2820 MAGNOLIA AVENUE, Sanford, FL 32773
Duplex - SANFORD, FL
- Added:
- May 19, 2026
- Days on Market:
- 52
- Last Refresh:
- Jul 9 at 7:06 am
Property Features for 2820 MAGNOLIA AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R-1
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Interior features
- Ceiling Fans(s), Split Bedroom
- Standard status
- Active
- APN
- 01-20-30-516-0000-0100
- Size
- 1,350 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1884.03
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1956
- Number of units
- 2
- Flooring type
- Wood
- Building materials
- Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Caleb Cox License #3325882 (352) 223-4661
Listing office OPTIMA ONE REALTY, INC. 720 W. Montrose St., Clermont, FL (352) 243-6784
Listing date May 19, 2026
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.
HighLights
- Private mother‑in‑law suite offers flexibility for multi‑generational living, guests, rental income, or a home office.
- Recently renovated with modern updates throughout, creating a move‑in ready space.
- Located minutes from downtown Sanford's charm, nightlife, restaurants, shopping, parks, and waterfront activities.
- Spacious layout designed for everyday living and entertaining.
- Convenient access to major roadways while maintaining a peaceful residential feel.
- Features 3 bedrooms and 2 bathrooms.
Overview
Located at 2820 Magnolia Avenue in Sanford, Florida, the property is noted to be just minutes from historic downtown Sanford, while still offering a peaceful residential feel. It is positioned near restaurants, shopping, parks, waterfront activities, and major roadways, providing practical access to everyday conveniences.
For buyers seeking a residential income property or flexible owner-occupant arrangement, the private suite stands out as an additional, self-contained living option within the duplex configuration. With recent renovations and a functional bedroom and bathroom setup, the property is positioned for tenants or households that value extra space and adaptability without requiring immediate improvements.
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 | $27.5k | $20.40 |
| − Vacancy | −$1.8k | −$1.35 |
| EGI | $25.7k | $19.05 |
| − OpEx | −$7.7k | −$5.72 |
| NOI | $18.0k | $13.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.267053
- Latitude
- 28.775354
