300 Hibiscus DRIVE, SANFORD, FL 32773 | MLS# O6266820 | Mamba Realty

SANFORD, FL 32773 300 Hibiscus DRIVE

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Presented By: PREFERRED REAL ESTATE BROKERS with 407-440-4900. - 407-440-4900
  • MLS# O6266820
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  • Beds • 5
  • Baths • 3
  • SQFT • 1,350

Home Details

This CASH-FLOWING gem offers the perfect chance to own a FULLY OCCUPIED property with three well-maintained units, generating a steady income stream. With a total current rental income of $3,375/month, there's significant upside potential to further increase cash flow. One of the three units has already been FULLY REMODELED, and with some updates to the remaining two 2-bedroom units, you could easily raise the rent and maximize returns. Recent 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 both IMMEDIATE CASH FLOW and FUTURE 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!
Presented By: PREFERRED REAL ESTATE BROKERS with 407-440-4900. - 407-440-4900

Interior Features for 300 Hibiscus DRIVE

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourceowner
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Laundry Featuresnone

General for 300 Hibiscus DRIVE

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Citysanford
Construction Materialswood frame
Coolingcentral air
Countyseminole
Directions417 to e airport blvd, right on sanford ave, right on hibiscus dr, property on the right
Exterior Featuresother
FULLfee simple
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income40500
HOAYes
Heatingcentral
Interior Featuresceiling fan(s), other, thermostat
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionw 100 ft of lot b + e 1/2 of vac st on w flora heights pb 3 pg 19
Levelsone
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet9148
Lot Size Unitssquare feet
MLS Area32773 - sanford
ModificationTimestamp2024-12-29t00:21:40.873z
New ConstructionNo
NumberOfUnitsTotal3
Occupancy Typetenant
Property Subtypetriplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerseptic tank
Standard Statusactive
Statusactive
Subdivision Nameflora heights
Tax Annual Amount3233.57
Tax Lotb
Tax Year2024
Total Actual Rent3375
Utilitieselectricity connected, public
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1926
Zoningsr1

Exterior for 300 Hibiscus DRIVE

Building Area Total1358
Foundation Detailscrawlspace
Lot Dimensions140 x 58
Lot Size Acres0.21
Lot Size Area9148
Number of Buildings1
Private PoolNo
Road Surface Typepaved
SpaNo
Water Sourcepublic

Additional Details

Price History

Jehad Bader

Broker
Price $400,000
MLS#O6266820
Property Type Income
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