301 SW 3rd Ter

Mulberry, FL 33860

$1,700,000
Price
—
Beds
—
Baths
7,584 Sq. Ft.
$224 / Sq. Ft.
7,584
Sq. Ft.
$224
per Sq. Ft.
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Description

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...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.
  1. Listed by Mendel Friedman • Brokerage DRE #1072441 • DIVINE REALTY AND ASSOCIATES LLC
    P: (718)-954-2278 C: (718)-954-2278 mendelfriedman@gmail.com

Property Details for 301 Southwest 3rd Terrace

Subdivision Name
CRIGLER L N ADD
Township
30
Waterfront
No
LISTING UPDATED: 01/06/2026 10:34 AM

Property Details for 301 Southwest 3rd Terrace

StatusActive
MLS #TB8460905
Days on Market2
Taxes$15,236 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1950
Lot Size0.79 AC / 34,595 SF
CountyPolk County

Location

Listing Courtesy of DIVINE REALTY AND ASSOCIATES LLC, Mendel Friedman
Add your commute

Building Information for 301 Southwest 3rd Terrace

Stories-Residences12Year Built1950Building Size-Lot Size0.79 AC / 34,595 SF

Payment Calculator

$9,555 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,286

Property Taxes

$1,270

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 301 Southwest 3rd Terrace

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Take route 60 East from Bailey Road, R on SW 3rd Avenue, R on SW 3rd Terrace
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 301
  • Street Direction Prefix: SW
  • Street Name: 3RD
  • Street Suffix: TERRACE
  • State: FL
  • City: MULBERRY
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: C
  • Tax Book Number: 1-43
  • Tax 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
  • Tax Lot: 9
  • Tax Year: 2025
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Property
Lot Information
  • Additional Parcels Description: 23-30-11-156000-009101
  • Additional Parcels: Yes
  • Lot Size Dimensions: 138 x 125
  • Parcel Number: 233011156000009051
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 6
  • Water Access: No
  • Water Extras: No
  • Zoning: R-1
  • Living Area: 7584
  • Lot Dimensions: 138 x 125
Property and Assessments
  • Year Built Numeric: 1950
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Number Of Lots: 2
  • Public Survey Range: 23
  • Public Survey Section: 11
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Other
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Other
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $121,331.00
  • Est Annual Market Income: $147,000.00
  • Unit Count: 0
Rental
Rental Information
  • Tenant Pays: Electricity, Trash Collection, Water

Property History for 301 Southwest 3rd Terrace

DateEvent & SourcePriceAppreciation
Jan 5, 2026

Listed (Active)

MFRMLS #TB8460905

—
Jan 5, 2026

Temporarily Off Market

MFRMLS #TB8460905

—
Jan 5, 2026

Listed (Active)

MFRMLS #TB8460905

$1,700,000—
Nov 26, 2020

Sold

MFRMLS #L4918395

$625,000—
Oct 22, 2020

Pending

MFRMLS #L4918395

—
Oct 1, 2020

Listed (Active)

MFRMLS #L4918395

$650,000—
DateEvent & SourcePrice
01/05/2026

Listed (Active)

MFRMLS #TB8460905

—
01/05/2026

Temporarily Off Market

MFRMLS #TB8460905

—
01/05/2026

Listed (Active)

MFRMLS #TB8460905

$1,700,000
11/26/2020

Sold

MFRMLS #L4918395

$625,000
10/22/2020

Pending

MFRMLS #L4918395

—
10/01/2020

Listed (Active)

MFRMLS #L4918395

$650,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 301 Southwest 3rd Terrace

Taxable ValueLand$31,000Additions$495,359Total$526,359
Tax Record2024$12,405 ($1,034 / month)
Home Facts
Total Finished SqFt1,104 SqFtAbove Grade Finished SqFt1,104 SqFtStories1Lot Size34,595 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950Year Renovated1993ZoningR1-HCountyPOLKAPN233011156000009051

Schools near 301 Southwest 3rd Terrace

This home is within Polk.
Rating
School
Type
Grades
Distance
Purcell Elementary School
Public - PK to 5
Bartow Elementary Academy
Public - K to 5
Union Academy
Public - 6 to 8
Mulberry Middle School
Public - 6 to 8
Rating
School
Distance
Purcell Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Union Academy
Public6 to 8

Mulberry Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 301 Southwest 3rd Terrace, Mulberry, FL 33860

301 Southwest 3rd Terrace is a multi-family home for sale in Mulberry, FL 33860. This property was listed for sale on January 5, 2026 by DIVINE REALTY AND ASSOCIATES LLC, it's currently listed at $1,700,000. It has been on the market for a total of 2 days and was last sold on November 26, 2020. This listing's school district is Polk. Nearby schools include Purcell Elementary School, Bartow Elementary Academy and Union Academy. 301 Southwest 3rd Terrace is a 0-bed, 0-bath, 7,584 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DIVINE REALTY AND ASSOCIATES LLC, Mendel Friedman

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 01/06/2026 10:34 AM