$1,477,700 for Sale
318 s palmetto avenue, sanford, FL 32771
| Beds 9 | Baths 9 | 6,112 Sqft | 0.34 Acres |
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1 of 52 |
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!
General Information
Sale Price: $1,477,700
Price/SqFt: $242
Status: Active
MLS#: O6245237
City: sanford
Post Office: sanford
County: Seminole
Subdivision: sanford town of
Acres: 0.34
Bedrooms:9
Bathrooms:9
House Size: 6,112 sq.ft.
Acreage: 0.34 est.
Year Built: 1901
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Wood Frame
Exterior Misc: Balcony, Courtyard, Irrigation System, Rain Gutters, Sidewalk
Basement: No
Foundation : Crawlspace, Pillar/Post/Pier
Appliances: Electric Water Heater, Range, Refrigerator
Cooling: Central Air, Other, Wall/Window Unit(s)
Heating: Central, Other
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $9,211
Legal Description: S 3/4 OF LOT 5 + ALL LOTS 6 7 + 8 BLK 5 TR 2 TOWN OF SANFORD PB 1 PG 58
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Debbie Weaver of PREMIUM PROPERTIES REAL ESTATE, Phone: 407-380-2800
