318 Palmetto Avenue, SANFORD, FL 32771
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Priced at Only: $1,427,700
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Address: 318 Palmetto Avenue, SANFORD, FL 32771
Property Location and Similar Properties
- MLS#: O6245237 ( Residential Income )
- Street Address: 318 Palmetto Avenue
- Viewed: 235
- Price: $1,427,700
- Price sqft: $0
- Waterfront: No
- Year Built: 1901
- Bldg sqft: 0
- Bedrooms: 9
- Total Baths: 9
- Days On Market: 377
- Additional Information
- Geolocation: 28.8093 / -81.2663
- County: SEMINOLE
- City: SANFORD
- Zipcode: 32771
- Subdivision: Sanford Town Of
- Provided by: PREMIUM PROPERTIES R.E SERVICE

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DescriptionThe 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. Whats not to love about Historic Sanford! Its 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. FOUR 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. Owner Financing Available with qualified buyer. This is a Terrific opportunity to own an Income Property in the Heart of Historic Sanford, A MUST SEE!
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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony, Courtyard, Rain Gutters, Sidewalk
- Flooring: Tile, Vinyl, Wood
- Living Area: 6112.00
- Roof: Metal, Shingle
Property Information
- Property Condition: Completed
Land Information
- Lot Features: Corner Lot, Historic District, City Limits, Landscaped, Near Marina, Oversized Lot, Sidewalk
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, Other, Wall/Window Unit(s)
- Heating: Central, Other
- Sewer: Public Sewer
- Utilities: Other
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: 2023
Rental Information
- Tenant Pays: Electricity
Other Features
- Appliances: Electric Water Heater, Range, Refrigerator
- Country: US
- Interior Features: Built-in Features, Ceiling Fans(s), High Ceilings, Solid Wood Cabinets, Window Treatments
- Legal Description: S 3/4 OF LOT 5 + ALL LOTS 6 7 + 8 BLK 5 TR 2 TOWN OF SANFORD PB 1 PG 58
- Levels: Two
- Area Major: 32771 - Sanford/Lake Forest
- Occupant Type: Tenant
- Parcel Number: 25-19-30-5AG-0502-0060
- View: City, Garden
- Views: 235
- Zoning Code: SC3
Nearby Subdivisions
Academy Manor
Academy Manor Unit 01
Bel-air Sanford
Belair Sanford
Brynwood
Buckingham Estates
Buckingham Estates Ph 3 4
Buckingham Estates Ph 3 & 4
Bungalow City
Canaan
Cates Add
Celery Estates North
Celery Key
Celery Lakes Ph 2
Celery Oaks
Celery Oaks Sub
City Of Sanford
Conestoga Park A Rep
Country Club Manor
Country Club Manor Unit 1
Country Club Park Ph 2
De Forests Add
Dixie Terrace
Dreamwold
Dreamwold 3rd Sec
Eastgrove
Eastgrove Ph 2
Estates At Rivercrest
Estates At Wekiva Park
Estuary At St Johns
Fellowship Add
Fla Land Colonization Cos Add
Forest Glen Sub
Franklin Terrace
Ft Mellon
Garners Add To Markham Park He
Goldsboro Community
Grove Manors
Highland Park
Highland Park Rep Of Por Of Bl
Holden Real Estate Companys Ad
Idyllwilde Of Loch Arbor Rep
Kays Landing Ph 2
Kerseys Add To Midway
Lake Forest Sec 14
Lake Forest Sec 18
Lake Markham Landings
Lake Markham Preserve
Landings At Riverbend
Lockharts Sub
Markham Forest
Markham Park Heights
Matera
Mayfair
Mayfair Oaks
Midway
Monterey Oaks Ph 1 A Rep
Monterey Oaks Ph 2 Rep
New Upsala
None
Not On The List
Oaks Of Sanford
Oregon Trace
Other
Packards 1st Add To Midway
Palm Terrace
Partins Sub Of Lt 27
Pearl Lake Estates
Phillips Terrace
Pine Level
Pinehurst
Preserve At Astor Farms
Preserve At Astor Farms Ph 3
Preserve At Lake Monroe
Retreat At Wekiva
Retreat At Wekiva Ph 2
Retreat At Wekiva - Ph 2
River Crest
River Crest Ph 1
Riverbend
Riverbend At Cameron Heights
Riverbend At Cameron Heights P
Riverside Oaks
Riverside Oaks Ph 1
Robinsons Survey Of An Add To
Rose Court
Rosecrest
Roseland Park
San Lanta 2nd Sec
Sanford Farms
Sanford Heights
Sanford Of Town
Sanford Terrace
Sanford Town Of
Seminole Estates
Seminole Park
Silverleaf
Sipes Fehr
Smiths M M 2nd Subd B1 P101
South Sanford
South Sylvan Lake Shores
St Johns River Estates
Sterling Meadows
Sylva Glade
Sylvan Estates
Sylvan Lake 1st Add
Tall Trees
The Glades On Sylvan Lake Ph 2
Thomas Add To Midway
Thornbrooke Ph 1
Thornbrooke Ph 4
Traditions At White Cedar
Tusca Place North
Venetian Bay
Washington Oaks Sec 2
Wm Clarks Sub
Wynnewood
Yankee Lake Subd
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