$119,900
700 E Airport Blvd Apt A5, Sanford, FL 32773
- 1Bed
- 1Bath
- 726SqFt
- 1Bed
- 1Bath
- 726SqFt
- Property TypeCondo
- Year Built1973
- HOA Fees$275/mo
- Price per Sqft$165
- On highrises1 Day
- Pet Policy
Property Details
Dreams Do Come True with this income-producing 1 bedroom, 1 bathroom condo in a prime Sanford location priced at $119, 900 and already rented at $1, 350 per month, generating $16, 200 annually and delivering an impressive approximate 13.5% gross rent yield with a strong 7.4 GRM. 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, youll 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 todays rental prices as rates come down.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Level: First
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Freddie Crespo
- state license#3146720
- Brokered by:
- INVESTOR'S REAL ESTATE LLC
- (407) 688-4355
Also at 700 E Airport Blvd
