Residential Income for Sale: 300 HIBISCUS DRIVE, SANFORD, FL 32773

5 beds
$400,000
$400,000
300 HIBISCUS DRIVE, SANFORD, FL 32773
5 beds
$400,000
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Price:
$400,000

Type Residential Income
Beds 5
Total Living Area 1,350 sqft
Lot Size 0.21 acres
Year Built 1926
Taxes Paid $3,233

City SANFORD
Area 32773 - Sanford
County Seminole
Subdivision FLORA HEIGHTS

MLS O6266820
Status Active
DOM 20 days
This CASH-FLOWING gem offers the perfect chance to own a FULLY OCCUPIED property with three well-maintained units, generating a steady income stream. With a total current rental income of $3,375/month, there's significant upside potential to further increase cash flow. One of the three units has already been FULLY REMODELED, and with some updates to the remaining two 2-bedroom units, you could easily raise the rent and maximize returns. Recent updates make this an even more attractive investment: a BRAND-NEW ROOF was installed in 2023, along with a NEW SEPTIC DRAIN FIELD, ensuring long-term reliability. The property has also been enhanced with a NEW FENCE and FRESH EXTERIOR PAINT, adding curb appeal and increasing desirability for tenants. While the charming tiny house shown in the photos is not included in the sale price, the owner is open to selling it separately. The tiny house is already connected to both electric and septic, making it an excellent opportunity to further boost monthly income by renting it out. Located in Sanford, a vibrant city known for its rich history, picturesque waterfront, and growing community, this property offers both IMMEDIATE CASH FLOW and FUTURE GROWTH POTENTIAL. Sanford’s historic downtown district, along with its proximity to major highways and the Orlando area, makes it a highly desirable location for tenants. This property is a must-see for savvy investors looking to secure a stable income-producing asset with room for growth. Don’t miss out on this opportunity to build your portfolio in one of Central Florida’s up-and-coming areas!

Virtual Tours for 300 HIBISCUS DRIVE SANFORD, FL

Lot & Building Features

Construction Wood Frame
Cooling Central Air
Heating Central
Interior Decor Ceiling Fans(s), Thermostat, Other
Sewer Septic Tank
Tax Year 2024
Taxes Paid $3,233
Water Public
Lot Dimensions 140x58 ft

Price History of 300 HIBISCUS DRIVE, SANFORD, FL

Date Name Price Difference
12/31/1969 Listing Price $400,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 300 HIBISCUS DRIVE, SANFORD, FL

Location Map Street View
Photo of Sherri McNeely
Office
1201 6th Ave W
Bradenton, FL 34205
888-804-9992
Listed by PREFERRED REAL ESTATE BROKERS, Dustin Klath
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300 HIBISCUS DRIVE (MLS #O6266820) is a residential income listing located in SANFORD, FL. This is a residential income listing with a lot of 9,148 sqft (or 0.21 acres). This property was listed on 12/27/2024 and has been priced for sale at $400,000.

Nearby zip codes are 32746 and 32771. This property neighbors other cities such as Lake Mary.

Stellar MLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: PREFERRED REAL ESTATE BROKERS