Mulberry Multifamily Investment
100 NE 10th Ter, Mulberry, FL 33860
10-unit multifamily property in Mulberry, Florida, with value-add potential.
Type:SPEC-OTH
Lot size:
1.00 Acre- Added:
- Feb 12, 2026
- Days on Market:
- 100
- Last Refresh:
- Apr 3 at 4:53 am
Property Features for 100 NE 10th Ter
General Information
- Standard status
- Active
- Lot size
- 1.00 Acre
- Property subtype
- SPEC-OTH
Listing agent Eric Ammon License #BK620314 (863) 272-7135
Listing office SVN | Saunders Ralston Dantzler (863) 272-7135
Listing date Feb 12, 2026
Source Realnex
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SVN | Saunders Ralston Dantzler
HighLights
- Tremendous value‑add opportunity through raising rents to market value and completing renovations.
- Proforma income conservatively projects over $150,000 annually.
- Property consists of 10 units in five duplex buildings on almost 1 acre.
- Convenient location in Mulberry, only 5 minutes from Lakeland, with excellent connectivity via N Church Ave/SR 37.
- Several units have been or are being rehabilitated.
- Tenants pay their own electric; landlord pays water and sewer.
Overview
This 10-unit multifamily property is located in Mulberry, Florida, approximately 5 minutes from Lakeland. The property features five duplex buildings, each containing two 2-bedroom, 1-bathroom units. A portion of the units have been fully renovated, with ongoing rehabilitation efforts. Situated on almost 1 acre, the property includes separate parking for each building and a central mailbox system. The location provides connectivity via N Church Ave/SR 37 in Mulberry. State Road 60 offers east-west access, and SR 37, also known as Florida Ave, runs through Lakeland. The property is zoned RL-4 in Unincorporated Polk County. Electric service is provided by TECO, while water and sewer are provided by the City of Mulberry. Tenants are responsible for their own electric bills, while the landlord covers water and sewer expenses. Each building has tenant parking. A central fenced trash receptacle is located on-site. All buildings have been recently pressure washed. The property is currently managed by a third-party company, with the potential for transition to new owner management. There are code enforcement issues at the property that are being addressed.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Mulberry
- County
- Polk
- State
- Florida
- Longitude
- -81.9730657
- Latitude
- 27.902423
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 10-unit multifamily property in Mulberry, Florida, with value-add potential.
Where is this apartment building located?
The property is located at 100 NE 10th Ter Mulberry, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Tremendous value‑add opportunity through raising rents to market value and completing renovations.; Proforma income conservatively projects over $150,000 annually.; Property consists of 10 units in five duplex buildings on almost 1 acre.
