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301 SW 3rd Terrace, Mulberry, FL 33860

$1,350,000

39 Total Photos [Click to View All]

Property Description

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.

301 SW 3rd Terrace | MLS# TB8460905

This multi-family property located at 301 SW 3rd Terrace, Mulberry, FL 33860 is currently listed for sale with an asking price of $1,350,000. Search Mulberry real estate on cassbrown.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.79 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $15,236
Year Built: 1950
Square Feet: 7,584

Amenities

Other
Other

Feature Descriptions

Annual Net Income: 121331.00
Days on Site: 129
Directions: Take route 60 East from Bailey Road, R on SW 3rd Avenue, R on SW 3rd Terrace
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Private Financing Available
Lot Dimensions: 0.79
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Do Not Contact Tenants, Lockbox, See Remarks
Special Sale Provisions: None
Units: 12
Utilities: Electricity Available, Public
Water: Public
Water Access Y/N: No
Zoning: R-1

Listed By / Shown By

Listed By

Agency Name: DIVINE REALTY AND ASSOCIATES LLC
Agency Contact: 718-954-2278

Shown By

Agent Name: Cassandra Brown
Agent Phone: (904) 309-0000
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 8,362.41 per month $6,698.99 Principal & Interest $1,269.67 Property Tax $393.75 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 05/14/2026. The listing information on this page last changed on 05/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 05/14/2026 12:05:32 AM EST) or GAMLS (last updated Wed 05/13/2026 11:15:20 PM EST) or Stellar MLS (last updated Wed 05/13/2026 11:59:21 PM EST) or SPC MLS (last updated Wed 05/13/2026 11:21:15 PM EST) or Martin MLS (last updated Wed 05/13/2026 11:38:16 PM EST) or Indian River MLS (last updated Wed 05/13/2026 11:30:21 PM EST) or Daytona MLS (last updated Wed 05/13/2026 11:36:49 PM EST) or Northeast Florida MLS (last updated Wed 05/13/2026 11:59:07 PM EST) or Beaches MLS (last updated Wed 05/13/2026 11:59:10 PM EST) or BORMLS (last updated Wed 05/13/2026 11:15:35 PM EST) or Golden Isles MLS (last updated Wed 05/13/2026 11:26:35 PM EST) or Amelia/Nassau MLS (last updated Wed 05/13/2026 11:25:16 PM EST) or Dixie Gilchrist Levy MLS (last updated Wed 05/13/2026 11:42:18 PM EST) or NFLMLS (last updated Wed 05/13/2026 9:05:48 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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