300 Hibiscus Dr Sanford, FL 32773
Estimated payment $2,215/month
Total Views
14,353
4
Beds
3
Baths
1,350
Sq Ft
$267
Price per Sq Ft
Highlights
- No HOA
- Central Heating and Cooling System
- Ceiling Fan
- Seminole High School Rated A
About This Home
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!
Listing Agent
PREFERRED REAL ESTATE BROKERS Brokerage Phone: 407-440-4900 License #3270562 Listed on: 12/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,234
Year Built
- Built in 1926
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 140x58
Home Design
- Triplex
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,350 Sq Ft Home
- Ceiling Fan
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- Central Heating and Cooling System
- Thermostat
- Septic Tank
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot B
- Assessor Parcel Number 12-20-30-503-0000-00B0
Community Details
Overview
- No Home Owners Association
- 1,358 Sq Ft Building
- Flora Heights Subdivision
Building Details
- Gross Income $40,500
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,234 | $183,118 | $42,000 | $141,118 |
| 2023 | $2,585 | $138,703 | $0 | $0 |
| 2022 | $2,387 | $138,703 | $0 | $0 |
| 2021 | $2,091 | $114,631 | $25,000 | $89,631 |
| 2020 | $1,024 | $55,771 | $0 | $0 |
| 2019 | $946 | $50,943 | $0 | $0 |
| 2018 | $65 | $28,450 | $0 | $0 |
| 2017 | $55 | $27,865 | $0 | $0 |
| 2016 | $46 | $27,483 | $0 | $0 |
| 2015 | $38 | $27,102 | $0 | $0 |
| 2014 | $38 | $26,887 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Price Changed | $360,000 | -5.3% | $267 / Sq Ft |
| 08/28/2025 08/28/25 | For Sale | $380,000 | 0.0% | $281 / Sq Ft |
| 08/24/2025 08/24/25 | Pending | -- | -- | -- |
| 08/15/2025 08/15/25 | Price Changed | $380,000 | -3.8% | $281 / Sq Ft |
| 07/18/2025 07/18/25 | Price Changed | $395,000 | 0.0% | $293 / Sq Ft |
| 07/18/2025 07/18/25 | For Sale | $395,000 | +5.3% | $293 / Sq Ft |
| 07/01/2025 07/01/25 | Off Market | $375,000 | -- | -- |
| 04/28/2025 04/28/25 | Price Changed | $375,000 | -2.6% | $278 / Sq Ft |
| 03/10/2025 03/10/25 | Price Changed | $385,000 | -1.3% | $285 / Sq Ft |
| 02/10/2025 02/10/25 | Price Changed | $390,000 | -1.3% | $289 / Sq Ft |
| 01/26/2025 01/26/25 | Price Changed | $395,000 | -1.3% | $293 / Sq Ft |
| 12/27/2024 12/27/24 | For Sale | $400,000 | +56.9% | $296 / Sq Ft |
| 04/24/2023 04/24/23 | Sold | $255,000 | +13.3% | $202 / Sq Ft |
| 02/24/2023 02/24/23 | Pending | -- | -- | -- |
| 02/02/2023 02/02/23 | For Sale | $225,000 | +29.5% | $178 / Sq Ft |
| 09/01/2020 09/01/20 | Sold | $173,800 | -2.9% | $145 / Sq Ft |
| 08/11/2020 08/11/20 | Pending | -- | -- | -- |
| 08/05/2020 08/05/20 | Price Changed | $179,000 | -5.8% | $149 / Sq Ft |
| 07/07/2020 07/07/20 | For Sale | $190,000 | -- | $158 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $255,000 | Venture Title | |
| Warranty Deed | $173,800 | New Home Title Llc | |
| Warranty Deed | $71,000 | Legacy Title Group Llc | |
| Warranty Deed | $25,000 | Title Warehouses Of America | |
| Warranty Deed | $25,000 | -- | |
| Deed | $100 | -- | |
| Warranty Deed | $32,500 | -- | |
| Warranty Deed | $7,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $229,500 | Balloon | |
| Previous Owner | $25,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Sanford, FL
Source: Stellar MLS
MLS Number: O6266820
APN: 12-20-30-503-0000-00B0
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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