Dreams Do Come True with this income producing 1 bedroom, 1 bathroom condo in a prime Sanford location priced at $119,900 and already rented at $1,350 per month, generating $16,200 annually and delivering an impressive approximate 13.5% gross rent yield with a strong 7.4 GRM. 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, youll 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 todays rental prices as rates come down.