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$1,577,700
4 Days On Site

318 S PALMETTO AVENUE
SANFORD, FL 32771

For Sale|Multi Family|Active
9
Beds
9
Full Baths
0
Partial Baths
6,112
SqFt
$258
/SqFt
1901
Built
Subdivision:
SANFORD TOWN OF
County:
Seminole
Call Now: (850) 757-3681
Is this the home for you? We can help make it yours.
(850) 757-3681
318 S PALMETTO AVENUE318 S PALMETTO AVENUE318 S PALMETTO AVENUE318 S PALMETTO AVENUE
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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!

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Listing Snapshot
Price 
$1,577,700
Days On Site 
4 Days
Bedrooms 
9
Inside Area (SqFt) 
6,112 sqft
Total Baths 
9
Full Baths 
9
Partial Baths 
N/A
Lot Size 
0.34 Acres
Year Built 
1901
MLS® Number 
O6245237
Status 
Active
Property Tax 
$9,211
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoStatus changed to Active
5 days agoListing first seen on site
General Features
Acres 
0.34
Disclosures 
Lead Paint
Foundation 
Pillar/Post/Pier
Property Sub Type 
Multi Family
Security 
Fire AlarmFire Sprinkler SystemSmoke Detector(s)
Sewer 
Public Sewer
Stories 
Two
Utilities 
Other
Water Source 
Public
Zoning 
SC3
Interior Features
Appliances 
Electric Water HeaterRangeRefrigerator
Basement 
Crawl Space
Cooling 
Central AirOtherWall/Window Unit(s)
Flooring 
TileVinylWood
Heating 
CentralOther
Interior 
Built-in FeaturesHigh Ceilings
Laundry Features 
Other
Window Features 
BlindsDrapes
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Exterior Features
Exterior 
BalconyCourtyardRain Gutters
Lot Features 
Corner LotLandscaped
Patio And Porch 
CoveredFront PorchScreened
Roof 
MetalShingle
View 
CityGarden
Waterview 
CityGarden
Windows/Doors 
BlindsDrapes
Community Features
Financing Terms Available 
CashConventional
MLS Area 
32771 - Sanford/Lake Forest
Roads 
Asphalt
Township 
19
Listing courtesy of PREMIUM PROPERTIES REAL ESTATE 4072309006



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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