509 W 11th St, Sanford, Florida 32771

  • $300,000

Overview

Property ID: HZO6193973
  • Duplex, Residential Income
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1250 Sqft
  • Area Size

Description

Welcome to the epitome of mid-century modern charm in the heart of Historic Downtown Sanford’s coveted golf cart district! This updated, turn-key duplex boasts two 1 Bedroom/1 Bath units and presents a great opportunity that’s ideal for investors or those seeking a live-and-rent opportunity. Both units in the duplex were rented out short term on Airbnb, and have separate entrances with smart locks that automatically sync new passcodes for each guest. The first-floor unit was renovated in 2020 and boasts waterproof luxury vinyl flooring, a newer 53 gallon water heater (2020), new interior doors, and has generated $32, 103 in gross rental income in 2023. While the second-floor unit was remodeled in 2019 and boasts vinyl flooring, stainless steel appliances, new cabinetry, an updated bathroom with tiled shower, a newer water heater (2019), and has generated $30, 548 in gross rental income in 2023. Combined gross rental income in 2023 was $62, 651. Please reach out directly for a full breakdown of 2023 earnings and expenses. The roof was replaced in 2018, and external breakers were recently installed for the lower and upper unit. The property consists of two separate electric meters and one water meter. The fully fenced in backyard has an additional storage shed and a back patio that was recently added (2019). General Commercial zoning may provide additional use possibilities! Situated a Short Distance from Downtown Historic Sanford, You Can Enjoy All Downtown has to offer -Restaurants, Breweries, Galleries, and the Marina. Bike and Golf Cart-Friendly Location. If You’re Looking to Experience Small-Town Living in the Heart of the City, this duplex provides a Comfortable and Updated Space within the Charm of Sanford’s Historic District. Whether you’re an investor, looking for a potential income stream, or seeking a unique and stylish place to call home, this duplex will check all the boxes. Schedule a viewing today!

  • Address: 509 W 11TH STREET
  • City: Sanford
  • State/county: FL
  • Zip/Postal Code: 32771
  • Area: SANFORD TOWN OF
  • Country: US

Details

Updated on June 17, 2024 at 1:27 am
  • Property ID HZO6193973
  • Price $300,000
  • Property Size 1250 Sqft
  • Land Area 0.14 Acres
  • Bedrooms 2
  • Bathrooms 2
  • Year Built 1930
  • Property Type Duplex, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional, FHA
  • Roof Shingle
  • Utilities BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Wall Furnance
  • Flooring Laminate, Luxury Vinyl, Tile
  • County Seminole
  • Property Type Residential Income
  • Parking Curb Parking, Golf Cart Parking, Off Street, On Street, Oversized, Parking Pad
  • Elementary School Hamilton Elementary
  • Middle School Markham Woods Middle
  • High School Seminole High
  • Community Features Golf Carts OK, Park, Playground, Sidewalks

Mortgage Calculator

Schedule a Tour

Your information

Video

360° Virtual Tour

Contact Information

View Listings
Jamie Stevens

Enquire About This Property

Similar Listings

Compare listings

Compare