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.

Listing courtesy of SAND DOLLAR REALTY GROUP INC 6363853699



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-20 08:00 PM EDT