301 S Cedar Avenue, Sanford, FL 32771
- $849,000
- 6,760
- SqFt
- List Price
- $849,000
- Status
- Active
- Days on Market
- 9
- MLS#
- O5935333
- Property Style
- Multi-Family
- Year Built
- 2007
- Living Area
- 6,760
- Lot Size
- 31,239
- Acres
- 0.72
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Sanford Town Of
- MLS Area Major
- Sanford/Lake Forest
Property Description
Investors!!! don't miss this one out, it's a one of a kind, 100% occupied, stable income property. The Mia's Apartments is a 7 multifamily units, built specially for senior living, age 62+. ( in few years restriction is lifted and can be rented for much more), It’s a well maintain Class-A one-story building, built in 2007 and features a concrete block construction, full kitchen, central a/c, and washer/dryer in each unit. Easy access concrete parking lot and well for the irrigation system. Each unit has separated electric meter and the building is connected to public water and sewer line. Mia’s apartments are conveniently located close to all shopping and restaurants and few blocks away from Central FL Hospital and I-4 Corridor that connects between the attractions of Orlando and Daytona Beach. The close by Lynx Buses & the SunRail provides public transportation for all Central Florida. This is an ideal investment for the investor that is looking for a STABLE and easy-to-self-manage property. Most tenants are on long term and Vacancy is never an issue here. Most of the tenant rents comes from the community service department.
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Additional Information
- Taxes
- $6422
- Annual Gross Income
- 69960
- Community Features
- No Deed Restriction
- Zoning
- MR3
- Utilities
- Electricity Available, Public, Sewer Connected, Water Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Exterior Features
- Lighting, Sidewalk
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Housing for Older Persons
- Yes
- Flood Zone Code
- X
- Parcel ID
- 25-19-30-5AG-0511-0060
- Legal Description
- LOTS 6 TO 10 BLK 5 TR 11 TOWN OF SANFORD PB 1 PG 61
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Listing courtesy of FLORIDA REALTY INVESTMENTS.
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