Active
318 S PALMETTO AVE
SANFORD FL, 32771
$1,577,700
$258.13 per sqft
Active
9 Beds
9 Baths
6,112 sqft
Multi-family
Built in 1901
The Sirrine House is one of the most Historic buildings in the city. It is the oldest hotel still standing in Sanford. It was converted to apartments in 1929. It's located just 2 blocks south of 1st Street and 4 from beautiful Lake Monroe and the St Johns Riverwalk. This 9/10 unit apartment building is loaded with History and Charm on .34 acres in the heart of Downtown. Eight units have refinished original hardwood floors, some wood doors with glass knobs, many boast 10 foot ceilings, picture rails and plenty of natural light and windows. Other historic features include, claw foot tubs, drain board kitchen sinks, tin ceilings and walls. Also, built in cabinets and wardrobes in the bedrooms. There are porches and balconies with tree top views surrounding the building. There is an outside paver patio area for residents to use under the beautiful oak tree. What's not to love about Historic Sanford! It's an amazing walking community with unique shops, award winning restaurants, so many night spots with live music and micro breweries. The building has many updates: Re-piped, metal roofs replaced, refinished original hardwood floors, gutters, intellijack steal supports, fire alarm panel, cellular communicator, fire sprinkler system and on going repairs and maintenance. Over the years the property has experienced excellent occupancy and many long-term tenants with rents received on or before the 1st of the month. THREE OF THE UNITS ARE FURNISHED with higher rental rates. Several rents are lower than market value because long term of amazing tenants. There is an unfinished 10th unit. This is a Terrific opportunity to own an Income Property in the Heart of Historic Sanford, A MUST SEE!
O6245237
MLSⓇ ID
November 19, 2024
Listed
November 22, 2024
Updated
Map
318 S PALMETTO AVE
SANFORD FL, 32771
Interior Features
Total Stories
2
Bedrooms
9
Total Bathrooms
9
Interior Features
Built-in Features, Ceiling Fans(s), High Ceilings, Solid Wood Cabinets, Window Treatments
Appliances
Electric Water Heater, Range, Refrigerator
Laundry Description
Other
Floor Description
Tile, Vinyl, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Other, Wall/Window Unit(s)
Heating
Yes
Heating Description
Central, Other
Exterior/Building Features
Lot Size
0.34 Acres
Exterior Features
Balcony, Courtyard, Irrigation System, Rain Gutters, Sidewalk
Lot Features
Corner Lot, Historic District, City Limits, Landscaped, Near Marina, Oversized Lot, Sidewalk
Roof
Metal, Shingle
Sewer
Public Sewer
Other Property Details
Area Name
32771 - Sanford/Lake Forest
Taxes
$9,211
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
No
View
Yes
View Description
City, Garden
County
Seminole
Municipality
19
Water Source
Public
Pool
No
Zoning
SC3
Listed by PREMIUM PROPERTIES REAL ESTATE
Listing Contact: 407-380-2800
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Data last updated 11/22/2024, 7:53 AM UTC