Appraised at $930,000 July 2024.
Discover a remarkable opportunity to own a multifamily income-producing property on a sprawling 5-acre estate in Sanford, Florida. This unique property includes three separate units with a total of 10 bedrooms and 5 bathrooms. Additionally, a charming tiny house serves as the third unit, adding to the income potential. Whether you're an investor or an owner-occupant, this property offers both space and income potential.
Income: Enjoy a substantial monthly income of $7,000, with two units rented currently at $2,500 each and a successful Airbnb operation generating approximately $2,000 a month.
Prime Location: Situated on a private, dead-end road in Sanford, Florida, this property offers the perfect blend of privacy and convenience.
Three Homes: The original log cabin home built in 1983, exudes character and charm, while the second home constructed in 2007, offers modern comfort. Updated Tiny Home features 3 sleeping areas, full kitchen and full bath.
Energy Efficiency: All homes were thoughtfully designed with energy-efficient features, including windows, central air conditioning, and gas/propane ranges. Separate septic tanks that have been cleaned and inspected in 2023.
Acreage and Amenities: The property includes a vast 5-acre lot with a substantial 50 x 65 barn, offering endless possibilities for use and storage.
Location: This serene retreat is conveniently located just half a mile from Lake Jessup, with easy access to the 417 Greenway. It's a short drive to excellent shopping and dining options in Lake Mary, Florida, and only 35 minutes from Orlando International Airport.
Unique Opportunity: Notably, this is the only multifamily income property on 5 acres in Seminole County priced under $1 million, making it an exclusive opportunity for savvy investors and owner-occupants alike.
Don't miss this rare chance to own a multifamily income property that combines spacious living on 5 acres with impressive monthly income potential. Contact us today to schedule a showing and explore this exceptional opportunity in Sanford, Florida.
Property Type(s):
Single Family
Last Updated
|
11/12/2024
|
Tract
|
DREWS SUB
|
Year Built
|
2007
|
Community
|
32773 - Sanford
|
County
|
Seminole
|
Price History
Prior to Oct 22, '24
|
$890,000 |
Oct 22, '24 - Nov 1, '24 |
$875,000 |
Nov 1, '24 - Nov 6, '24 |
$869,000 |
Nov 6, '24 - Nov 12, '24 |
$859,000 |
Nov 12, '24 - Today |
$830,000 |
Additional Details
AIR |
Central Air |
AIR CONDITIONING |
Yes |
APPLIANCES |
Dryer, Range, Refrigerator, Washer |
AREA |
32773 - Sanford |
BASEMENT |
Crawl Space |
CONSTRUCTION |
Log |
EXTERIOR |
Storage |
FIREPLACE |
Yes |
HEAT |
Central |
INTERIOR |
Open Floorplan, Walk-In Closet(s) |
LOT |
5.11 acre(s) |
SEWER |
Septic Tank |
STORIES |
2 |
SUBDIVISION |
DREWS SUB |
TAXES |
2408.8 |
UTILITIES |
Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Water Connected |
WATER |
Public |
Listing provided by Ivan Malpica, SAND DOLLAR REALTY GROUP INC, 407-389-7318
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/23/24 11:24 PM PST.
This IDX solution is (c) Diverse Solutions 2024.