Sold

300 Hibiscus Drive, Sanford, FL 32773

Beds
4
Baths
3
Sqft
1,358

View property features, location on map, relevant school information and overview from seller's agent.

Listed byPreferred Real Estate Brokers
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Overview

BACK ON THE MARKET AFTER RECENT RENOVATIONS! This single-family home was divided into three well-maintained units (2 ADUs). Two of the three units have already been FULLY REMODELED, and with some updates to the remaining 2-bedroom unit, you could raise the rent to maximize returns. With a total rental income of $3,375/month prior to renovations, there is significant upside potential to further increase your cash flow. Additional 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 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!

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
3
Square feet
1,358
Lot size (acres)
0.21
Year built
1926

Utilities

Heating
Central
Cooling
Central air
Sewer
Septic tank
Water
Public

Taxes

Tax Annual Amount (2024)
$3,233.57

Public schools

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Sourced from: Stellar MLS MLS®#: O6266820 Last checked:

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