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    2547 Myrtle Ave Sanford, FL 32773

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    For Sale
    $699,000

    Well-maintained Sanford quadplex near downtown with strong rental potential.

    Lot size:
    0.25 Acres

    Property Features for 2547 Myrtle Ave

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1984

    Source: WATSON REALTY CORP Agent Russie Weidl

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sanford Income-Producing Quadplex Opportunity

    This well-maintained four-unit building is located in Sanford, minutes from downtown, which is known for its restaurants, breweries, shops, and waterfront events. The property features two units on the first floor and two on the second floor. Each unit includes 2 bedrooms and 2 baths with a screened rear porch. Recent upgrades include a new roof and fresh exterior paint. Dishwasher hookups are available in each unit. All units feature central A/C, individual washer and dryer hookups, and modern layouts. A paved parking area provides space for residents and guests. This property is an opportunity for investors looking to expand their portfolio in Central Florida.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.2696262
    Latitude
    28.783479

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained Sanford quadplex near downtown with strong rental potential.
    Where is this quadplex located?
    The property is located at 2547 Myrtle Ave Sanford, FL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Income-producing 4-unit building in a desirable location.; - Each unit has 2 bedrooms and 2 baths with screened rear porch.; - Recent upgrades include a new roof and fresh exterior paint.
    (407) 721-8822
    Request Owner's contact information
    2547 Myrtle Ave Sanford, FL 32773
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2547 Myrtle Ave Sanford, FL 32773
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