Property Details
Price: $109,900
Sq Ft: 726
($151 per sqft)
Bedrooms: 1
Bathrooms: 1
City:Sanford
County:Seminole
Type:Condominium
Development:Sandlewood Condo
Subdivision:Sandlewood Condo
Acres:0.10
Virtual Tour/Floorplan:
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Year Built:1973
Listing Number:O6371429
Status Code:Pending
Taxes:$1,834.00
Tax Year: 2024
Furnishings: Unfurnished
Pets Allowed: Yes
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Equipment:
Dishwasher
Disposal
Dryer
Electric Water Heater
Range
Washer
Interior Features:
Walk-In Closet(s)
Exterior Features:
Balcony
Amenities:
Pool
Financial Information:
Taxes: $1,834.00
Tax Year: 2024
Association Fee: $275.00
Association Fee Frequency: Monthly
Condo Fee Frequency: Monthly
Room Dimensions:
Laundry: Other
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Dreams Do Come True! Cash flow from day one. Priced at $109,900 and already rented at $1,350/month, this property produces $16,200 annually, offering an outstanding ~14.7% gross yield and ~6.8 GRM. Ideal for investors seeking strong returns in today’s market. This 1 bedroom, 1 bathroom condo in a prime Sanford location already rented. The outstanding tenant would love to remain after the lease expires at the end of July 2026, providing built-in stability and immediate cash flow from day one. This unit is located in a spectacular low-HOA community known for its lush landscaping, meticulously maintained buildings and grounds, and an oversized community pool that creates a visually pleasing place to come home to every day. Inside, you’ll find newer luxury vinyl plank flooring throughout, a bright living room with a large window overlooking the covered front patio, a dining area and kitchen with newer refrigerator and white appliances, and the convenience of an in-unit washer and dryer. The bedroom features a ceiling fan and walk-in closet, while the bathroom includes a tub/shower combo with a recently resurfaced bathtub. Additional upgrades include a hot water heater only two years old, a brand new front door with smart keypad lock and LED lighting, and a new screen door. Conveniently located near 17-92, Hwy 417, and just minutes to I-4, with easy access to Lake Mary, shopping, restaurants, and entertainment, this is a rare opportunity for savvy investors seeking strong returns and future owner-occupants looking to own for less than today’s rental prices as rates come down.
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Additional Information:
MLS Area: 32773 - Sanford
Price per Square Feet: $151.38
Total Floors: 2
Water: Public
Construction: Block
Date Listed: 2026-01-10 18:27:04
Pool: No
Furnished: Unfurnished
Parking: Open
Flooring: Other
Roof: Shingle
Heating: Central
Cooling: Central Air
Pets: Yes
Sewer: Public Sewer
Amenities: Pool
Map of 700 Airport Boulevard E #A5, Sanford, FL 32773
Listing Courtesy Of: Investors Real Estate Llc
freddiecrespoelp@gmail.com