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1707 RIDGEWOOD LANE UNIT A & B

Active With Contract
$315,000

BTC: 4.86711990

ETH: 165.55943321

2 days
4 bds
2 ba
1,674 sqft

Overview

Under contract-accepting backup offers. INVESTORS: TURNKEY CASH FLOW IN SEMINOLE COUNTY. Stop hunting for deals—this full duplex is the immediate portfolio booster you’ve been waiting for. Offering low maintenance, established stability, and instant cash flow from the moment you close escrow.THE INVESTMENT PROFILE: Instant Stability: Unit B boasts a phenomenal 9-year tenant with a signed lease extending through November 30, 2027, yielding a steady $1,550/mo.Value-Add Potential: Unit A is freshly vacant. Optimize your returns by setting your own market-rate rent, or utilize it as a premier owner-occupant house-hack. Expense Protection: Utilities are entirely decentralized. Separate electric meters and separate county water bills mean zero landlord utility expenses. Capital Expense Reduction: Equipped with a newer roof (2023), drastically lowering your immediate CapEx reserves and maximizing your cash-on-cash return. UNIT SPECIFICATIONS:Both mirror-image units feature a highly rentable layout: 2 Bedrooms / 1 Bathroom, designated private carports, open porch- unit A, Unit B screened porch, and individual indoor laundry rooms with washer/dryer hookups. Prime Sanford location with easy access to Lake Mary / Heathrow business centers and major Central Florida transit corridors, major employment hubs, shopping, and dining. Zoned for coveted Seminole County schools. Secure this high-performing property today before the market beats you to it!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1984
Lot:
0.28 Acres
Heating:
Central / Electric
Price/sqft:
$188
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$344,950
$262K – $434K
Confidence Low
List vs. estimate
$29K below estimate
List $315,000 · -8.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$188
-13.4% vs. city median $217
Based on
16 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,245
2025
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 02203050700000140

    • Zoning: MR2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: 1/2 Duplex

  • Utility

    • Electricity Available

    • Public

  • Other financial information

    • Annual tax amount: $3,245

  • Source details

    • MLS ID: R4911821

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Other

    • Laundry Features: Laundry Room

    • Direction Faces: East

    • Living Area: 1674

    • Water Source: Public

    • Subdivision Name: RIDGEWOOD ACRES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SIMS REALTY LLC