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$103,000
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Property Description
Dreams Do Come True! Cash flow from day one. Priced at $109,900 and already rented at $1,350/month, this property produces $16,200 annually, offering an outstanding ~14.7% gross yield and ~6.8 GRM. Ideal for investors seeking strong returns in today's market. This 1 bedroom, 1 bathroom condo in a prime Sanford location already rented. The outstanding tenant would love to remain after the lease expires at the end of July 2026, providing built-in stability and immediate cash flow from day one. This unit is located in a spectacular low-HOA community known for its lush landscaping, meticulously maintained buildings and grounds, and an oversized community pool that creates a visually pleasing place to come home to every day. Inside, you'll find newer luxury vinyl plank flooring throughout, a bright living room with a large window overlooking the covered front patio, a dining area and kitchen with newer refrigerator and white appliances, and the convenience of an in-unit washer and dryer. The bedroom features a ceiling fan and walk-in closet, while the bathroom includes a tub/shower combo with a recently resurfaced bathtub. Additional upgrades include a hot water heater only two years old, a brand new front door with smart keypad lock and LED lighting, and a new screen door. Conveniently located near 17-92, Hwy 417, and just minutes to I-4, with easy access to Lake Mary, shopping, restaurants, and entertainment, this is a rare opportunity for savvy investors seeking strong returns and future owner-occupants looking to own for less than today's rental prices as rates come down.
Full Property Details
Full Property Details for 700 E Airport Blvd #A5
General
- Sold For: $103,000
- HOA FEE: $275/month
- Taxes: $1,834 (2024)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: O6371429
- Added to Site: 54 day(s) ago
Rental Information
- Min. Lease: 1-2 Years
Interior
- Number of Rooms: 3
- Interior Features: Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Washer
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Other
Additional Information
- Shared Amenities: Pool
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Open
Location
- Area: 32773 - Sanford
- County: Seminole
- Development Name: 32773 - Sanford
- Subdivision: SANDLEWOOD CONDO
- Driving Directions: From 417, take exit 49. Turn right onto 427, Ronald Reagan Blvd. In 1 mile, turn right onto E Airport Blvd. Condominium will be on your right in 0.3 miles.
- Direction Faces: West
Community
- Community Name: 32773 - Sanford
- Community Features: Pool
- Optional Amenities: Pool
- Association: Yes
- Assoc. Name: Aspire Community Management, Kathy Bollo
- Assoc. Fees Include: Community Pool
- Number of Pets: 1
- Pet Restrictions: Pet restrictions to be verified by buyer and/or buyer's agent., / 50lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Water Available
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 726
- Sq. Ft. Source: Public Records
- Living Area: 726 Sq. Ft.
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 1,000
- Lot Size: 1000
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $275
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $1,834
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 5 BLDG A SANDLEWOOD CONDOMINIUM ORB 985 PG 900
- Flood Zone Info: X
- APN: 0120305070A000050
- Property ID: 0120305070A000050
- Block/Lot/Section: NA
Listed and Sold by Investor's Real Estate Llc
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Schools
Schools serving 700 E Airport Blvd #A5
School District:Seminole County School District
| Name | Grades | Distance |
|---|---|---|
Pine Crest Elementary School 405 West 27th Street, Sanford, FL 32773 | K-5 | 0.4 mi |
Seminole High School, Sanford, FL 2701 Ridgewood Avenue, Sanford, FL 32773 | 9-12 | 1.1 mi |
Midway Elementary School 2368 Brisson Avenue, Sanford, FL 32771 | K-5 | 2.1 mi |
Millennium Middle School, Sanford, FL 21 Lakeview Avenue, Sanford, FL 32773 | 6-8 | 2 mi |
Hamilton Elementary School 1501 East 8th Street, Sanford, FL 32771 | K-5 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 E Airport Blvd #A5
Date
Details
Price
Change
Source
2/27/2026
Sold
$103,000
-6.28%
MLS
2/03/2026
Price Reduced
$109,900
-8.34%
MLS
1/10/2026
Listed
$119,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
700 E Airport Boulevard #A5, Sanford, FL 32773 (MLS# O6371429) is a Condo property that was sold at $103,000 on February 27, 2026. Want to learn more about 700 E Airport Boulevard #A5? Do you have questions about finding other Condo real estate for sale in Sanford? You can browse all Sanford real estate or contact a Coldwell Banker agent to request more information.

