509 W 11th St

Sanford, FL 32771 View Map $291,000 Ask a Question
Beds2
Baths2
Sq.Ft.1,080
Year1930
Strata Group

Strata Group

(352) 720-6563

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Status: Sold
Property Type:Duplex
MLS #:O6193973
Sq. Feet:1,080
Date Sold:6/14/2024
Lot Size:5,900 Sq. Ft.
County:Seminole
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!

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
6/16/2024$300,000$291,000-3%

Community Information

Address:509 W 11th St, Sanford, FL 32771
Area:32771 - Sanford/Lake Forest
County:Seminole
City:Sanford
Subdivision:Sanford Town Of
Zip Code:32771

School Information

School System:Markham Woods Middle
High School:Seminole High
Middle School:Markham Woods Middle
Elementary School:Hamilton Elementary

Architecture

Bedrooms: 2
Bathrooms: 2
Year Built:1930
Stories:2
Construction Materials: Wood Frame, Wood Siding
Building Description: Corner Unit, End Unit
Construction Status: Completed
Flooring Types: Laminate, Luxury Vinyl, Tile
Roof: Shingle
Foundation: Slab
Parking Features: Curb Parking, Golf Cart Parking, Off Street, On Street, Oversized, Parking Pad

Features / Amenities

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
Appliances: Electric Water Heater, Microwave, Refrigerator
Flooring: Laminate, Luxury Vinyl, Tile
Furnished: Negotiable
Additional Rooms: Attic
Exterior Features: Fence, Garden, Sidewalk, Storage
Patio And Porch: Covered, Front Porch, Patio, Rear Porch
Green Energy Efficient: Appliances, HVAC, Roof, Water Heater
Other Structures: Shed(s), Storage
Parking: Curb Parking, Golf Cart Parking, Off Street, On Street, Oversized, Parking Pad
Cooling: Wall/Window Unit(s)
Heating: Wall Furnance
Air Conditioning: Wall/Window Unit(s)

Property Features

Lot Size: 0.14 Acres / 5,900 Sq. Ft.
Lot Dimensions:59x100
Lot Features: Corner Lot, Historic District, City Limits, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Private, Paved
Waterfront Feet: 0
Lot #: 1
Flood Zone: X
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Sewer: Public Sewer
Water: Public
Road Surface: Asphalt, Paved
Zoning:GC2
Directions:From 17-92 (French Avenue), turn east on 11th Street to property on right.
Pets Allowed: Cats OK, Dogs OK, Yes
Pet Restrictions: Please verify any pet restrictions with the City of Sanford.
Number of Pets: 10+
Pet Size: Extra Large (101+ Lbs.)

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $2,195.50
Ownership: Fee Simple
Financing Available: Cash, Conventional, FHA
Financing Available: Cash, Conventional, FHA
Homestead: Yes
Total Annual Fees: $0
Disclosures: Lead Paint, Other Disclosures, Seller Property Disclosure
Realtor Info: As-Is, Brochure Available, Docs Available, List Agent is Related to Owner, See Attachments, Sign

Schools

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Stellar MLS data last updated at July 17, 2024 10:30 PM EST.