Sanford, FL 32771,301 S CEDAR AVE
Sanford, FL 32771,301 S CEDAR AVE
Sanford, FL 32771,301 S CEDAR AVE
$810,000
Est. payment /mo
$849,000
4.6%
Est.Price: ?

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6,760 SqFt
SOLD DATE : 06/16/2021

Key Details

Sold Price $810,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,760 sqft

Price per Sqft $119

Subdivision Sanford Town Of

MLS Listing ID O5935333

Sold Date 06/16/21

HOA Y/N No

Year Built 2007

Annual Tax Amount $6,422

Lot Size 0.720 Acres

Acres 0.72

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.

Location

State FL

County Seminole

Community Sanford Town Of

Zoning MR3

Interior

Heating Central

Cooling Central Air

Fireplace false

Exterior

Exterior Feature Lighting, Sidewalk

Utilities Available Electricity Available, Public, Sewer Connected, Water Available

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Senior Community Yes

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by FLORIDA REALTY INVESTMENTS
Bought with STELLAR NON-MEMBER OFFICE
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"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

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