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$1,325,000 Sale Pending
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Property Description
Under contract-accepting backup offers. 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.
Full Property Details
Full Property Details for 301 SW 3rd Terrace
General
- Price: $1,325,000
- Taxes: $15,236 (2025)
- Status: Pending
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8460905
- Updated: 5/24/2026
- Added to Site: 147 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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Schools
Schools serving 301 SW 3rd Terrace
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Purcell Elementary School 305 Southwest 1st Avenue, Mulberry, FL 33860 | PK-5 | 0.1 mi |
Mulberry Middle School 500 Southeast Drive Martin Luther King Junior Avenue, Mulberry, FL 33860 | 6-8 | 0.7 mi |
Mulberry Senior High School 4th Circle Ne, Mulberry, FL 33860 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 301 SW 3rd Terrace
Date
Details
Price
Change
Source
5/18/2026
Price Reduced
$1,325,000
-1.85%
MLS
5/11/2026
Price Increased
$1,350,000
12.5%
MLS
4/28/2026
Price Reduced
$1,199,999
-4%
MLS
4/22/2026
Price Reduced
$1,250,000
-1.96%
MLS
4/20/2026
Price Reduced
$1,275,000
-1.92%
MLS
4/16/2026
Price Reduced
$1,300,000
-5.45%
MLS
4/15/2026
Price Reduced
$1,375,000
-1.79%
MLS
3/24/2026
Price Reduced
$1,399,999
-0.71%
MLS
3/20/2026
Price Reduced
$1,409,999
-6%
MLS
3/12/2026
Price Reduced
$1,499,999
-6.25%
MLS
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
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 301 SW 3rd Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,405
—
$578,995
10%
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
—
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 301 SW 3rd Terrace
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 $1,325,000 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.

