About 3011 Ernest Drive
Exceptional opportunity to acquire a fully occupied six-unit multifamily investment consisting of 3 duplex buildings situated on approximately 0.40 acres in a high-demand growth corridor just off US-92. The property features all 2-bedroom, 2-bathroom units with newly updated interiors and new roofs, offering investors a turnkey asset with strong rental appeal and reduced near-term capital expenses. The property is fully occupied with long-term leased tenants in place, providing immediate and stable cash flow. Currently generating $6,600/month in rental income. Efficient operations with separately metered utilities, allowing tenants to pay all utilities directly and helping minimize landlord expenses. Each unit also features its own fully fenced private yard along with washer and dryer hookups, adding convenience, privacy, and increased tenant appeal. Strategically located only 1.5 miles from the US-92/FL-570 interchange with exposure to over 57,300 combined vehicles/ day, the property is surrounded by major national retailers and dining destinations including Walmart Supercenter, Lowe’s, ALDI, Publix, Chili’s, McDonald’s, and more. With 3 duplex buildings, recent capital improvements, updated interiors, long-term tenants, and a prime location in an expanding retail and residential corridor, this property presents an outstanding investment opportunity for buyers seeking stable income, low-maintenance ownership, and long-term appreciation potential.
Features of 3011 Ernest Drive
| MLS® # | A4694414 |
|---|---|
| Price | $780,000 |
| Bedrooms | 12 |
| Bathrooms | 12.00 |
| Square Footage | 5,236 |
| Acres | 0.40 |
| Year Built | 1979 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Listing Details
| Office | FLOTACAL |
|---|
Listing Map
Neighborhood Information for 3011 Ernest Drive
Stable Population, Moderate Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Lena Vista Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
0 Miles | |
|
Clarence Boswell Elementary School Public - Preschool to 5Th Grade |
2 Miles | |
|
Auburndale Central Elementary School Public - Kindergarten to 5Th Grade |
2 Miles | |
|
|
Jere L. Stambaugh Middle Public - 6Th Grade to 8Th Grade - Closest Middle School |
2 Miles | |
|
|
Auburndale Senior High School Public - 9Th Grade to 12Th Grade - Closest High School |
2 Miles | |
|
|
Matanzas Christian Academy Priv Sch Sys Inc Private - to |
2 Miles | |
|
|
East Area Adult/Community School Public - to |
2 Miles |
School data provided by GreatSchools