Historic Victorian Home in the heart of downtown Sanford Florida

$595,000
5
3
2,210
sq. ft.
$269
per sq ft
Heated sq ft: 2,210 sq ft
Avg Nightly Rate: $160
Home Legally Sleeps: 10
Occupancy Rate: 40 weeks
Annual Gross Income : 45000
Annual Net Operating Income : 24000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Business Stay, City Life, Couples/Romance, Pet Friendly, Theme Parks, Weddings or Family Reunions
New Construction: Inquire
Days on Vrolio: 119

Property Description

Check out this historic home located on French Ave in the historic downtown district of Sanford Florida! Sanford is a highly desired travel destination featuring unique restaurants, breweries, shopping, and more. Monthly, there are events, festivals, concerts, and theater performances. Also nearby is Lake Monroe with a marina featuring fishing, boating, and dinner cruises. This home offers 5 bedrooms and 3 full bathrooms. Currently the short term rental is set up to accommodate 6 people in 3 of the upstairs bedrooms (1 king bed, 1 queen bed, 2 twin beds). The 4th bedroom upstairs can be converted to another room to sleep 8 people upstairs. One bedroom and full bathroom has its own entrance located in the back of the home.  This vacation home is located directly next door to a bar that hosts events & offers a private rental program for the space.  Please contact Agent Sarah Farmer today to discuss details of this home. 

Presented by:
Owner:
sarah farmer
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 250
Low: 129
Peak: 300
Special Event: 300
Avarage: 160.00
Furniture Age
4
Est Value of Furnishings
$15,000
Peak & High Seasons
January, March, April, June, July, October, November, December
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Sellers are buying another business.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
45000
Net Operating Income
24000
Stories
2
Additional Indoor Rooms
Attached In Law Suite, Home Office/Den, Living Room
Appliances
Electric appliances, Full stove, Microwave, Refrigerator
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Laminate Wood, Tile
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Year built
1914
Outdoor Features
Fenced/Gated Yard
View
City
Backyard Exposure
North
Lot Size
7,020 square feet
Community Features
Bar, Stores
Tax Amount/Year
Inquire
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Bar, Stores
Mandatory HOA
Inquire
Home Legally Sleeps:
10
Onsite Parking
Parking is available in the back yard area or street parking is available on 1st or 2nd street.
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
Inquire
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
2 Years
Occupancy Rate
40
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$125.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$1,500.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$3,600.00
Water/Sewer (Annual)
$600.00
Cable/Interbet (Annual)
$1,200.00
Accounting Fee (Annual)
$300.00
Property Taxes (Annual)
Inquire
Homeowner's Insurance (Annual)
Inquire
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
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