For Sale
$295,000

1511 12Th StSanford, FL 32771

Renovated Duplex, High ROI, Two Units

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Sanford, Florida duplex presents a compelling investment opportunity. Located at 1511 W 12th St, 32771, in Seminole County, this completely renovated property boasts 1,509 square feet and offers two units, each a 2-bedroom, 1-bathroom layout. Each unit currently commands a monthly rent of $1,500, generating a total monthly income of $3,000. The property's strong financial performance is reflected in its impressive 11.02% capitalization rate and a net operating income (NOI) of $32,500. The asking price is $295,000, translating to a price per unit of $147,500 and a price per square foot of $195.49. Significant upgrades enhance the property's value and appeal, including a new roof (installed in 2020), a new HVAC system, a newer hot water heater, and brand-new insulation. The complete renovation was finished in 2024, ensuring modern amenities and reduced maintenance costs for the investor. This turnkey investment property is ready for immediate income generation and offers a strong return on investment in a desirable location. The property consists of one building and is categorized as an apartment building.

Highlights

  • Completely renovated Sanford, FL duplex (1511 W 12th St, 32771) offering two 2/1 units.
  • Each unit rents for $1,500/month, generating $3,000 total monthly income.
  • Strong financials: 11.02% cap rate and $32,500 NOI.
  • Asking price: $295,000 ($147,500 per unit, $195.49/sq ft).
  • Recent upgrades include a new roof (2020), HVAC, hot water heater, and insulation; complete renovation in 2024.

Property Details for 1511 12Th St

Property type
Apartment buildings
Square Feet
1,509 SF
Year Renovated
2024
Buildings
1
Units
2

Location Insight

City
Sanford
County
Seminole
State
Florida
Latitude
28.801374
Longitude
-81.2844124
1511 12Th St, Sanford, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1511 12Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message