UPDATED:
11/12/2024 08:13 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $207
Subdivision Drews Sub
MLS Listing ID O6250528
Bedrooms 10
Full Baths 5
HOA Y/N No
Originating Board Stellar MLS
Year Built 2007
Annual Tax Amount $2,408
Lot Size 5.110 Acres
Acres 5.11
Property Description
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.
Location
State FL
County Seminole
Community Drews Sub
Zoning A-1
Interior
Interior Features Attic Fan, Attic Ventilator, Ceiling Fans(s), Open Floorplan, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Vinyl, Wood
Fireplace true
Appliance Dryer, Range, Refrigerator, Washer
Laundry Electric Dryer Hookup, Laundry Room, Washer Hookup
Exterior
Exterior Feature Storage
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Public, Water Connected
Waterfront false
Roof Type Metal
Attached Garage false
Garage false
Private Pool No
Building
Entry Level Two
Foundation Crawlspace
Lot Size Range 5 to less than 10
Sewer Septic Tank
Water Public
Structure Type Log,Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Owner Financing, VA Loan
Listing Terms Cash, Conventional, FHA, Owner Financing, VA Loan
Special Listing Condition None
