Features & Amenities

Interior

  • Other Interior Features

    Walk-In Closet(s)

  • Total Bedrooms

    1

  • Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Balcony

  • Parking

    Open

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1

  • Property Type

    Residential

  • Property Sub Type

    Condominium

Price

  • Sales Price

    $119,900

  • Tax Amount

    1834.0

  • Sq. Footage

    726

  • Price/SqFt

    $165

HOA

  • Association

    Yes

  • Association Fee

    $275

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Association Amenities

    Pool

  • Foundation Details

    Slab

  • Ownership

    Condominium

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    NA

  • Water Source

    Public

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Location

County

Seminole

Elementary School

Middle School

High School

Listing Courtesy of Freddie Crespo , INVESTOR'S REAL ESTATE LLC

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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, 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.

700 E AIRPORT BOULEVARD A5

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Make your appointment to show today as this gem won't last long!
#O6337807

SANFORD

206 NORTHLAKE DRIVE 206

2 Beds

2 Baths

912 Sq.Ft.

$139,000

MLS#: O6337807

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