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.