1. Florida
  2. Sanford
  3. 318 S PALMETTO AVENUE
$1,477,700

318 S PALMETTO AVENUE, Sanford, FL 32771

  • 9 beds |
  • 9 baths |
  • 6,112 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $242/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

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 of long term, 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!

Listing Status:
Active
Date Added:
November 19, 2024 at 06:00AM
Listing Office:
PREMIUM PROPERTIES REAL ESTATE : 407-380-2800
Listing Agent:
Debbie Weaver : 407-230-9006
MLS ID:
O6245237
  • General: Built-in FeaturesCeiling Fan(s)High CeilingsSolid Wood CabinetsWindow Treatments
  • Appliances: Electric Water HeaterRangeRefrigerator
  • Laundry: Other
  • Flooring: TileVinylHardwood
  • A/C: Central AirOtherWall/Window Unit(s)
  • Heating: CentralOther
  • Eco/Green Feature: Irrigation-Reclaimed Water

This listing courtesy of Debbie Weaver, PREMIUM PROPERTIES REAL ESTATE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hamilton Elementary School of Engineering & Technology

1501 E 8th St, Sanford, FL, 32771

Grades KG-5

0.84 miles away

S

Sanford Middle School

1700 S French Ave, Sanford, FL, 32771

Grades 6-8

0.99 miles away

C

Crooms Academy of Information Technology

2200 Historic Goldsboro Blvd, Sanford, FL, 32771

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.