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$349,000
Active
306 S ELM AVENUE
SANFORD, FL 32771 — SANFORD TOWN OF
3 Beds
2 Baths
1,257 sqft
0.13 acres
Built 1910
About This Property
RARE investment opportunity in the heart of Sanford! This MULTI-FAMILY PROPERTY offers highly sought-after SC-3 zoning, a designation that rarely comes to market. SC-3 (Special Commercial-3) implements the Comprehensive Plan's "Waterfront Downtown Business District" designation, allowing for a unique mixed-use and general commercial zoning classification. Originally built in 1910, this well-maintained property sits on a fully fenced 0.13-acre lot. The main residence features 2 bedrooms and 1 bathroom, accessed through a welcoming screened front porch. Tucked behind the privacy fence is an ADDITIONAL 1-bedroom, 1-bathroom living space with its own screened porch and private entrance, offering excellent flexibility for rental income, multi-generational living, or a live/work opportunity. Ideally located just a short walk from vibrant Downtown Sanford, the property offers convenient access to local restaurants, boutique shopping, the scenic Lake Monroe waterfront, and the popular Paw Park. Enjoy the charm of Sanford's historic district while being close to breweries, entertainment, parks, community events, and everyday conveniences. Whether you're looking to generate rental income, establish a business, explore redevelopment opportunities, or own a unique property in one of Central Florida's fastest-growing areas, this property's zoning and location offer exceptional potential. Schedule your private showing today!
Property Details
Basics
- Property Type
- Residential
- Property Subtype
- Single Family Residence
- MLS Number
- O6423664
- Year Built
- 1910
- Levels
- One
- Additional Rooms
- Interior In-Law Suite w/Private Entry
- Direction Faces
- East
- Occupant Type
- Vacant
Size & Structure
- Living Area
- 1,257 sqft
- Total Area
- 1,929 sqft
- Lot Size
- 0.13 acres
- Lot Sq Ft
- 5,869 sqft
- Bedrooms
- 3
- Full Baths
- 2
Interior
- Flooring
- Luxury Vinyl
- Appliances
- Electric Water Heater, Range, Refrigerator
- Interior Features
- Ceiling Fans(s), Stone Counters, Window Treatments
- Laundry
- None
- Furnished
- Unfurnished
- A/C
- Wall/Window Unit(s)
- Heating
- Ductless
Exterior & Lot
- Exterior Features
- Awning(s), Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sidewalk
- Construction
- Wood Siding
- Roof
- Shingle
- Foundation
- Crawlspace
- Patio/Porch
- Front Porch, Rear Porch, Screened
- Fencing
- Board
Water & Pool
Community & HOA
- HOA
- No
- Community Features
- Street Lights
- Pets Allowed
- Yes
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Sewer Connected, Water Connected
- Cooling
- Wall/Window Unit(s)
- Heating
- Ductless
- Flood Zone
- X
Financial
- List Price
- $349,000
- Annual Taxes
- $2,539
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional
- Special Conditions
- None
- Possession
- Negotiable