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301 SW 3RD TERRACE Mulberry, FL $ 1,325,000
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$ 1,325,000 Get more info
301 SW 3RD TERRACE
$ 1,325,000
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301 SW 3RD TERRACE

Mulberry, FL, 33860
$ 1,325,000
Baths0.0 Sq 7,584

Monthly Estimate*

$ 8,158

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Studio

Multi-Family Home for sale in Mulberry, FL

for $1,325,000. This 7,584 square foot home was built in 1950 on a lot size of 0.79.

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.

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Multi-Family Pending

Price

$ 1,325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 15,236

Style

Duplex

Lot Size

0.79

Year Built

1950

Town/City

Mulberry

County/Region

Polk

MLS | Web ID

TB8460905
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Public
Possession Close Of Escrow
Roof Shingle
Zoning R-1
Construction Materials Block
Year Built 1950
Tenant Pays Electricity Trash Collection Water
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 23-30-11-156000-009101
County Polk
New Construction false
Property Type Residential Income
Subdivision Name CRIGLER L N ADD
Garage Y/N false
Status Pending
Directions Take route 60 East from Bailey Road R on SW 3rd Avenue R on SW 3rd Terrace
City MULBERRY
Senior Community Y/N false
Number Of Units Total 12
MLS Area 33860 - Mulberry
Lot Size Units Square Feet
Lot Size Square Feet 34595
Carport Y/N false
Listing Terms Cash Conventional Private Financing Available
Land Lease Y/N false
Tax Annual Amount 15236.35
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8460905
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Tax Lot 9
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
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Other
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Other
Water Source Public
Lot Size Area 34595
Foundation Details Slab
Number of Buildings 6
Lot Dimensions 138 x 125
Lot Size Acres 0.79
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Number of Lots 2
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* Excluded Features
List By
Divine Realty And Associates Llc

Broker

mendelfriedman@gmail.com

Email

Affordability Calculator

$9,428
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,158
Monthly Property Taxes
$1,270
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/18/2026$1,325,000 -1.85% Price Down
5/11/2026$1,350,000 12.50% Price Up
4/28/2026$1,199,999 -5.88% Price Down
4/20/2026$1,275,000 -1.92% Price Down
4/16/2026$1,300,000 -5.45% Price Down
4/15/2026$1,375,000 -1.79% Price Down
3/24/2026$1,399,999 -0.71% Price Down
3/20/2026$1,409,999 -6.00% Price Down
3/12/2026$1,499,999 -6.25% Price Down
3/1/2026$1,599,999 -3.03% Price Down
2/25/2026$1,649,999 -2.94% Price Down
1/5/2026$1,700,000 Listed Price

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301 SW 3RD TERRACE, Mulberry, FL, 33860 is a Multi-Family Home for sale at $1,325,000 with 7,584 sqft and a lot size of 0.79. 301 SW 3RD TERRACE is a studio with 0.0 baths and was built in 1950. The property's zip code is 33860 which is in Mulberry, FL

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