$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

Location