3011 ERNEST DRIVE, AUBURNDALE, FL, 33823
Active64 days on marketListed May 21, 2026MLS #A4694414
About this home
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.
Facts & features
The home at a glance
12
Bedrooms
5,236
Sqft
0.4 ac
Lot size
1979
Year built
$149
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,487 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,487/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Auburndale actives
$149 vs $189
Days on market
64 vs 50 typical
Where $149/sqft sits among the 226 Auburndale actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Auburndale
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Auburndale. See the full Auburndale guide →
AUBURNDALE 33823 — neighborhood snapshot
Population
39,146
Median age
40.8
Median income
$64,248
Median home value
$234,300
Avg household
2.89
Households w/ children
4,326
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Auburndale market
$316K → $335K
Auburndale median sold, yr/yr
98.0%
Sale-to-list ratio (12 mo)
114 of 226
Auburndale actives have cut their price
Median sold price, Auburndale, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 140% above the AUBURNDALE 33823 median. See the full Auburndale market guide →
Paper trail
This home's history
Reality check
What actually sold near 3011 ERNEST DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$310,000
11919 RHODINE ROAD · same community
4 bd · 2 ba · 2,052 sqft · $151/sqft · 140 DOM
Sold · Oct ’25$265,000
3016 REITER DRIVE · same community
3 bd · 2 ba · 1,796 sqft · $148/sqft · 63 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 3011 ERNEST DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3011 ERNEST DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
3011 ERNEST DRIVE FAQs
What would the monthly payment be for 3011 ERNEST DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,487/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 3011 ERNEST DRIVE?+
The most recent tax bill on record (2025) was $9,912. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Auburndale?+
At $780,000, this home is listed about 120% above the Auburndale median of $355,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3011 ERNEST DRIVE?+
Auburndale Central Elementary School (elementary), Jere L. Stambaugh Middle (middle), Auburndale Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of FLOTACAL · Jonathan Pergerson. MLS #A4694414.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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