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$349,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 306 S Elm Ave
General
- Price: $349,000
- Taxes: $2,539 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6423664
- Updated: Today (7/10/2026)
- Added to Site: Today
Rental Information
- Min. Lease: 8-12 Months
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), Stone Counters, Window Treatments
- Appliances: Electric Water Heater, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Awning(s), Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sidewalk
- Deck/Patio: Front Porch, Rear Porch, Screened
- Porch/Patio/Deck: Front Porch, Rear Porch, Screened
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
Location
- Area: 32771 - Sanford/Lake Forest
- County: Seminole
- Development Name: 32771 - Sanford/Lake Forest
- Subdivision: SANFORD TOWN OF
- Driving Directions: Take I4 to State Road 46 , Travel east on State Road 46, Make a right turn on S. French Ave (17-92), Make a left turn onto 3rd St. (second street on the left). Make your second right onto S. Elm St. House will be second one on the right.
- Direction Faces: East
Community
- Community Name: 32771 - Sanford/Lake Forest
- Pet Restrictions: Please confirm with the city and county for any pet restrictions and ordinances.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Fiber Optics, Sewer Connected, Street Lights, Water Connected
Structural Information
- Exterior Const.: Wood Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,257
- Sq. Ft. Source: Public Records
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,869
- Lot Size: 5869
- Street/Road Desc.: Asphalt
- Fencing (Description): Board
Financial Considerations
- Tax Amount: $2,539
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 2 BLK 5 TR 7 TOWN OF SANFORD PB 1 PGS 56-64
- Flood Zone Info: X
- APN: 2519305AG05070020
- Property ID: 2519305AG05070020
- Block/Lot/Section: 5
Listed by Pratt Realty Inc
Get Pre-Approved Today
Schools
Schools serving 306 S Elm Ave
School District:Seminole County School District
| Name | Grades | Distance |
|---|---|---|
Hamilton Elementary School 1501 East 8th Street, Sanford, FL 32771 | K-5 | 1.2 mi |
Pine Crest Elementary School 405 West 27th Street, Sanford, FL 32773 | K-5 | 2.2 mi |
Seminole High School, Sanford, FL 2701 Ridgewood Avenue, Sanford, FL 32773 | 9-12 | 2.2 mi |
Markham Woods Middle School 6003 Markham Woods Road, Lake Mary, FL 32746 | 6-8 | 7 mi |
Midway Elementary School 2368 Brisson Avenue, Sanford, FL 32771 | K-5 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 306 S Elm Ave
Date
Details
Price
Change
Source
7/10/2026
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 306 S Elm Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,690
16%
$196,770
4%
2024
$2,316
10%
$189,486
11%
2023
$2,113
30%
$170,485
56%
2021
$1,629
-12%
$109,444
-22%
2022
$1,856
14%
$140,392
50%
2021
$1,629
43%
$93,377
50%
2018
$1,139
7%
$62,092
7%
2017
$1,063
7%
$58,233
17%
2016
$994
—
$49,592
2%
2015
$990
-25%
$48,642
-26%
2019
$1,322
39%
$66,007
38%
2014
$951
-4%
$47,757
-2%
2013
$990
—
$48,572
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 306 S Elm Ave
306 S Elm Avenue, Sanford, FL 32771 (MLS# O6423664) is a Single Family property with 3 bedrooms and 2 full bathrooms. 306 S Elm Avenue is currently listed for $349,000 and was received on July 10, 2026. Want to learn more about 306 S Elm Avenue? Do you have questions about finding other Single Family real estate for sale in Sanford? You can browse all Sanford real estate or contact a Coldwell Banker agent to request more information.

