Active

$869,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 4000 sq ft
Overview
  • ID: MFRO6160242
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 4000 sq ft
Property Details
Remarks
BACK ON THE MARKET: no fault to seller, buyers financing fell through. Appraised at $930,000 July 2024. Motivated Seller. Discover a remarkable opportunity to own a multifamily income-producing property on a sprawling 5-acre estate in Sanford, Florida. This unique property includes three separate units with a total of 10 bedrooms and 5 bathrooms. Additionally, a charming tiny house serves as the third unit, adding to the income potential. Whether you're an investor or an owner-occupant, this property offers both space and income potential. Income: Enjoy a substantial monthly income of $7,000, with two units rented currently at $2,500 each and a successful Airbnb operation generating approximately $2,000 a month. Prime Location: Situated on a private, dead-end road in Sanford, Florida, this property offers the perfect blend of privacy and convenience. Three Homes: The original log cabin home built in 1983, exudes character and charm, while the second home constructed in 2007, offers modern comfort. Updated Tiny Home features 3 sleeping areas, full kitchen and full bath. Energy Efficiency: All homes were thoughtfully designed with energy-efficient features, including windows, central air conditioning, and gas/propane ranges. Separate septic tanks that have been cleaned and inspected in 2023. Acreage and Amenities: The property includes a vast 5-acre lot with a substantial 50 x 65 barn, offering endless possibilities for use and storage. Location: This serene retreat is conveniently located just half a mile from Lake Jessup, with easy access to the 417 Greenway. It's a short drive to excellent shopping and dining options in Lake Mary, Florida, and only 35 minutes from Orlando International Airport. Unique Opportunity: Notably, this is the only multifamily income property on 5 acres in Seminole County priced under $1 million, making it an exclusive opportunity for savvy investors and owner-occupants alike. Don't miss this rare chance to own a multifamily income property that combines spacious living on 5 acres with impressive monthly income potential. Contact us today to schedule a showing and explore this exceptional opportunity in Sanford, Florida.
Financial Considerations
Price:
$869,000
HOA Fee:
N/A
Tax Amount:
$2344.74
Price per SqFt:
$217.25
Tax Legal Description:
PT OF LOT 1 DESC AS BEG 833.12 FT S & 867.33 FT W OF NE COR OF SE 1/4 OF SE 1/4 RUN S 493.87 FT W 442 FT N 493.87 FT E 442 FT TO BEG & N 1/2 OF VACD ST ADJ ON S DREWS SUBD PB 2 PG 40
Exterior Features
Lot Size:
222592
Lot Features:
Street Dead-End, Private
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1983
Construction Type:
Log, Wood Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Courtyard, Garden, Gray Water System, Irrigation System, Storage
Additional Features 2:
N/A
Map
  • Address
    4275 MECCA HAMMOCK TRL
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  • Communication and Transparency
  • Skilled Negotiation
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