SANFORD, FL 32771 318 S PALMETTO AVENUE

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Presented By: PREMIUM PROPERTIES R.E SERVICE with 407-380-2800. - 407-380-2800
  • MLS# O6245237
  • 11/19/2024
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  • Beds • 9
  • Baths • 9
  • SQFT • 6,112

Home Details

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!
Presented By: PREMIUM PROPERTIES R.E SERVICE with 407-380-2800. - 407-380-2800

Interior Features for 318 S PALMETTO AVENUE

Bedrooms

Total Bedrooms9

Bathrooms

Total Baths9

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringtile, vinyl, hardwood
Heating Y/NYes
Interior Amenitiesbuilt-in features, ceiling fan(s), high ceilings, solid wood cabinets, window treatments
Laundry Featuresother
Window Featuresblinds, drapes

General for 318 S PALMETTO AVENUE

Additional Parcels Y/NNo
Applianceselectric water heater, range, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Citysanford
Construction Materialswood frame
Coolingcentral air, other, wall/window unit(s)
Countyseminole
Directionsi-4 to sr 46 toward historic sanford. go 4 miles it turns into 1st street. turn right on palmetto ave and two blocks to 318 s palmetto ave is on the right.
DockY/NNo
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Green Water Conservationirrigation-reclaimed water
HOANo
Heatingcentral, other
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptions 3/4 of lot 5 + all lots 6 7 + 8 blk 5 tr 2 town of sanford pb 1 pg 58
Levelstwo
Listing Termscash, conventional, owner may carry
Living Area Unitssquare feet
Lot Size Square Feet14742
Lot Size Unitssquare feet
MLS Area32771 - sanford/lake forest
ModificationTimestamp2025-07-07t22:09:36.410z
New ConstructionNo
Number Of Units Total9
Occupancy Typetenant
Ownershipfee simple
Patio/Porch Featurescovered, front porch, screened
Property Conditioncompleted
Property Subtypemulti family
Property Typeresidential income
Roofmetal, shingle
Security Featuresfire alarm, fire sprinkler system, smoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namesanford town of
Tax Annual Amount9211
Tax Lot5
Tax Year2023
Tenant Payselectricity
Utilitiesother
Viewcity, garden
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1901
Zoningsc3

Exterior for 318 S PALMETTO AVENUE

Exterior Amenitiesbalcony, courtyard, irrigation system, rain gutters, sidewalk
Foundation Detailscrawlspace, pillar/post/pier
Lot Featurescorner lot, historic district, city lot, landscaped, near marina, oversized lot, sidewalk
Lot Size Acres0.34
Lot Size Area14742
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Water Meters2
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Andre LaFountain

Realtor / Coach
Price $1,477,700
MLS#O6245237
List Date 11/19/2024
Property Type Income
Phone 518.569.7173
Request Tour
Request Info
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Location
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