$395,000
PENDING $20K PRICE DROP

Estimated payment $2,333/month

Total Views 5,139
-- Bed
16 Baths
1,770 Sq Ft
$223 Price per Sq Ft

Highlights

  • No HOA
  • Awning
  • Level Lot
  • Seminole High School Rated A
  • Central Heating and Cooling System
  • Walk-Up Access

About This Home

Under contract-accepting backup offers. Back on market! Calling all investors!!! Perfect location for any retail shop, office, nail spa, hair salon, cigar shop, or any kind of business. There are 4 units in one building and all 4 of them are leased, monthly income is approximately $2,300.00. It has the potential of much higher income. Newly painted. Each of these 4 units has its own bathroom, and Unit C has a shower plus plumbed for a sink outside. There are 4 separate electrical meters for each of the 4 units, and only 1 water meter for the whole building. The annual operating expense of $4,500.00 includes property tax, insurance, as well as the water usage which is about $150.00 monthly for all 4 units. Close to the Sanford Historic District and Lake Monroe, off 17-92 and Park Drive. Rare find with tremendous potential, don't wait!

Listing Agent

Hazel Sun

RE/MAX 200 REALTY Brokerage Phone: 407-629-6330 License #554103 Listed on: 10/26/2024

RE/MAX 200 REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 1960

Lot Details

  • 7,261 Sq Ft Lot
  • Lot Dimensions are 73x136x47x138
  • Level Lot

Parking

  • Common or Shared Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 16 Bathrooms
  • 1,770 Sq Ft Home
  • Awning
  • Walk-Up Access

Additional Features

  • HVAC UV or Electric Filtration
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,022 Sq Ft Building
  • Dreamwold Subdivision

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Operating Expense $4,500
  • Gross Income $23,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,824

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1770
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 2022
  • Lot Size Sq Ft: 7261
  • Number Of Lots: 1
  • Tenant Pays: Electricity
  • Directions to Property: Go North on 17-92. Right - Park Dr. Left - Oak Ave. Property on Left.
  • Status: Pending
  • Street Direction: S
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Orlando
  • Escrow Postal Code: 32804
  • Escrow State: FL
  • Escrow Street Name: Edgewater Drive
  • Escrow Street Number: 2630
  • List Office Head Office Key Nume: 1050539
  • RATIO Current Price By Calculate: 223.16
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Property Description: Walk-Up
  • MFR_DockYN: 0
  • Attribution Contact: 407-629-6330
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Levels: One
  • Window Features: Aluminum Frames
  • Street Number Modifier: 2510
  • Living Area Meters: 164.44

Exterior Features

  • Exterior Features: Awning(s), Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: None
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2007-09-28
  • Flood Zone Panel: 12117C0070F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common

Utilities

  • Utilities: Electricity Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: GC2
  • Parcel Number: 01-20-30-504-0100-0140
  • Additional Parcels: No
  • Lot Features: City Limits, Level, Paved
  • Lot Dimensions: 73x136x47x138
  • Property Attached Yn: No
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 675

Green Features

  • Green Indoor Air Qlty: HVAC UV/Elec. Filtration
  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 2300

Multi Family

  • Gross Income: 23100
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 1
  • Unit Count: 1
  • Total Monthly Expenses: 346

Tax Info

  • Tax Annual Amount: 1824
  • Tax Block: 1
  • Tax Book Number: 4-30
  • Tax Lot: 14

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,787 $112,991 -- --
2023 $1,787 $102,719 $28,826 $73,893
2022 $1,787 $101,630 $27,737 $73,893
2021 $1,787 $97,963 $25,414 $72,549
2020 $1,816 $98,893 $0 $0
2019 $1,776 $95,600 $0 $0
2018 $1,704 $90,786 $0 $0
2017 $1,658 $87,073 $0 $0
2016 $1,773 $87,073 $0 $0
2015 $1,829 $89,866 $0 $0
2014 $1,168 $58,641 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $395,000 0.0% $223 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
12/23/2024 12/23/24 Price Changed $395,000 -4.8% $223 / Sq Ft
10/26/2024 10/26/24 For Sale $415,000 -- $234 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 Attorney
Interfamily Deed Transfer -- Attorney
Deed $100 --
Deed $100 --
Quit Claim Deed -- None Available
Quit Claim Deed $100 --
Quit Claim Deed $2,300 --
Warranty Deed $100 --
Warranty Deed $38,000 --
Quit Claim Deed $100 --
Quit Claim Deed $100 --
Quit Claim Deed $200 --
Quit Claim Deed $100 --
Warranty Deed $25,000 --
Source: Public Records

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APN: 01-20-30-504-0100-0140