Beds
3
Baths
2
Sq Ft
1,598 sq ft
Year Built
1956
Lot Size
0.30 acres
Garage
—
About This Property
Welcome to 303 Granada Rd in Auburndale—a versatile property packed with opportunity for homeowners and investors alike. This solid 3-bedroom, 2-bath residence sits on a spacious .30-acre lot and offers flexible living arrangements, including a private in-law suite or separate living area—perfect for multi-generational living or generating rental income. Inside, the split-bedroom floor plan provides both comfort and privacy. The main living and dining areas flow seamlessly into the kitchen and extend to an additional family room in the rear—creating a functional layout ideal for everyday living or entertaining. The primary bedroom is configured as the in-law suite, with its own private bathroom and separate entrance—ideal for guests, extended family, or added rental income potential. On the opposite side of the home, two additional bedrooms share a second full bathroom. Sliding glass doors lead out to a covered back patio, offering a great space to relax or entertain while overlooking the expansive backyard. This property also features covered parking for up to four vehicles, with excellent potential for investors to enclose the space and convert it into one or even two additional bedrooms. A metal storage shed with double doors sits in the backyard in good condition, providing convenient space for tools, equipment, or hobbies. Major system upgrades provide peace of mind, including a metal roof (installed approximately 2010–2011) in satisfactory condition, a fully updated A/C system (2022), a brand-new Rheem 40-gallon electric water heater (2025), and an updated electrical panel (2010) featuring Square D components and copper wiring. The home is serviced by septic tank, offering additional savings with no HOA restrictions. Zoned R-2, this property allows for flexible residential use, making it ideal for long-term tenants, short-term rental potential (subject to county regulations), or a combination of both. Conveniently located just four homes from a lake with public boat access, two blocks from an elementary school, and approximately one mile from Walmart and the main commercial area, the location adds even more appeal for both homeowners and investors. With a strong structural foundation and high investment potential, this is a rare opportunity to own a property that can adapt to your lifestyle or portfolio goals. Whether you’re looking to live, invest, or both—303 Granada Rd delivers space, flexibility, and value.
Property Overview
Interior Features
Exterior & Lot
Utilities
Parking
HOA & Community
Financial Details
Directions
I-4 W, Take exit 41 for FL-570 W toward Auburndale/Lakeland/Polk Pkwy, Continue onto FL-570 W/Polk Pkwy, Take the exit toward State Hwy 546/Dixie Hwy, Turn left onto State Hwy 546/Dixie Hwy, Continue to follow Dixie Hwy, Turn right onto N Berkley Rd, Turn left at the 1st cross street onto Granada Rd. Destination will be on the left.
Location
303 GRANADA ROAD, AUBURNDALE, FL 33823
Listing Information
Schedule a Showing
How to Buy This Home
Multiple financing options available for this $269,900 home in AUBURNDALE.
🏛️
FHA Loan
$9,447 Down
Government-backed, low down payment. Credit scores as low as 580.
🎖️
VA Loan
$0 Down
Zero down for eligible veterans, active duty, and military families.
🏦
Conventional
$13,495 Down
Traditional financing. As low as 3-5% down with good credit.
🌾
USDA Loan
$0 Down
Zero down for eligible rural areas. Income limits apply.
Florida Down Payment Assistance Programs
You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.
Florida Hometown Heroes
Up to $35,000
First-time buyers working in FL
FL Assist
Up to $10,000
FHA, VA, or USDA borrowers
FL HLP Second Mortgage
Up to $10,000
First-time buyers, 0% deferred
Polk County SHIP
Varies
Income-qualifying Polk residents
Can You Afford This Home?
Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.
Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: July 3, 2026.