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    1600 W Derby Ave Auburndale, FL 33823

    For Sale
    $329,900

    Remodeled commercial building with two residential units near downtown.

    Lot size:
    0.48 Acres

    Property Features for 1600 W Derby Ave

    General Information

    Lot size
    0.48 Acres

    Building Details

    Year built
    1970

    Source: HUT TEAM REALTY Agent Daniel Hut

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building with Residential Units

    This remodeled commercial building includes two separate one-bedroom, one-bathroom apartments. Located close to downtown Auburndale, it is also minutes away from Winter Haven and Lakeland. The front of the building features a commercial space consisting of two separate offices and two separate restrooms. Behind the commercial area are the two residential spaces. The property offers plenty of parking spaces. It is suitable for investors looking to rent all three spaces or use one and rent the others. The intended use of the property is for commercial and residential purposes. Seller financing is available with a 30% down payment. The estimated rental income if rented separately is approximately $5000/month.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburndale
    County
    Polk
    State
    Florida
    Longitude
    -81.8056739
    Latitude
    28.0555004

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    FAQs

    What type of property is this?
    Mixed-use property - Remodeled commercial building with two residential units near downtown.
    Where is this mixed-use property located?
    The property is located at 1600 W Derby Ave Auburndale, FL.
    What is the asking price?
    The asking price for this property is $329,900.
    What are key features of this property?
    This property features: - Commercial space plus two residential units offer diverse income streams or owner-occupancy options.; - Potential rental income of approximately $5000/month.; - **Fully remodeled building**, minimizing immediate renovation costs.
    (863) 400-6090
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    1600 W Derby Ave Auburndale, FL 33823
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1600 W Derby Ave Auburndale, FL 33823
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