For Sale
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Property summary
This exceptional Sanford, Florida duplex presents a compelling investment opportunity. Located at 1511 W 12th St, 32771, in Seminole County, this completely renovated property boasts 1,509 square feet and offers two units, each a 2-bedroom, 1-bathroom layout. Each unit currently commands a monthly rent of $1,500, generating a total monthly income of $3,000. The property's strong financial performance is reflected in its impressive 11.02% capitalization rate and a net operating income (NOI) of $32,500. The asking price is $295,000, translating to a price per unit of $147,500 and a price per square foot of $195.49. Significant upgrades enhance the property's value and appeal, including a new roof (installed in 2020), a new HVAC system, a newer hot water heater, and brand-new insulation. The complete renovation was finished in 2024, ensuring modern amenities and reduced maintenance costs for the investor. This turnkey investment property is ready for immediate income generation and offers a strong return on investment in a desirable location. The property consists of one building and is categorized as an apartment building.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Sanford market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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