300 Hibiscus Drive, Sanford, FL 32773
- $305,000
- 4
- BD
- 3
- BA
- 1,350
- SqFt
- Sold Price
- $305,000
- List Price
- $360,000
- Status
- Sold
- Days on Market
- 267
- Closing Date
- Dec 29, 2025
- MLS#
- O6266820
- Property Style
- Triplex
- Year Built
- 1926
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,350
- Lot Size
- 9,148
- Acres
- 0.21
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Flora Heights
- MLS Area Major
- Sanford
Property Description
BACK ON THE MARKET AFTER RECENT RENOVATIONS! This single-family home was divided into three well-maintained units (2 ADUs). Two of the three units have already been FULLY REMODELED, and with some updates to the remaining 2-bedroom unit, you could raise the rent to maximize returns. With a total rental income of $3,375/month prior to renovations, there is significant upside potential to further increase your cash flow. Additional 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 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!
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Additional Information
- Taxes
- $3233
- Annual Gross Income
- 40500
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- SR1
- Interior Layout
- Ceiling Fans(s), Other, Thermostat
- Interior Features
- Ceiling Fans(s), Other, Thermostat
- Utilities
- Electricity Connected, Public
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Frame
- Exterior Features
- Other
- Roof
- Shingle
- Foundation
- Crawlspace
- Pool
- No Pool
- Flood Zone Code
- x
- Parcel ID
- 12-20-30-503-0000-00B0
- Legal Description
- W 100 FT OF LOT B + E 1/2 OF VAC ST ON W FLORA HEIGHTS PB 3 PG 19
Listing courtesy of PREFERRED REAL ESTATE BROKERS. 407-440-4900
Selling Office: LPT REALTY, LLC.Mortgage Calculator
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