$499,000
3851 S SANFORD AVE, SANFORD, FL 32773
ActiveProperty details
About this home
PRICE IMPROVEMENT on this INCOME PRODUCING PROPERTY! Check it out: THREE RESIDENCES on one property! This home site appeals to INVESTORS and MULTI-GENERATIONAL FAMILIES due to the RARE compound-style property situated on an expansive .47-acre lot, offering exceptional versatility, privacy, and incredible INCOME-PRODUCING potential with NO HOA. This homesite offers THREE UNIQUE BUILDINGS, all with their own kitchen/bath/living space to meet the needs of a variety of residents. Whether you're looking for a multi-generational living arrangement, investment opportunity, or a combination of both, this one-of-a-kind property checks every box. PRICED BELOW the 2024 appraisal! The beautifully updated and maintained main residence features 2 bedrooms and 1 bathroom with a spacious living room, dining area, eat-in kitchen, and a bright Florida sunroom. Inside you'll find upscale finishes throughout, including elegant coffered ceilings, recessed lighting, stainless steel appliances, and thoughtful design touches that create a warm, inviting atmosphere. The spacious Florida room offers excellent potential to be converted into a third bedroom and second bathroom, providing even more living space and adding significant value. The home also includes a 1-car garage and a durable metal roof. Just steps away is a detached 1-bedroom, 1-bath in-law apartment complete with its own living room, kitchen, and dining area, providing the perfect private space for extended family or rental income. A third detached building offers an efficiency-style studio apartment featuring a full bathroom and kitchenette, creating yet another opportunity for guests, a home office, or additional rental revenue. Car enthusiasts, hobbyists, and business owners will appreciate the massive garage attached to the in-law building, capable of accommodating up to four vehicles. With convenient front and rear garage doors and covered metal carports on both sides, there's ample space for vehicles, boats, equipment, or workshop use. Adding even more value, the property includes an RV 50 amp hookup, allowing for RV parking or the potential to generate additional income from RV accommodations. With multiple living spaces, extensive parking, and endless possibilities on nearly half an acre, this unique property is ideal for investors, multi-generational families, or anyone seeking a flexible lifestyle with outstanding income potential. Upgrades including roof, hot water heater, electrical, plumbing, and windows are estimated 2019/2020. Opportunities like this are few and far between—schedule your showing today!
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR801935137. Listing brokerage: FLORIDA REALTY INVESTMENTS. Status: Active.
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