301 SW 3rd Ter

—
Baths
7,584 Sq. Ft.
$178 / Sq. Ft.
7,584
Sq. Ft.
$178
per Sq. Ft.

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...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."
  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: 05/11/2026 07:51 PM

Property Details for 301 Southwest 3rd Terrace

StatusActive
MLS #TB8460905
Days on Market131
Taxes$15,236 / year
HOA Fees-
Condo/Co-op Fees-
Property 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
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Building Information for 301 Southwest 3rd Terrace

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

Payment Calculator

$8,068 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,798

Property Taxes

$1,270

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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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: Price Increase
  • 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
Virtual Tour
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
May 11, 2026

Price Change

MFRMLS #TB8460905

$1,350,000—
Apr 28, 2026

Price Change

MFRMLS #TB8460905

$1,199,999—
Apr 22, 2026

Price Change

MFRMLS #TB8460905

$1,250,000—
DateEvent & SourcePrice
05/11/2026

Price Change

MFRMLS #TB8460905

$1,350,000
04/28/2026

Price Change

MFRMLS #TB8460905

$1,199,999
04/22/2026

Price Change

MFRMLS #TB8460905

$1,250,000

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-Additions-Total-
Tax Record2025$11,651 ($971 / month)
Home Facts
Total Finished SqFt1,104 SqFtAbove Grade Finished SqFt1,104 SqFtStories1Lot Size34,595 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950Year Renovated1994ZoningR1-HCountyPOLKAPN233011156000009051

Schools near 301 Southwest 3rd Terrace

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

Bartow Elementary Academy
PublicK to 5

Mulberry Middle School
Public6 to 8

Union Academy
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.

Similar Homes

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 $1,350,000. It has been on the market for a total of 131 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 Mulberry Middle School. 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: 05/11/2026 07:51 PM