Keller Williams Legacy Realty - Marie Napoleon
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Listing Courtesy Of: PREMIUM PROPERTIES REAL ESTATE, 407-380-2800, Debbie Weaver
Local Realty Services Provided By: Keller Williams Advantage Realty
Overview
What It'll Cost
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$1,477,700
318 S PALMETTO AVENUE, SANFORD, FL 32771
9 Beds
9 Baths
6,112 sq ft
.34 ac
$1,477,700

318 S PALMETTO AVENUE, SANFORD, FL 32771

Estimation provided by Keller Williams Realty Inc.
9 Beds
9 Baths
6,112 sq ft
.34 ac
Active
For Sale
Virtual Tour

Property Description

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!

Property Details

Compare This Home
Overview
Property Type
Multi-Family
Property Size
6,112 sq ft
Year Built
1901
Days on Site
127 Days
HVAC
Wall/Window Unit(s), Central Air, Central
Parking
No
Marie Napoleon at Keller Williams Legacy Realty
Keller Williams Legacy Realty
SL3582149

Activity History

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Price & Tax History

Date
Event
Price
02/03/2025
Price Decrease
$1,477,700
(-6.34%)
11/19/2024
Listed
$1,577,700
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$9,211
(+18.23%)
$523,298
No Breakdown Available
2021
$7,791
(-0.47%)
$427,019
Land 138,600 + Additions 288,419
2020
$7,827
(+3.67%)
$426,268
Land 45,000 + Additions 381,268
2018
$7,551
(+0.52%)
$419,367
Land 45,000 + Additions 374,367
2017
$7,511
$394,478
Land 45,000 + Additions 349,478
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Marie Napoleon at Keller Williams Legacy Realty
Keller Williams Legacy Realty
SL3582149

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