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Sold for $305,000
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  • $305,000

    300 HIBISCUS DRIVE, SANFORD, FL 32773

    4beds
    3baths
    1,350sqft
    Triplex, Multi Family
    Built in 1926
    -- sqft lot
    $306,600 Zestimate®
    $226/sqft
    $1,197 Estimated rent

    Home value

    $306,600

    $276,000 - $337,000

    $1,197/mo

    Zestimate® history
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    $1,197/mo

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    $1,197/mo

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    $2,027/mo

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    $2,027/mo

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    What's special

    BACK ON THE MARKET AFTER RECENT RENOVATIONS! This single-family home was divided into three well-maintained units (2 ADUs). Two of the three units have already been FULLY REMODELED, and with some updates to the remaining 2-bedroom unit, you could raise the rent to maximize returns. With a total rental income of $3,375/month prior to renovations, there is significant upside potential to further increase your cash flow. Additional updates make this an even more attractive investment: a BRAND-NEW ROOF was installed in 2023, along with a NEW SEPTIC DRAIN FIELD, ensuring long-term reliability. The property has also been enhanced with a NEW FENCE and FRESH EXTERIOR PAINT, adding curb appeal and increasing desirability for tenants. While the charming tiny house shown in the photos is not included in the sale price, the owner is open to selling it separately. The tiny house is already connected to both electric and septic, making it an excellent opportunity to further boost monthly income by renting it out. Located in Sanford, a vibrant city known for its rich history, picturesque waterfront, and growing community, this property offers GROWTH POTENTIAL. Sanford’s historic downtown district, along with its proximity to major highways and the Orlando area, makes it a highly desirable location for tenants. This property is a must-see for savvy investors looking to secure a stable income-producing asset with room for growth. Don’t miss out on this opportunity to build your portfolio in one of Central Florida’s up-and-coming areas!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dustin Klath 407-808-6984,

    PREFERRED REAL ESTATE BROKERS 407-440-4900

    Bought with:

    Humaira Kareem, 3488438

    LPT REALTY, LLC

    Source: Stellar MLS,MLS#: O6266820MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: None
    Features
    • Ceiling Fan(s), Other, Thermostat
    • Has fireplace: No
    Interior area
    • Total structure area: 1,358
    • Total interior livable area: 1,350 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other
    Lot
    • Size: 9,148 Square Feet
    • Dimensions: 140 x 58
    Details
    • Parcel number: 122030503000000B0
    • Zoning: SR1
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Wood Frame
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Public

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: FLORA HEIGHTS
    HOA
    • Has HOA: No
    Location
    • Region: Sanford

    Financial & listing details

    • Price per square foot: $226/sqft
    • Tax assessed value: $185,831
    • Annual tax amount: $3,233
    • Date on market: 12/27/2024
    • Cumulative days on market: 247 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 3375
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/29/2026Listing removed$850$1/sqft
    Source: Zillow Rentals Report a problem
    3/18/2026Listed for rent$850-37%$1/sqft
    Source: Zillow Rentals Report a problem
    3/2/2026Listing removed$1,350$1/sqft
    Source: Zillow Rentals Report a problem
    1/8/2026Listed for rent$1,350$1/sqft
    Source: Zillow Rentals Report a problem
    12/29/2025Sold$305,000-15.3%$226/sqft
    Source: Stellar MLS #O6266820 Report a problem
    9/22/2025Pending sale$360,000$267/sqft
    Source: Stellar MLS #O6266820 Report a problem
    9/2/2025Price change$360,000-5.3%$267/sqft
    Source: Stellar MLS #O6266820 Report a problem
    8/28/2025Listed for sale$380,000$281/sqft
    Source: Stellar MLS #O6266820 Report a problem
    8/24/2025Pending sale$380,000$281/sqft
    Source: Stellar MLS #O6266820 Report a problem
    8/15/2025Price change$380,000-3.8%$281/sqft
    Source: Stellar MLS #O6266820 Report a problem
    7/18/2025Listed for sale$395,000+5.3%$293/sqft
    Source: Stellar MLS #O6266820 Report a problem
    7/1/2025Listing removed$375,000$278/sqft
    Source: Stellar MLS #O6266820 Report a problem
    4/28/2025Price change$375,000-2.6%$278/sqft
    Source: Stellar MLS #O6266820 Report a problem
    3/10/2025Price change$385,000-1.3%$285/sqft
    Source: Stellar MLS #O6266820 Report a problem
    2/10/2025Price change$390,000-1.3%$289/sqft
    Source: Stellar MLS #O6266820 Report a problem
    1/26/2025Price change$395,000-1.3%$293/sqft
    Source: Stellar MLS #O6266820 Report a problem
    12/27/2024Listed for sale$400,000+56.9%$296/sqft
    Source: Stellar MLS #O6266820 Report a problem
    4/24/2023Sold$255,000+13.3%$189/sqft
    Source: Public Record Report a problem
    3/1/2023Pending sale$225,000$167/sqft
    Source: Stellar MLS #O6088085 Report a problem
    2/2/2023Listed for sale$225,000+29.5%$167/sqft
    Source: Stellar MLS #O6088085 Report a problem
    9/9/2020Sold$173,800-2.9%$129/sqft
    Source: Public Record Report a problem
    8/11/2020Pending sale$179,000$133/sqft
    Source: INVESTOR'S REAL ESTATE LLC #O5876025 Report a problem
    8/5/2020Price change$179,000-5.8%$133/sqft
    Source: INVESTOR'S REAL ESTATE LLC #O5876025 Report a problem
    7/7/2020Listed for sale$190,000+167.6%$141/sqft
    Source: INVESTOR'S REAL ESTATE LLC #O5876025 Report a problem
    6/7/2019Sold$71,000+184%$53/sqft
    Source: Public Record Report a problem
    11/19/2018Sold$25,000$19/sqft
    Source: Public Record Report a problem
    1/21/1998Sold$25,000$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,369 +4.2%$185,831 +1.5%
    2024$3,234 +25.1%$183,118 +32%
    2023$2,585 +8.3%$138,703 +10%
    2022$2,387 +14.2%$126,094 +10%
    2021$2,091 +104.2%$114,631 +105.5%
    2020$1,024 +8.2%$55,771 +9.5%
    2019$946 $50,943 +79.1%
    2018$946 +1361.4%$28,450 +2.1%
    2017$65 +18.7%$27,865 +1.4%
    2016$55 +18.8%$27,483 +1.4%
    2015$46 $27,102 +0.8%
    2014$46 +51.2%$26,887 +1.5%
    2013$30 +46.8%$26,490 +1.7%
    2012$21 +260.5%$26,047 +3%
    2011$6 $25,288 +1.5%
    2010-- $24,914 +2.7%
    2009-- $24,259 +0.1%
    2008-- $24,235 +3%
    2007-- $23,529 +2.5%
    2006-- $22,955 +3%
    2005-- $22,286 +3%
    2004-- $21,637 +1.9%
    2003-- $21,234 +2.4%
    2002-- $20,736 +4.6%
    2000-- $19,815
    Find assessor info on the county website

    Neighborhood: 32773

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $306,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $306,600