RARE investment opportunity in the heart of Sanford! This MULTI-FAMILY PROPERTY offers highly sought-after SC-3 zoning, a designation that rarely comes to market. SC-3 (Special Commercial-3) implements the Comprehensive Plan’s “Waterfront Downtown Business District” designation, allowing for a unique mixed-use and general commercial zoning classification. Originally built in 1910, this well-maintained property sits on a fully fenced 0.13-acre lot. The main residence features 2 bedrooms and 1 bathroom, accessed through a welcoming screened front porch. Tucked behind the privacy fence is an ADDITIONAL 1-bedroom, 1-bathroom living space with its own screened porch and private entrance, offering excellent flexibility for rental income, multi-generational living, or a live/work opportunity. Ideally located just a short walk from vibrant Downtown Sanford, the property offers convenient access to local restaurants, boutique shopping, the scenic Lake Monroe waterfront, and the popular Paw Park. Enjoy the charm of Sanford’s historic district while being close to breweries, entertainment, parks, community events, and everyday conveniences. Whether you’re looking to generate rental income, establish a business, explore redevelopment opportunities, or own a unique property in one of Central Florida’s fastest-growing areas, this property’s zoning and location offer exceptional potential. Schedule your private showing today!
Property Details
Price:
$300,000
MLS #:
O6423664
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SANFORD TOWN OF
Neighborhood:
32771sanfordlakeforest
Listed Date:
Jul 10, 2026
Finished Sq Ft:
1,257
Total Sq Ft:
1,929
Lot Size:
5,869 sqft / 0.13 acres (approx)
Year Built:
1910
See this Listing
Schools
Interior
Appliances
Electric Water Heater, Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Wall/Window Unit(s)
Flooring
Luxury Vinyl
Heating
Wall Units / Window Unit
Interior Features
Ceiling Fan(s), Stone Counters, Window Treatments
Laundry Features
None
Levels
One
Exterior
Construction Materials
Wood Siding
Covered Spaces
1
Direction Faces
East
Exterior Features
Awning(s), Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sidewalk
Fencing
Board
Patio And Porch Features
Front Porch, Rear Porch, Screened
Roof
Shingle
Financial
Tax Year
2025
Taxes
$2,539
Map
Community
- Address306 S ELM AVENUE SANFORD FL
- SubdivisionSANFORD TOWN OF
- CitySANFORD
- CountySeminole
- Zip Code32771
Market Summary
Current real estate data for Single Family in SANFORD as of Aug 29, 2026
405
Single Family Listed
96
Avg DOM
236
Avg $ / SqFt
$526,997
Avg List Price
Property Summary
- Located in the SANFORD TOWN OF subdivision, 306 S ELM AVENUE SANFORD FL is a Single Family for sale in SANFORD, FL, 32771. It is listed for $300,000 and features 3 beds, 2 baths, and has approximately 1,257 square feet of living space, and was originally constructed in 1910. The current price per square foot is $239. The average price per square foot for Single Family listings in SANFORD is $236. The average listing price for Single Family in SANFORD is $526,997. To schedule a showing of MLS#o6423664 at 306 S ELM AVENUE in SANFORD, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of PRATT REALTY INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 306 S ELM AVENUE
SANFORD, FL