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100 NE 10th Ter Mulberry, FL 33860

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For Sale
$975,000

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:
55
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

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Listing Contact
Eric Ammon

Listing agent Eric Ammon License #BK620314

Listing office SVN | Saunders Ralston Dantzler

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


Overview

Mulberry Multifamily Investment Opportunity

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.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Mulberry
County
Polk
State
Florida
Longitude
-81.9730657
Latitude
27.902423

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.
More about this property
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