UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $339
MLS Listing ID O6443497
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1930
Annual Tax Amount $2,172
Lot Size 1.150 Acres
Acres 1.15
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
A truly unique Central Florida opportunity where residential charm, rental income, expansive land, and future development potential come together on over an acre!
Situated directly off Ronald Reagan Blvd (County Road 427), this distinctive bungalow-style property offers a rare combination of space, flexibility, and multiple income streams in an area surrounded by commercial activity and development.
The property currently features three separate sources of rental income: a long-term tenant occupying the main residence, a 1-bedroom/1-bath studio-style mother-in-law suite at the rear currently operated as an Airbnb, and a long-term tenant occupying the RV located on the property. The RV already has a dedicated RV hookup, making this an especially versatile setup for generating additional income.
The property also features a storage shed for additional storage and a water softener, adding practical value and convenience for both residents and tenants.
For the homeowner, imagine transforming this expansive 1+ acre parcel into your own private retreat—with room to expand, customize, garden, entertain, park recreational vehicles, or create the dream property you've always envisioned.
For the savvy investor or developer, the possibilities are even more intriguing. The property is currently zoned Agricultural, while the surrounding area includes a large commercial parcel directly across the road and multiple commercial properties nearby, making this a compelling location for exploring future commercial or alternative development opportunities, subject to applicable zoning, approvals, and governmental requirements.
Whether you envision a private estate, income-producing multifamily property, redevelopment project, or future commercial venture, this property offers something increasingly difficult to find: land, location, income, and flexibility—all in one package.
PROPERTY HIGHLIGHTS
• Over 1 acre of land
• Charming bungalow-style main residence
• Three existing income streams
• Long-term tenant in main residence
• 1 BR / 1 BA rear studio / mother-in-law suite
• Airbnb income potential
• RV included with dedicated RV hookup
• Long-term RV tenant
• Storage shed
• Water softener
• Agricultural zoning with potential for alternative uses, subject to approval
• Located just off Ronald Reagan Blvd / County Road 427
• Large commercial parcel directly across the road
• Multiple commercial properties/sites nearby
• Excellent opportunity for an owner-user, investor, or developer
• Rare combination of residential, multifamily, income, land, and development potential
ONE PROPERTY. THREE INCOME STREAMS. ENDLESS POSSIBILITIES.
Opportunities like this don't come along often. Secure the land today, capitalize on the existing income, and explore the possibilities for tomorrow. Whether you're looking for your next investment, a spacious property to call home, or a strategically positioned parcel with future potential, this is one you won't want to overlook.
Location
State FL
County Seminole
Area 32773 - Sanford
Zoning A-1
Rooms
Other Rooms Bonus Room, Florida Room, Interior In-Law Suite w/Private Entry, Storage Rooms
Interior
Interior Features Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
Heating Central, Electric, Exhaust Fan
Cooling Central Air, Wall/Window Unit(s)
Flooring Ceramic Tile
Furnishings Negotiable
Fireplace false
Appliance Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Softener
Laundry Laundry Room
Exterior
Exterior Feature Fire Pit, Garden, Lighting, Permeable Paving, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, RV Hookup, Sidewalk, Storage
Fence Wire, Wood
Community Features Street Lights
Utilities Available Electricity Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Exposure North
Garage false
Private Pool No
Building
Lot Description Cleared, Oversized Lot, Sidewalk
Entry Level One
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Public
Unit Floor 1
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6443497
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION