1301-1311 S Park Avenue Sanford, FL 32771

The Park Place Inn & Cottages, developed over 32 years, is located in the Sanford Historic District, near downtown shops, restaurants, the lake, and the marina. This established vacation rental has a 4.5-star rating on Booking.com. The property consists of two parcels at 1301 and 1307 S Park Avenue, and includes private parking for 12 cars, handicap access to all downstairs areas, interior courtyards, and pergolas. The compound offers 10 beds in three two-story buildings. The first cottage, the Historic Craftsman Cottage, features 4 beds (2 ensuite primary bedrooms and 2 guest bedrooms) and 3 half baths. The second cottage, Live Oak, offers 3 units: the Chef's Suite (built in 2018) with a 1-bedroom apartment, open floor plan, travertine, subzero refrigerator, glass door pantry, hood, gas, granite, fireplace, washer and dryer, and a kitchen; the Coastal Cottage, a 2-bedroom, 1-bath apartment on the second floor with balcony access, a living room, kitchenette, and a downstairs laundry room; and the Chic Studio, a 600+ square foot studio with a king-size bed, kitchenette, and handicap access shower (built in 2019). The third building, Ivy Cottage, is a duplex with an upstairs 2-bedroom, 1-bath unit featuring a living room/kitchen and washer/dryer. The downstairs restaurant space includes a commercial kitchen with a hood ventilating system, a dining room, double French windows, two half baths, a grease trap, and a walk-in cooler. The restaurant equipment belongs to the tenant, who is moving out at the end of April. The commercial kitchen area space may be leased before the property sells for $4000 per month NNN.