Address
509 W 11th STREET, SANFORD, FL
Price
$ 300,000
Property Attributes
  • MLS#O6193973
  • TypePending
  • CountySEMINOLE
  • CitySANFORD
  • AreaSanford-Lake Forest
  • NeighborhoodSanford Town Of
  • Zip32771
  • StyleDuplex
  • Year Built1930
  • Taxes$ 2195
  • Price$ 300,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1080
  • Lot Size6,098 SqFt
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. 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!

Elementary School Middle School High School
Hamilton Elementary Markham Woods Middle Seminole High
Price History
4/7/2024 Listed $300,000

General Features

Interior Features Built-in Features,Ceiling Fan(s),Eating Space In Kitchen,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,PrimaryBedroom Upstairs,Solid Surface Counte
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
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
Roof Shingle
Appliances Electric Water Heater,Microwave,Refrigerator
Exterior Features Fenced,Garden,Sidewalk,Storage
Zoning GC2
Patio/Porch Features Covered,Front Porch,Patio,Rear Porch
Construction Materials Wood Frame,Wood Siding
Pets Allowed Cats OK,Dogs OK,Yes
Year Built 1930
Levels Two
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Community Features Golf Carts OK,Park,Playground,Sidewalks
County Seminole
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient Appliances,HVAC,Roof,Water Heater
Subdivision Name SANFORD TOWN OF
Garage Y/N No
Other Structures Shed(s),Storage
Status Pending
Directions From 17-92 (French Avenue),turn east on 11th Street to property on right.
High School Seminole High
City SANFORD
Buyer Agent Compensation 2%
Senior Community Y/N No
Total Units 2
MLS Area 32771 - Sanford/Lake Forest
Lot Size Square Feet 5900
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 11th
Listing Terms Cash,Conventional,FHA
Elementary School Hamilton Elementary
Tax Annual Amount 2195.5
Middle/Junior High School Markham Woods Middle
Property Condition Completed
Public Remarks Under contract-accepting backup offers. 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
Lease Considered Y/N Yes
Virtual Tour https://www.zillow.com/view-imx/d45a7cfa-fc93-431d-afeb-caecdab1f59d?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Days on Market 8
Standard Status Pending
Tax Lot 1
Virtual Tour https://www.zillow.com/view-imx/d45a7cfa-fc93-431d-afeb-caecdab1f59d?setAttribution=mls&wl=true&initialViewType=pano
Legal Description W 1/2 OF LOTS 1 + 2 BLK 13 TR 8 TOWN OF SANFORD PB 1 PG 57
Pet Size Limit Extra Large (101+ Lbs.)
Minimum Lease No Minimum
Water Access Y/N No
Additional Rooms Attic
Water View Y/N No

Interior Features

Flooring Laminate,Luxury Vinyl,Tile
Furnished Y/N Negotiable
Common Walls Corner Unit,End Unit
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Laundry Features None
Total Bedrooms 2
LivingAreaSource Public Records
Total Baths 2
Living Area Units Square Feet

Exterior Features

Parking Features Curb Parking,Golf Cart Parking,Off Street,On Street,Oversized,Parking Pad
Lot Features Corner Lot,Historic District,City Lot,Landscaped,Level,Near Golf Course,Near Marina,Near Public Transit,Oversized Lot,Private
Water Source Public
Lot Size Area 5900
Foundation Details Slab
Number of Buildings 1
Building Area Total 1250
Lot Dimensions 59 x 100
Lot Size Acres 0.14
Road Surface Type Paved,Asphalt
Lot Size Units Square Feet
Road Frontage Type Street Paved
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 32771

Price
AVG $490K
$300K
Taxes
AVG $3,154
$2,195
Visits
AVG 385
208
Data Provided by Inside Real Estate®
Year Built
AVG 2000
1930

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