$590,000
$350,000
68.6%For more information regarding the value of a property, please contact us for a free consultation.
305 S PARK AVE Sanford, FL 32771
4 Beds
3 Baths
2,500 SqFt
Key Details
Sold Price $590,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $236
Subdivision Sanford Town Of
MLS Listing ID O6081620
Sold Date 01/31/23
Bedrooms 4
Full Baths 2
Half Baths 1
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1910
Annual Tax Amount $3,177
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50x117
Property Description
Investor Special in a MAGNIFICENT LOCATION!!! . Here is one of the few remaining chances to invest in the fast-growing city of Sanford’s Special Commercial zoning area and in the desirable historic district. This single-family home can be used for a multitude of purposes. Zoned SC-3 (Special use Commercial 3) it allows for both commercial and residential uses including mixed use. Highest and best use would be as income property multifamily rental or mixed commercial and residential. The house is itself is a 4 bed, 2.5 bath, and a detached single car garage with a second floor 1 bed, 1 bath studio apartment. The garage can be converted to another studio apartment, adding an additional 340 sq ft of rentable space. Major investments went into repairing all structural issues to the house including removal of old siding and replacing with Zip board sheathing, increasing the structural regitity of the house. complete engineering and repairing of the roof systems, floor joists and footer, brand new, fully permitted ROOF, back deck, new AC ducts, most of the electrical is roughed in, framing, and siding is almost complete. The house has the original hardwood floors on the lower floor, high ceilings and two gas fireplaces, and sits on brick paved streets. The house is currently under construction and permitted with a full set of plans and has approval from the historic society. Its ready for your team to complete. Required would be plumbing, drywall, paint, refinishing of floors, windows, appliances and fixtures, as well as the installation of two HVAC (units). ARV $600K+ Seller bought pre-covid, got stuck during the economic downturn and city closure, and now must let it go. Their loss is your financial gain! Built in 1910, many great baseball players including Jackie Robinson and others used these homes as a temporary residence during training seasons. There is a tremendous amount of history withing these walls. AVAILABLE: Survey, Approved Engineering Drawings, Permits, Roof Warranty. *** Shown by appointment only. Waiver must be signed before entry. EZ to see quickly. *** Corner lot not included in this price but is available for sale. Also zoned SC-3 and can be developed with a home, townhomes, B&B, office or a combination!
Location
State FL
County Seminole
Community Sanford Town Of
Zoning SC3
Rooms
Other Rooms Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
Interior
Interior Features High Ceilings
Heating Central
Cooling Central Air
Flooring Wood
Furnishings Unfurnished
Fireplace true
Appliance None
Exterior
Exterior Feature Sidewalk
Parking Features Alley Access, Guest
Garage Spaces 2.0
Community Features Golf Carts OK, Sidewalks
Utilities Available Public
Roof Type Shingle
Porch Covered, Front Porch, Wrap Around
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Historic District, Sidewalk, Street Brick
Story 2
Entry Level Two
Foundation Crawlspace, Stilt/On Piling
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Historic
Structure Type Wood Frame, Wood Siding
New Construction false
Construction Status Inspections
Schools
High Schools Seminole High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Special Funding
Listing Terms Cash, Special Funding
Special Listing Condition None
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Bought with REALE REALTY, INC
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