Duplex with Separate
New
For Sale
$264,900
1305 S ELLIOTT Street, Sanford, FL 32771
Residential Income, SANFORD, FL
Property Size1,204 SF
Lot Size0.17 Acres
Price / SF$220.02
Days on Market4
Property Features for 1305 S ELLIOTT Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RC1
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Dining Room, Bedroom 3
Patio and Porch features
Porch
Pets allowed
Yes
Interior features
Ceiling Fans(s), Laminate Counters, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Window Treatments
Exterior features
Fence, Private Entrance, Sidewalk
Fencing
Fenced
Appliances
Range, Refrigerator
Subdivision
BUENA VISTA ESTATES
Middle school
Sanford Middle
High school
Seminole High
Directions
From SR 417, take Exit 49 and turn right onto CR 427 (Ronald Reagan Blvd), which becomes Sanford Ave. Go north about 3 miles and turn right (east) onto Celery Ave. Go 0.7 miles and turn right (south) onto S Elliott St. Home is just past the corner. From downtown Sanford, take Sanford Ave south about 0.7 miles to Celery Ave, turn left, then right onto S Elliott St.
Standard status
Active
APN
31-19-31-501-0C00-0300
Size
1,204 SF
Lot size
0.17 Acres
Additional Details
Individually Metered Utilities
electricity
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT 30 BLK C BUENA VISTA ESTATES PB 3 PG 1
Tax Annual Amount
1339
Legal Description
LOT 30 BLK C BUENA VISTA ESTATES PB 3 PG 1
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1938
Flooring type
Carpet, Vinyl
Building materials
Frame, Wood Siding
Roof type
Shingle
Buildings
1
Listing Agency:
SLOANE REALTY, LLC
(407) 829-2418
Listed By:
Matt White · License #3106449
(407) 758-3166
Added: Oct 30
Changed: Nov 2
Last Checked: Nov 2 at 11:06PM
MLS# O6447874
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.
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Investment Insights
Based on property information with market context.
This Sanford duplex contains two vacant residences: a front 1-bedroom, 1-bath unit with approximately 647 square feet and a rear 2-bedroom, 1-bath unit with approximately 570 square feet. The rear residence also has a 227-square-foot screened porch. Each unit has a kitchen with a refrigerator and range, along with its own electric meter. The building’s roof was replaced in 2024, and the property has updated wood siding and fresh interior paint.
The property occupies a 50-by-150-foot lot with mature oak trees and a fenced yard. It is within Sanford’s Golf Cart district, near historic downtown Sanford and the Sanford RiverWalk, with Orlando Sanford International Airport and SR 417 also nearby. Public water and sewer serve the property, and the zoning is RC1.
The property occupies a 50-by-150-foot lot with mature oak trees and a fenced yard. It is within Sanford’s Golf Cart district, near historic downtown Sanford and the Sanford RiverWalk, with Orlando Sanford International Airport and SR 417 also nearby. Public water and sewer serve the property, and the zoning is RC1.
Key Highlights
- Two vacant residences: front unit has 1 bedroom, 1 bath and approximately 647 square feet; rear unit has 2 bedrooms, 1 bath and approximately 570 square feet
- Rear unit includes a 227‑square‑foot screened porch
- Roof replaced in 2024; updated wood siding and fresh interior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,058
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,160
$321.2K
Cap Rate 7%
$229,400
$229.4K
Cap Rate 9%
$178,422
$178.4K
Market Conditions
NOI Build-Up for 1,204 SF
Gross rent
$24.6K $20.40/SF
− Vacancy
−$1.6K −$1.35/SF
EGI
$22.9K $19.05/SF
− OpEx
−$6.9K −$5.72/SF
NOI
$16.1K $13.34/SF
Area
Seminole County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,160
Cap Rate 7%
$229,400
Cap Rate 9%
$178,422
Alternative Uses
Best Use
Multifamily LT 5
$229.4K
$200.7K – $267.6K
NOI $16,058 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$211.2K
$184.8K – $246.4K
NOI $14,785 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$342.6K
$299.8K – $399.7K
NOI $23,984 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Explore this area
Business Placement
Demographics for 32771, FL
57,178
Population
24,062
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
37.5 sq mi
ZIP Area
1,525
Density / Sq Mi
$74,520
Median Household Income
$43,321
Median Earnings
$1,584
Median Rent
$332,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are vacant, with individual electric meters and public water and sewer service.
Where is this duplex located?
The property is located at 1305 S ELLIOTT Street Sanford, FL.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Two vacant residences: front unit has 1 bedroom, 1 bath and approximately 647 square feet; rear unit has 2 bedrooms, 1 bath and approximately 570 square feet; Rear unit includes a 227‑square‑foot screened porch; Roof replaced in 2024; updated wood siding and fresh interior paint
