Seminole County, Sanford, FL 32771

SANFORD FL HALF ACRE 3 BED WITH 346K ARV AT 150K SANFORD, FL 32771 - SEMINOLE COUNTY - DIRECT DEAL 3 BED / 1 BATH / 2 CAR GARAGE - 0.48 ACRES - 1950 - $150,000 - ARV $346,152 A 1950 home on nearly half an acre in the Pinehurst 1st Addition pocket of Sanford, inside a mile of two magnet schools and minutes to I-4, at $150,000. The owner has held it since 1984, bought for $45,000, and carries no loans against it. Free and clear, which means no payoff, no short sale, no lender in the chain. Vacant at close, Flood Zone X, and thirty-six days to a December 3 closing. ARV is $346,152 and that number is deliberately conservative. Against the 1,952 square feet tax records show, it works out to $177 a foot in a market where comparable Sanford sales are averaging $222 and a 2,111 square foot home closed at $261 a foot last month. Against the 1,432 square feet the listing shows, it works out to $242 a foot, which is still inside what smaller Sanford homes have been clearing all year. In other words, the ARV holds at either square footage. That is unusual and it is the reason to take this one seriously. The scope is front-loaded and honest. Roof needs replacing. HVAC needs replacing. Electrical and plumbing both reported in good condition. And it is a one bathroom house in a market where every comparable has two or more, so a second bath belongs in your scope. THE NUMBERS Asking Price: $150,000 ARV: $346,152 Gross spread at asking: $196,152 Price per sqft at asking: Approximately $77 on 1,952 sqft, or $105 on 1,432 sqft ARV per sqft: Approximately $177 on 1,952 sqft, or $242 on 1,432 sqft Comparable average price per sqft: $222 Comparable average sale price: $438,000 AVM: $290,763 Estimated market rent: $2,837 per month Last sold: $45,000 on 03/01/1984 Open loans against the property: $0, free and clear EMD: $5,000 non-refundable No rehab estimate provided - bring your contractor and build your own PROPERTY SNAPSHOT Address: Sanford, FL 32771 County: Seminole Subdivision: Pinehurst 1st Addition Beds / Baths / Parking: 3 Bed / 1 Bath / 2 Car Garage Living Area: 1,952 sqft per tax records, 1,432 sqft per listing, total area 2,780 sqft Lot Size: 0.48 acres, 20,502 sqft Year Built: 1950 Construction: Wood frame, single story Reported features: Fireplace, garage Flood Zone: X, not in a flood zone Occupancy: Vacant, and vacant at close with no holdback Access: By appointment Sold as-is Direct deal, no daisy chains THE SQUARE FOOTAGE - AND WHY THE ARV SURVIVES IT The listing shows 1,432 square feet. Seminole County tax records show 1,952. Total area is 2,780. That is a 520 foot gap and you should settle it yourself on the walkthrough or through the Seminole County Property Appraiser. But here is what makes this deal workable either way. At $346,152: If the house is 1,952 sqft, your ARV is $177 per foot, which is below the $222 comparable average and well below the $261 a foot that 309 W 16th St cleared in September If the house is 1,432 sqft, your ARV is $242 per foot, which sits inside the $245 to $285 range that smaller Sanford 3 bedroom homes closed at this year Most deals fall apart when the square footage comes back light. This one does not. Verify it anyway, because it changes your renovation budget and your exit price even if it does not change whether the deal works. COMP SUPPORT - LARGER SANFORD HOMES 309 W 16th St, Sanford FL 32771 - 3 Bed / 2 Bath, 2,111 sqft, built 1931, 0.35 acre - SOLD $551,000 on 09/30/2026 after 70 days on market - approximately $261 per sqft 412 Editha Cir, Sanford FL 32771 - 3 Bed / 3 Bath, 1,773 sqft, built 2015, 10,486 sqft lot - SOLD $325,000 on 05/04/2026 - approximately $183 per sqft Comparable averages across this set: $438,000 sale price, 1,942 sqft, $222 per sqft, 0.30 acre lot, 1973 build. COMP SUPPORT - SMALLER SANFORD HOMES 101 Country Club Drive, Sanford FL 32771 - 3 Bed / 2 Bath, 1,028 sqft - SOLD $292,000 on 06/01/2026 - approximately $284 per sqft 115 Hays Drive, Sanford FL 32771 - 3 Bed / 2 Bath, 1,038 sqft - SOLD $296,000 on 03/31/2026 - approximately $285 per sqft 1809 Chase Avenue, Sanford FL 32771 - 3 Bed / 2 Bath, 1,124 sqft - SOLD $275,000 on 06/22/2026 - approximately $245 per sqft These three are roughly half the size of the subject by tax record and still cleared $275,000 to $296,000, averaging about $271 a foot. The published ARV of $346,152 is only modestly above the top of that range despite the subject being substantially larger and on nearly twice the land. HOW TO READ ALL OF THIS Two independent per-foot reads bracket this property. The larger-home set averages $222 a foot. The smaller-home set averages $271 a foot. The best size match in either set, 309 W 16th St at 2,111 square feet and built in 1931, closed at $261 a foot in seventy days on market. The $346,152 ARV sits under all three of those on the tax-record square footage. It is not a stretch number. Now the discipline, because you should hear both sides. Larger homes trade at lower price per foot than smaller ones, so do not scale the $271 figure up. 412 Editha Circle is 2015 construction and a 1950 wood frame is a different product. The one bathroom has to become two before this comps to anything above. There is also a separate as-is comp set in the Goldsboro pocket west of here, nearer W 12th Street, where 4 bedroom homes sold at $120,000 and $138,800 this year after 155 and 219 days on market. That is a different submarket from Pinehurst 1st Addition, and it is why diligence on location matters as much as diligence on scope. Walk both pockets if you do not know Sanford. CONDITION - SELLER REPORTED Roof: Needs new roof HVAC: Needs new HVAC Electrical: Reported in good condition Plumbing: Reported in good condition Add to your own list. This is a 1950 wood frame house in Central Florida, so inspect sill, framing and any termite or moisture history closely. A house needing both roof and HVAC will not bind standard insurance until that work is done, which affects your carry and your lender. And budget the second bathroom. THE LOT At 0.48 acres and 20,502 square feet, this parcel is substantially larger than a typical Sanford infill lot and larger than every comp in either set, where the average lot is 0.30 acres. That is value none of the comps capture and none of it is in the $346,152. Depending on current City of Sanford zoning and minimum lot standards, a parcel this size may support more than one use. Verify zoning, minimum lot width and area, setbacks and any split or accessory dwelling potential with the City of Sanford before underwriting any of it. WHY SANFORD AND THIS POCKET Sanford sits at the north end of Seminole County, roughly twenty-five minutes from downtown Orlando, with SunRail service, a walkable historic downtown on Lake Monroe, and Orlando Sanford International Airport. Seminole County schools are among the strongest draws in the metro. This parcel sits in Pinehurst 1st Addition, within a mile of two magnet schools, with strong access to the I-4 corridor. Estimated market rent on the property is $2,837 per month. EXIT STRATEGIES Fix and flip: Roof, HVAC and a second bath are the core scope, against a $346,152 ARV that sits below comparable per-foot pricing Buy and hold: Estimated rent of $2,837 per month against a $150,000 basis, in a Seminole County school zone with SunRail access BRRRR: Acquire, complete the capital work, stabilize at market rent and refinance against a comp-supported value Lot play: Confirm with the City of Sanford whether 0.48 acres supports a split or an accessory dwelling, and underwrite that only on the city’s answer DEAL TERMS Purchase Price: $150,000 EMD: $5,000 non-refundable, due within 48 hours of executed contract COE: On or before December 3, 2026 Title: Albatross Title Occupancy: Vacant, vacant at close with no holdback Access: By appointment Sold as-is Cash or hard money only Buyer pays all closing costs, including escrow, title and title insurance Transaction coordination fee of $425 paid by buyer Direct deal, no daisy chains First come, first served WHOLESALE DISCLOSURE [representative] is not the record owner of this property. We hold or are in the process of holding an equitable interest in the property under a purchase and sale agreement, and we are marketing that equitable interest for assignment. We are not a licensed Florida real estate brokerage and we are not acting as an agent for the seller or for any buyer. This is an assignment of an equitable interest in a real estate contract, not a listing of the real property itself. Earnest money on an assignment of contract is non-refundable. [representative] operates in compliance with Florida wholesale disclosure requirements. Flood zone is reported as Zone X, outside a special flood hazard area. Buyer to verify current FEMA designation independently. All information above is gathered from tax records, third-party valuation models, public listing data, or directly from the seller or realtor, and is not guaranteed. ARV, estimated values, AVM figures and rent estimates are model-generated outputs from third-party platforms, not appraisals. Living area is reported as 1,432 sqft by the listing and 1,952 sqft by tax records and must be independently verified. Buyer to do their own due diligence including independent inspection, independent ARV verification, and confirmation of square footage, bed and bath count, permit history, zoning and lot split eligibility, insurance cost, title and liens before executing any purchase agreement. THE CALL Sanford, Seminole County. Nearly half an acre, Flood Zone X, vacant at close, free and clear title. $150,000 against a $346,152 ARV that holds whether this house measures 1,432 feet or 1,952. Roof, HVAC and a second bath are the scope. Thirty-six days to close. Call or text and bring your contractor through this week. Jervon - [representative] [contact details hidden]