306 S ELM AVE, SANFORD, FL, 32771
$349,000
Residential
Bedrooms
3
Bathrooms
2
Living Area
1,257 Sqft
Lot Size
5,869 Sqft
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
Property Features Property Features
MLS ID: MFRO6423664 Year Built: 1910
Appliances: Electric Water Heater, Range, Refrigerator Community Features: Street Lights
Construction Materials: Wood Siding Cooling: Wall/Window Unit(s)
Country: US County Or Parish: Seminole
Direction Faces: East Exterior Features: Awning(s), Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sidewalk
Fencing: Board Flooring: Luxury Vinyl
Foundation Details: Crawlspace Furnished: Unfurnished
Heating: Ductless Laundry Features: None
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Occupant Type: Vacant
Other Equipment: Private Entrance, Private Yard Patio And Porch Features: Front Porch, Rear Porch, Screened
Pets Allowed: Yes Possession: Negotiable
Property Sub Type: Single Family Residence Property Type: Residential
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Combination Lock Box
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Sewer Connected, Water Connected
Water Source: Public
Rooms Rooms
Living Room: 13x12 ft Kitchen: 8x9 ft
Balcony/Porch/Lanai: 6x12 ft Primary Bedroom: 10x10 ft
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