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Wade M. Berlin

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Broker IDX Sites Inc.
The Real Estate Professional You Deserve
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300 Hibiscus Drive
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PRICED AT ONLY: $380,000

Address: 300 Hibiscus Drive, SANFORD, FL 32773

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. Sanfords 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. Dont miss out on this opportunity to build your portfolio in one of central floridas up and coming areas!
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  • MLS#: O6266820 ( Residential Income )
  • Street Address: 300 Hibiscus Drive
  • Viewed: 34
  • Price: $380,000
  • Price sqft: $280
  • Waterfront: No
  • Year Built: 1926
  • Bldg sqft: 1358
  • Bedrooms: 4
  • Total Baths: 3
  • Days On Market: 247
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Living Area: 1350.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Interior Features: Ceiling Fans(s), Other, Thermostat
  • Legal Description: W 100 FT OF LOT B + E 1/2 OF VAC ST ON W FLORA HEIGHTS PB 3 PG 19
  • Levels: One
  • Area Major: 32773 - Sanford
  • Occupant Type: Tenant
  • Parcel Number: 12-20-30-503-0000-00B0
  • Views: 34
  • Zoning Code: SR1
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin