$830,000
Reduced $29,000
Description
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.
Listed by Ivan Malpica, .
Property Highlights
- Heating / Cooling: Central
- Property Type: Single Family, Single Family Residence
- MLS #: O6250528
Room Information
| Fireplace Features | Yes |
| Flooring | Vinyl, Wood |
| Full Baths | 5 |
| Laundry | Electric Dryer Hookup, Laundry Room, Washer Hookup |
| Total Baths | 5 |
| Total Beds | 10 |
Property Features
| Appliances | Dryer, Range, Refrigerator, Washer |
| Basement | Crawl Space |
| Construction Materials | Log |
| Cooling | Central Air |
| Direction Faces | West |
| Exterior Features | Storage |
| Heating | Central |
| Interior Features | Open Floorplan, Walk-In Closet(s) |
| Interior Square Footage | 4,000 |
| Lot Size Acres | 5.11 |
| Lot Size Square Feet | 222,592 |
| Roof | Metal |
| Rooms | 3 |
| Sewer | Septic Tank |
| Stories | Two |
| Water Source | Public |
3D Tour
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