Triplex with Remodeled
New
For Sale
$275,000
Pending
613 MARIANNA ROAD, Auburndale, FL 33823
A three-unit residential property offers a mix of one- and two-bedroom floor plans.
Property Size2,044 SF
Days on Market4
Property Features for 613 MARIANNA ROAD
General Information
Standard status
Pending
Size
2,044 SF
Property subtype
Triplex
Units
Unit Mix
2 x 1BR/1BA, 1 x 2BR/1.5BA
Multifamily Units
3
Amenities
0.26 acres, Dimensions: 85x131
Shingle
Septic Tank
Additional parcels description:, Parcel Number: 25-28-12-000000-031080, Public Survey Range: 25, Public Survey Section: 12, Annual Amount: $4,926.3, Tax Book Number: P-81, Legal Description: BEG NW COR OF NE1/4 OF NW1/4 RUN E 391.8 FT FOR POB S 181.39 FT E 85 FT N 181.27 FT W 85 FT TO POB LESS N 50 FT, Year: 2025, Zoning: R-3
Gross Income: $36,000
Central Air
Central
Listing ID: MFRP4940246, Standard Status: Pending, MLS Status: Pending, Property Subtype: Triplex, On market as of 2026-10-22, Off market as of 2026-10-22, Special Conditions: None
Blinds
4 total bedrooms
Built in 1982, Living area: 2044, Living area units: Square Feet, Construction Materials: Wood Siding
Subdivision: ACREAGE, MLS Area (Major): 33823 - Auburndale, County/Parish: Polk
4 total bathrooms
Cable Available, Electricity Connected, Water - Multiple Meters, Water Connected, Water Source: Public
Slab
Electricity, Trash Collection, Water
Road Surface: Paved
Private Entrance, Private Mailbox, Sidewalk
Ceiling Fans(s), Walk-In Closet(s), Window Treatments
Other equipment: Private Entrance
Building Details
Year Built
1982
Listing Agency:
KELLER WILLIAMS REALTY SMART 1
(863) 508-3000
Listed By:
Katherine Montana - De Jesus · License #3585745
(863) 656-6799
Source:
Miharaandassociates
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 24 at 4:38PM
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 KELLER WILLIAMS REALTY SMART 1
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Investment Insights
Based on property information with market context.
This 1982-built triplex contains 2,044 square feet across three apartments. Two units have one bedroom and one bathroom each, while the third has two bedrooms and one and a half bathrooms. One apartment has undergone a complete remodel.
Key Highlights
- Three‑unit property with 2,044 square feet
- Two 1‑bedroom, 1‑bathroom apartments
- One 2‑bedroom, 1.5‑bathroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,672
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,440
$433.4K
Cap Rate 7%
$309,600
$309.6K
Cap Rate 9%
$240,800
$240.8K
Market Conditions
NOI Build-Up for 2,044 SF
Gross rent
$33.1K $16.20/SF
− Vacancy
−$2.2K −$1.05/SF
EGI
$31.0K $15.15/SF
− OpEx
−$9.3K −$4.54/SF
NOI
$21.7K $10.60/SF
Area
Polk County, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,440
Cap Rate 7%
$309,600
Cap Rate 9%
$240,800
Alternative Uses
Best Use
Multifamily LT 5
$309.6K
$270.9K – $361.2K
NOI $21,672 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$276.6K
$242.0K – $322.7K
NOI $19,361 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$491.2K
$429.8K – $573.1K
NOI $34,383 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Explore this area
Business Placement
Demographics for 33823, FL
33,733
Population
15,383
Households
2.2
Avg Household Size
42
Median Age
17%
College-Educated
86%
High-School Grad
34.9 sq mi
ZIP Area
967
Density / Sq Mi
$64,248
Median Household Income
$39,187
Median Earnings
$1,068
Median Rent
$234,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - A three-unit residential property offers a mix of one- and two-bedroom floor plans.
Where is this triplex located?
The property is located at 613 MARIANNA ROAD Auburndale, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Three‑unit property with 2,044 square feet; Two 1‑bedroom, 1‑bathroom apartments; One 2‑bedroom, 1.5‑bathroom apartment
