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Renovated Duplex with Separate Units

1403 W 13TH PLACE Sanford, FL 32771

1403 W 13TH PLACE, Sanford, FL, 32771
$349,900
For Sale
$349,900

Half Duplex - SANFORD, FL

Property Size1,914 SF
Lot Size0.16 Acres
Price / SF$182.81
Days on Market448

Property Features for 1403 W 13TH PLACE

General Information

Property type
Residential
Property subtype
Duplex
Zoning
MR2
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Kitchen, Living Room
Interior features
Ninguno
Exterior features
Private Mailbox
Appliances
Microwave, Range, Refrigerator
Standard status
Active
APN
35-19-30-502-0000-00K0
Size
1,914 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2401

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1960
Flooring type
Tile, Tile - Ceramic
Building materials
Block, Frame, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency CHARLES RUTENBERG REALTY ORLANDO
631 S Orlando Avenue Suite 200, Winter Park, FL
Listed by Mohammed Saifulhuda · License #3149314
Added: Apr 27, 2025 Checked: Jul 18 at 11:06 am
MLS# O6303626 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This renovated duplex at 1403 W 13TH PLACE is permitted for duplex use and has been updated top to bottom, inside and out, with work described as fully permitted and approved. The property offers a total of 6 bedrooms and 4 bathrooms, arranged as two separate sides, with each side including 3 bedrooms and 2 full bathrooms.

The home is listed for sale in Sanford, Florida, in Seminole County, under zoning MR2. Set on a 0.16-acre lot, the property is presented as ready to move in.

For buyers seeking a duplex configuration, the layout supports two self-contained living spaces within one renovated structure.

Key Highlights

  • 6‑bedroom, 4‑bath home built in 1960 with a permitted duplex layout
  • Renovations completed top to bottom, inside to outside, with all work fully permitted and approved
  • Duplex setup: each side offers 3 bedrooms and 2 full bathrooms

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $39.0k $20.40
− Vacancy −$2.6k −$1.35
EGI $36.5k $19.05
− OpEx −$10.9k −$5.72
NOI $25.5k $13.34
1,914 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$364.7K
$319.1K – $425.5K (±1% cap)
NOI $25,528 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$335.8K
$293.8K – $391.7K (±1% cap)
NOI $23,504 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$544.7K
$476.6K – $635.5K (±1% cap)
NOI $38,127 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store Dental Office (Bike/Boat/Book/etc) Store Travel Agency Locksmith Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Permitted duplex features two updated units, each with three bedrooms and two full baths.
Where is this duplex located?
The property is located at 1403 W 13TH PLACE Sanford, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 6‑bedroom, 4‑bath home built in 1960 with a permitted duplex layout; Renovations completed top to bottom, inside to outside, with all work fully permitted and approved; Duplex setup: each side offers 3 bedrooms and 2 full bathrooms
Contact an agent
More about this property
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