509 W 11TH ST, Sanford, FL 32771 – O6193973 - Keith Houtz

$291,000

$300,000

3.0%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment -/mo

2 Beds

2 Baths

1,080 SqFt

SOLD DATE : 06/14/2024

Key Details

Sold Price $291,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $269

Subdivision Sanford Town Of

MLS Listing ID O6193973

Sold Date 06/14/24

Bedrooms 2

Construction Status Appraisal,Financing,Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1930

Annual Tax Amount $2,195

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 59x100

Property Description

Welcome to the epitome of mid-century modern charm in the heart of Historic Downtown Sanford's coveted golf cart district! This updated, turn-key duplex boasts two 1 Bedroom/1 Bath units and presents a great opportunity that’s ideal for investors or those seeking a live-and-rent opportunity. Both units in the duplex were rented out short term on Airbnb, and have separate entrances with smart locks that automatically sync new passcodes for each guest. The first-floor unit was renovated in 2020 and boasts waterproof luxury vinyl flooring, a newer 53 gallon water heater (2020), new interior doors, and has generated $32,103 in gross rental income in 2023. While the second-floor unit was remodeled in 2019 and boasts vinyl flooring, stainless steel appliances, new cabinetry, an updated bathroom with tiled shower, a newer water heater (2019), and has generated $30,548 in gross rental income in 2023. Combined gross rental income in 2023 was $62,651. Please reach out directly for a full breakdown of 2023 earnings and expenses. The roof was replaced in 2018, and external breakers were recently installed for the lower and upper unit. The property consists of two separate electric meters and one water meter. The fully fenced in backyard has an additional storage shed and a back patio that was recently added (2019). General Commercial zoning may provide additional use possibilities! Situated a Short Distance from Downtown Historic Sanford, You Can Enjoy All Downtown has to offer -Restaurants, Breweries, Galleries, and the Marina. Bike and Golf Cart-Friendly Location. If You're Looking to Experience Small-Town Living in the Heart of the City, this duplex provides a Comfortable and Updated Space within the Charm of Sanford's Historic District. Whether you're an investor, looking for a potential income stream, or seeking a unique and stylish place to call home, this duplex will check all the boxes. Schedule a viewing today!

Location

State FL

County Seminole

Community Sanford Town Of

Zoning GC2

Rooms

Other Rooms Attic

Interior

Interior Features Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets

Heating Wall Furnance

Cooling Wall/Window Unit(s)

Flooring Laminate, Luxury Vinyl, Tile

Furnishings Negotiable

Fireplace false

Appliance Electric Water Heater, Microwave, Refrigerator

Laundry None

Exterior

Exterior Feature Fence, Garden, Sidewalk, Storage

Garage Curb Parking, Golf Cart Parking, Off Street, On Street, Oversized, Parking Pad

Community Features Golf Carts OK, Park, Playground, Sidewalks

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected

Waterfront false

Roof Type Shingle

Porch Covered, Front Porch, Patio, Rear Porch

Garage false

Private Pool No

Building

Lot Description Corner Lot, Historic District, City Limits, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Private, Paved

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Wood Frame,Wood Siding

New Construction false

Construction Status Appraisal,Financing,Inspections

Schools

Elementary Schools Hamilton Elementary

Middle Schools Markham Woods Middle

High Schools Seminole High

Others

Pets Allowed Cats OK, Dogs OK, Yes

Senior Community No

Pet Size Extra Large (101+ Lbs.)

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Num of Pet 10+

Special Listing Condition None

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Keith Houtz

keithhoutz@outlook.com +1(727) 415-4982

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by PREFERRED REAL ESTATE BROKERS
Bought with LPT REALTY, LLC

Since 2005, I have lived and helped clients in the Tampa Bay area, covering Pasco, Pinellas, Hernando, and Hillsborough Counties. I know and stay tuned into the developing and growing areas of Tampa Bay. Experience, Integrity, and Professionalism.
Review any of my testimonials from past clients.
I work for you and to your best interest.
Contact me directly today.
Live Your Best Life!

+1(727) 415-4982

keithhoutz@outlook.com

3903 Northdale Blvd Suite 100E, Tampa, FL, 33624, United States

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