044160
- Property ID: 252810000000044160
Listed by Hut Team Realty
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Schools
Schools serving 1510 Derby Ave
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Auburndale Central Elementary School 320 Lemon Street, Auburndale, FL 33823 | PK-5 | 1.1 mi |
Auburndale Senior High School 1 Bloodhound Trail, Auburndale, FL 33823 | 9-12 | 1.7 mi |
Jere L. Stambaugh Middle School 226 Main Street, Auburndale, FL 33823 | 6-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1510 Derby Ave
Date
Details
Price
Change
Source
9/26/2025
Price Reduced
$199,900
-59.2%
MLS
9/05/2025
Listed
$490,000
139.02%
MLS
7/10/2024
Sold
$205,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1510 Derby Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$805
-19%
$62,256
-41%
2024
$996
12%
$105,715
16%
2023
$893
9%
$91,272
11%
2022
$820
22%
$82,340
47%
2021
$671
8%
$56,064
8%
2020
$620
-65%
$51,808
46%
2019
$1,754
12%
$35,401
10%
2017
$1,565
—
$32,183
9%
2017
$1,565
6%
$29,441
2%
2016
$1,474
—
$28,893
3%
2015
$1,471
7%
$28,022
5%
2014
$1,369
2%
$26,624
8%
2013
$1,347
—
$24,586
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1510 Derby Ave
1510 Derby Avenue, Auburndale, FL 33823 (MLS# P4936118) is a Single Family property with 6 bedrooms and 3 full bathrooms. 1510 Derby Avenue is currently listed for $199,900 and was received on September 05, 2025. Want to learn more about 1510 Derby Avenue? Do you have questions about finding other Single Family real estate for sale in Auburndale? You can browse all Auburndale real estate or contact a Coldwell Banker agent to request more information.

