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318 S PALMETTO AVENUE
SANFORD FL 32771 US

$1,427,700

Active Listing ID O6245237
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9 bed
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Lot: 0.34 Acres

$1,427,700

Active Listing ID O6245237
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318 S PALMETTO AVENUE The 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. What’s not to love about Historic Sanford! It’s 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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Property Features

  • Facts
  • Lot Size: 0.34 Acres
  • Property Type: Residential Multi Family
  • Features
  • Cooling System: Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
  • Exterior Finish: Corner Lot, Balcony, Courtyard, Rain Gutters, Sidewalk
  • Floor Covering: Tile, Vinyl, Wood
  • Roof Type: Metal, Shingle
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • listprice: 1427700
  • unparsedaddress: 318 S PALMETTO AVENUE
  • postalcity: SANFORD
  • stateorprovince: FL
  • country: US
  • postalcode: 32771
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.34
  • lotsizeunits: Acres
  • lotsizearea: 0.34
  • livingarea: 6112
  • livingareaunits: Square Feet
  • latitude: 28.809271
  • longitude: -81.26626
  • listagentfullname: Debbie Weaver
  • listagentemail: dweaver2377@gmail.com
  • listagentkey: 3yd-MFRMLSFL-261081998
  • listagentmlsid: 261081998
  • listagentpreferredphone: 4073802800
  • listagentofficephone: 4073802800
  • listofficekey: 3yd-MFRMLSFL-55171C
  • listagentstatelicense: 3057000
  • listofficemlsid: 55171C
  • disclaimer: Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1901
  • listingcontractdate: 2024-11-19
  • listagenturl: http://www.1storlandorealestate.com
  • countyorparish: Seminole
  • parcelnumber: 25-19-30-5AG-0502-0060
  • appliances: Range, Refrigerator
  • cooling: Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Frame
  • flooring: Tile, Vinyl, Wood
  • heating: Central
  • numberofunitstotal: 9
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal, Shingle
  • waterfrontyn: False
  • interiorfeatures: Built-in Features, Ceiling Fans(s), High Ceilings, Solid Wood Cabinets, Window Treatments
  • exteriorfeatures: Corner Lot, Balcony, Courtyard, Rain Gutters, Sidewalk
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • securityfeatures: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.26626, 28.80927
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Premium Properties Real Estate Services", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@1storlandorealestate.com", "ListBrokerageCity":"Orlando", "ListBrokerageCountry":"US", "ListBrokerageEmail":"john.nelson@premiumagents.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/95/235190/20130909144349540.png", "ListBrokerageName":"Premium Properties Real Estate Services", "ListBrokeragePhone":"407-380-2800", "ListBrokeragePostalCode":"32807", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"564 N. Semoran Blvd", "ListBrokerageWebsiteUrl":"http://www.1storlandorealestate.com", "ListOfficeAddress1":"4227 W Lake Mary Blvd", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Lake Mary", "ListOfficeCountry":"US", "ListOfficeEmail":"john.huebner@premiumagents.net", "ListOfficePostalCode":"32746", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi Family - SANFORD, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/318-S-Palmetto-Ave_Sanford_FL_32771_M50073-41366?f=listhub&s=MFRMLSFL&m=O6245237&c=rexren", "MLSModificationTimestamp":"2025-10-10T11:31:08Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi Family", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9211, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/23/2025 11:15:36 PM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Debbie Weaver, PREMIUM PROPERTIES R.E SERVICE, dweaver2377@gmail.com

Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.