Price Reduction - Views - Eco Friendly - Seller Financing
Address
4275 Mecca Hammock TRAIL, SANFORD, FL
Price
$ 933,000
Property Attributes
  • MLS#O6160242
  • TypeIncome
  • CountySEMINOLE
  • CitySANFORD
  • AreaSanford
  • NeighborhoodDrews Sub
  • Zip32773
  • StyleTriplex
  • Year Built1983
  • Taxes$ 2344
  • Price$ 933,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4000
  • Lot Size5.11 Acres
Data Source:
Stellar MLS
Property Description

Seller Financing Available. Discover a remarkable opportunity to own a multifamily income-producing property on a sprawling 5-acre estate in Sanford, Florida. This unique property includes three separate units with a total of 10 bedrooms and 5 bathrooms. Additionally, a charming tiny house serves as the third unit and operates as an Airbnb rental, adding to the income potential. Whether you're an investor or an owner-occupant, this property offers both space and income potential. Income: Enjoy a substantial monthly income of $8,000, with two units rented currently at $2,500 each and a successful Airbnb operation generating approximately $3,000 per month. Prime Location: Situated on a private, dead-end road in Sanford, Florida, this property offers the perfect blend of privacy and convenience. Three Homes: The original log cabin home built in 1983, exudes character and charm, while the second home constructed in 2007, offers modern comfort. Updated Tiny Home features 3 sleeping areas, full kitchen and full bath. Energy Efficiency: All homes were thoughtfully designed with energy-efficient features, including windows, central air conditioning, and gas/propane ranges. Separate septic tanks that have been cleaned and inspected in 2023. Acreage and Amenities: The property includes a vast 5-acre lot with a substantial 50 x 65 barn, offering endless possibilities for use and storage. Location: This serene retreat is conveniently located just half a mile from Lake Jessup, with easy access to the 417 Greenway. It's a short drive to excellent shopping and dining options in Lake Mary, Florida, and only 35 minutes from Orlando International Airport. Unique Opportunity: Notably, this is the only multifamily income property on 5 acres in Seminole County priced under $1 million, making it an exclusive opportunity for savvy investors and owner-occupants alike. Don't miss this rare chance to own a multifamily income property that combines spacious living on 5 acres with impressive monthly income potential. Contact us today to schedule a showing and explore this exceptional opportunity in Sanford, Florida.

Price History
12/6/2023 Listed $975,000
12/11/2023 1% - $970,000
12/12/2023 1% - $969,900
12/13/2023 1% - $969,800
12/14/2023 1% - $969,700
12/19/2023 1% - $969,500
12/22/2023 1% - $969,000
12/27/2023 1% - $968,900
12/30/2023 1% - $968,500
1/2/2024 1% - $968,400
1/4/2024 1% - $968,000
1/5/2024 1% - $967,900
1/9/2024 1% - $967,500
1/16/2024 1% - $967,000
1/23/2024 1% - $960,000
1/24/2024 1% - $959,000
1/26/2024 1% - $955,000
1/31/2024 1% - $950,000
2/2/2024 1% - $949,000
2/5/2024 1% - $948,000
2/7/2024 1% - $947,900
2/8/2024 1% - $947,500
2/10/2024 1% - $945,000
2/19/2024 1% - $944,000
2/20/2024 1% - $943,999
2/21/2024 1% - $943,900
2/23/2024 1% - $943,000
2/27/2024 1% - $942,000
2/29/2024 1% - $941,000
3/4/2024 1% - $940,000
3/6/2024 1% - $939,000
3/8/2024 1% - $938,000
3/13/2024 1% - $937,000
3/15/2024 1% - $936,000
3/26/2024 1% - $935,000
3/28/2024 1% - $934,000
4/3/2024 1% - $933,000

General Features

Interior Features Attic Fan,Attic Ventilator,Built in Features,Ceiling Fans(s),Eating Space In Kitchen,Open Floorplan,Solid Wood Cabinets,Thermostat
Sewer Septic Tank
Heating Central
Cooling Central Air,Mini-Split Unit(s)
Utilities Cable Connected,Electricity Connected,Natural Gas Connected,Public,Sprinkler Recycled,Water Connected
Roof Metal
Exterior Features Courtyard,Garden,Gray Water System,Irrigation System,Storage
Zoning A-1
Construction Materials Log,Wood Frame
Year Built 1983
View Trees/Woods
Property SubType Triplex
Tax Year 2022
Percent Ownership Fee Simple
County Seminole
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage No
Subdivision Name DREWS SUB
Garage Y/N No
Other Structures Barn(s),Guest House,Shed(s),Storage,Workshop
Status Active
Directions 417 to East Lake Mary Blvd (exit 49),Go East on E Lake Mary Blvd,South on Sanford Ave,Right on Old Western trail,left on Mecca Hammock trail - First Drive way and should see the Tiny House first.
City SANFORD
Buyer Agent Compensation 3%
Senior Community Y/N No
Total Units 3
MLS Area 32773 - Sanford
Lot Size Square Feet 222592
Private Pool No
Waterfront Y/N No
Carport Spaces 5
Carport Y/N Yes
Street Name Mecca Hammock
Listing Terms Cash,Conventional,FHA,VA Loan
Tax Annual Amount 2344.74
Public Remarks Seller Financing Available. Discover a remarkable opportunity to own a multifamily income-producing property on a sprawling 5-acre estate in Sanford,Florida. This unique property includes three s
Ok to Lease 12 Months
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6160242
Days on Market 120
Standard Status Active
Tax Lot 1
Legal Description PT OF LOT 1 DESC AS BEG 833.12 FT S & 867.33 FT W OF NE COR OF SE 1/4 OF SE 1/4 RUN S 493.87 FT W 442 FT N 493.87 FT E 442 FT TO BEG & N 1/2 OF VACD ST ADJ ON S DREWS SUBD PB 2 PG 40

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix TRAIL
Laundry Features Electric Dryer Hookup,Laundry Room,Washer Hookup
LivingAreaSource Owner
Living Area Units Square Feet

Exterior Features

Lot Features Street Dead-End
Water Source Public
Lot Size Area 5.11
Foundation Details Crawlspace
Number of Buildings 4
Lot Size Acres 5.11
Road Surface Type Asphalt,Gravel
Lot Size Units Acres
Covered Spaces 5
Road Frontage Type Street Dead-End,Private Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 32773

Price
AVG $600K
$930K
Taxes
AVG $2,557
$2,344
Visits
AVG 165
322
Data Provided by Inside Real Estate®
Year Built
AVG 1970
1983