Gated Townhome with Water
1102 VICTORIA GLEN DRIVE Sanford, FL 32773
1102 VICTORIA GLEN DRIVE, Sanford, FL, 32773
$364,000
Pending
For Sale
$364,000
Pending
Corner-end unit with upgrades, community pool, and clubhouse.
Property Size1,769 SF
Lot Size0.05 Acres
Days on Market541
Property Features for 1102 VICTORIA GLEN DRIVE
General Information
- Standard status
- Pending
- Size
- 1,769 SF
- Lot size
- 0.05 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2013
Listing Agency
FATHOM REALTY FL LLC
(407) 435-9565
Listed by
Kathleen Harrison · License #3367702
(407) 435-9565
Source
Exitrealty
Added: Jan 22, 2025 Checked: Jul 17 at 4:34 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FATHOM REALTY FL LLC
Investment Insights
Based on property information with market context.
This corner-end unit townhome is located in a gated community with conservation and water views. The property features 3 bedrooms and 2.5 bathrooms. The open-concept living area includes an upgraded kitchen with dark cabinetry, granite countertops, stainless steel appliances, a closet pantry, and a breakfast bar. A half bathroom is located downstairs. The property includes water views. Community amenities include a pool and a clubhouse overlooking the lake. The community has approved new roofs and exterior paint for the entire community without special assessments or increases to monthly HOA fee. The property is located in close proximity to the Lake Mary Farmers Market and the shops by City Hall, across the street from Seminole State College, and zoned for Greenwood Lakes Middle School and Lake Mary High School. The property size is 1769 square feet.
Key Highlights
- Prime Seminole County location near Lake Mary Farmers Market, shops and great schools.
- Gated community with conservation and water views, offering privacy and security.
- Brand new roofs and exterior paint approved for the entire community.
Local Financial Insights For Apartment 5plus
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 | $42.2k | $23.88 |
| − Vacancy | −$2.7k | −$1.55 |
| EGI | $39.5k | $22.33 |
| − OpEx | −$17.8k | −$10.05 |
| NOI | $21.7k | $12.28 |
1,769 SF · lease $23.88/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$310.3K
$271.6K – $362.1K
NOI $21,724 @ 7.0% cap · market cap 5.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$503.4K
$440.5K – $587.3K
NOI $35,238 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Corner-end unit with upgrades, community pool, and clubhouse.
Where is this residential income property located?
The property is located at 1102 VICTORIA GLEN DRIVE Sanford, FL.
What is the asking price?
The asking price for this property is $364,000.
What are key features of this property?
This property features: Prime Seminole County location near Lake Mary Farmers Market, shops and great schools.; Gated community with conservation and water views, offering privacy and security.; Brand new roofs and exterior paint approved for the entire community.
