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$1,599,999 -$50,000 (-3.03%) Price Reduced

  • For Sale
  • Active
  • Duplex
  • 7,584 Sq. Ft.
  • Updated 1 day ago
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PRICE REDUCED! SELLER MOTIVATED! 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.

Full Property Details for 301 SW 3rd Terrace

General

  • Price: $1,599,999
  • Taxes: $15,236 (2025)
  • Status: Active
  • Type: Duplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8460905
  • Updated: 3/1/2026
  • Added to Site: 56 day(s) ago

Interior

  • Interior Features: Other

Rooms

Other Rooms

  • Laundry: Electric Dryer Hookup, Washer Hookup

Exterior

  • Exterior Features: Other

Location

  • Area: 33860 - Mulberry
  • County: Polk
  • Development Name: 33860 - Mulberry
  • Subdivision: CRIGLER L N ADD
  • Driving Directions: Take route 60 East from Bailey Road, R on SW 3rd Avenue, R on SW 3rd Terrace

Community

  • Community Name: 33860 - Mulberry

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Public

Structural Information

  • # Buildings: 6
  • Exterior Const.: Block
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 7,584
  • Sq. Ft. Source: Public Records
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.79
  • Lot Size (Sq. Ft.): 34,595
  • Lot Size: 34595
  • Lot Dimensions: 138 x 125
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $15,236.35
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: CRIGLER L N ADD PB 1 PG 43 BLK C LOTS 5 6 LESS N 75 FT & S 25 FT OF W 30 FT OF 7 & 8 N 88 FT OF W 30 FT & LOT 9 W 138.5 FT
  • Flood Zone Info: X
  • APN: 233011156000009051
  • Property ID: 233011156000009051
  • Block/Lot/Section: C

Listed by Divine Realty and Associates Llc

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Listing agent

— 301 SW 3rd Terrace —

  • Divine Realty and Associates Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 301 SW 3rd Terrace

School District:Polk County School District
NameGradesDistance
Purcell Elementary School
305 Southwest 1st Avenue, Mulberry, FL 33860
PK-50.1 mi
Mulberry Middle School
500 Southeast Drive Martin Luther King Junior Avenue, Mulberry, FL 33860
6-80.7 mi
Mulberry Senior High School
4th Circle Ne, Mulberry, FL 33860
9-121.1 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 301 SW 3rd Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/01/2026
Price Reduced
$1,599,999
-3.03%
MLS
2/25/2026
Price Reduced
$1,649,999
-2.94%
MLS
1/05/2026
Listed
$1,700,000
172%
MLS
11/25/2020
Sold
$625,000
—
Public Record
Get Price Alerts and Save Property
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 for 301 SW 3rd Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,651
-6%
$756,794
44%
2024
$12,405
-4%
$526,359
-5%
2023
$12,949
15%
$554,790
20%
2021
$11,299
-6%
$460,815
-10%
2022
$12,058
7%
$514,812
16%
2021
$11,299
112%
$442,388
169%
2019
$5,334
2%
$164,540
—
2017
$5,252
—
$164,151
—
2017
$5,252
-2%
$164,473
3%
2016
$5,375
—
$160,070
4%
2015
$5,380
3%
$153,843
1%
2014
$5,201
1%
$152,424
-3%
2013
$5,127
—
$156,897
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Divine Realty and Associates Llc

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301 SW 3rd Terrace, Mulberry, FL 33860 (MLS# TB8460905) is a Duplex property with 0 bedrooms and 0 full bathrooms. 301 SW 3rd Terrace is currently listed for $1,599,999 and was received on January 05, 2026. Want to learn more about 301 SW 3rd Terrace? Do you have questions about finding other Duplex real estate for sale in Mulberry? You can browse all Mulberry real estate or contact a Coldwell Banker agent to request more information.

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