Final Reduction – Downtown Sanford Flip S Park Ave. Sanford, FL. 32771
Type Single Family Home, **SOLD** Status Flip, **SOLD** Location Florida Sub Location Sanford Price $249,000 Sq. Ft.1,580 + 512Bedrooms3Bathrooms2ARV$350k - $385kRehab$40,000+/-GarageNonePoolNoneTaxes/yr$538.50Lot Size (Acres)0.1562ConstructionFrameWaterfrontNoneYear1923SubdivisionSanford TerraceHOA Fees/mon/a
This is your chance to own a super unique Spanish Style Moughton house in Downtown Sanford. Elton Moughton is Sanford’s first and most celebrated Architect. The style has survived the decades and can be seen sparsely through the city. This particular Moughton is on Park Ave, arguably the best street in town, and is truly a Gem.
The rehab would focus on the kitchen in the main house and to get the in-law suite fully renovated. There are quite a few options with this property with different variances for additions and parking pads already approved by the city. The ARV is $350k – $385K+ taking into account that its on the best street and by the best architect.
Because of how original this house is, it is tough to nail down the exact value. The right person, who appreciates the history and the architect, may pay considerably over what the neighborhood offers. We spoke to a realtor who is familiar with this type of property on Park Ave and he swears it would sell for $380k. I will be happy to have anyone that is interested speak to the realtor for him to explain in detail.
Inspection report and video available upon request.