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301 SW 3RD TER,  MULBERRY, FL 33860

MLS# TB8460905.  0 beds.  0.0 baths.  Apartment.  Active

$15,236 in taxes (2025)

$1,300,000   Reduced by $75,000 (5.8%)

 

Remarks:

MAJOR PRICE REDUCTION!! 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.

Quick Info:

  • Listing is courtesy Of: DIVINE REALTY AND ASSOCIATES LLC ((718-954-2278))
  • Listing Agent: Mendel Friedman ((718-954-2278))
  • Days on yellowkey: 101
  • Property Type: Apartment
  • Baths: 0.0
  • Living Area Square Feet: 7584
  • Built 1950
  • Taxes: $15,236 (2025)
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  • Fees: $0
  • Polk County
  • Terms: Cash, Conventional, Private Financing Available
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  • Subdivision Name: CRIGLER L N ADD
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
4/16/2026Sale100TB8460905Price Change$1,300,000-5.45%MLS
4/15/2026Sale100TB8460905Price Change$1,375,000-1.79%MLS
1/5/2026Sale0TB8460905listed for sale$1,700,000-MLS




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