700 E Airport Boulevard Unit A5, Sanford, FL 32773
- $103,000
- 1
- BD
- 1
- BA
- 726
- SqFt
- Sold Price
- $103,000
- List Price
- $109,900
- Status
- Sold
- Days on Market
- 27
- Closing Date
- Feb 27, 2026
- MLS#
- O6371429
- Property Style
- Condo
- Year Built
- 1973
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 726
- Lot Size
- 1,000
- Acres
- 0.10
- Building Name
- A
- Legal Subdivision Name
- Sandlewood Condo
- MLS Area Major
- Sanford
Property Description
Dreams Do Come True! Cash flow from day one. Priced at $109,900 and already rented at $1,350/month, this property produces $16,200 annually, offering an outstanding ~14.7% gross yield and ~6.8 GRM. Ideal for investors seeking strong returns in today’s market. This 1 bedroom, 1 bathroom condo in a prime Sanford location already rented. The outstanding tenant would love to remain after the lease expires at the end of July 2026, providing built-in stability and immediate cash flow from day one. This unit is located in a spectacular low-HOA community known for its lush landscaping, meticulously maintained buildings and grounds, and an oversized community pool that creates a visually pleasing place to come home to every day. Inside, you’ll find newer luxury vinyl plank flooring throughout, a bright living room with a large window overlooking the covered front patio, a dining area and kitchen with newer refrigerator and white appliances, and the convenience of an in-unit washer and dryer. The bedroom features a ceiling fan and walk-in closet, while the bathroom includes a tub/shower combo with a recently resurfaced bathtub. Additional upgrades include a hot water heater only two years old, a brand new front door with smart keypad lock and LED lighting, and a new screen door. Conveniently located near 17-92, Hwy 417, and just minutes to I-4, with easy access to Lake Mary, shopping, restaurants, and entertainment, this is a rare opportunity for savvy investors seeking strong returns and future owner-occupants looking to own for less than today’s rental prices as rates come down.
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Additional Information
- Taxes
- $1834
- Minimum Lease
- 1-2 Years
- Hoa Fee
- $275
- HOA Payment Schedule
- Monthly
- Maintenance Includes
- Pool
- Community Features
- Pool, No Deed Restriction
- Property Description
- One Story
- Zoning
- MR3
- Interior Layout
- Walk-In Closet(s)
- Interior Features
- Walk-In Closet(s)
- Floor
- Other
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Washer
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Water Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Balcony
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Community
- Garage Features
- Open
- Pets
- Allowed
- Max Pet Weight
- 50
- Floor Number
- 2
- Flood Zone Code
- X
- Parcel ID
- 01-20-30-507-0A00-0050
- Legal Description
- UNIT 5 BLDG A SANDLEWOOD CONDOMINIUM ORB 985 PG 900
Listing courtesy of INVESTOR'S REAL ESTATE LLC. 407-688-4355
Selling Office: INVESTOR'S REAL ESTATE LLC.Mortgage Calculator
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