E 1st Street, Sanford, FL 32771

$1,250,000

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List Price
$1,250,000
Status
Active
Days on Market
1
MLS#
O6453588
Lot Size
48,812
Acres
1.07
Total Acreage
1 to less than 2
Legal Subdivision Name
Chapman & Tuckers Add
MLS Area Major
Sanford/Lake Forest

Property Description

An exceptional opportunity to acquire approximately 1.07 acres in downtown Sanford’s Waterfront Downtown Business District. Comprising two adjoining parcels at the southeast corner of East 1st Street and Pine Avenue, this prominent corner property offers approximately 330 feet of frontage along East 1st Street, additional frontage along Pine Avenue, and views of Lake Monroe. Located directly across from Fort Mellon Park and the Sanford Museum, the property enjoys a distinctive setting in the heart of downtown Sanford. Zoned RMOI (Multifamily Residential/Office/Institutional) with a WDBD (Waterfront Downtown Business District) future land use designation, the property offers potential for a variety of development possibilities, including professional offices, multifamily residential, and institutional uses, subject to applicable zoning requirements and city approvals. Just moments from the Lake Monroe waterfront and marina, the property is ideally positioned near Historic Downtown Sanford’s restaurants, breweries, art galleries, theaters, and the Sanford Avenue entertainment district. With its generous acreage, prominent corner location, lake views, and proximity to downtown amenities, this property presents an opportunity for developers and investors to explore its potential in one of Central Florida’s distinctive historic downtowns.

Additional Information

Taxes
$11352
Location
Buildable, Corner Lot, City Limits, Near Marina, Street Lights
Community Features
Street Lights, No Deed Restriction
Zoning
RMOI
Utilities
BB/HS Internet Available, Electricity Available, Sewer Available, Water Available
Pool
No Pool
Water Name
Lake Monroe
Water View
Lake, Marina
Flood Zone Code
X500
Parcel ID
30-19-31-515-220A-0000
Legal Description
Parcel 1: ALL SOUTH OF 1ST ST + 1/2 OF VACD ST ON S BLK 22 CHAPMAN + TUCKERS ADD PB 1 PG 24 Parcel 2: LOTS 6 7 8 9 + 10 & N 1/2 OF VACD ALLEY ADJ ON S BLK G 1ST STREET EXTENSION PB 3 PG 76

Listing courtesy of VAN DEN BERG REAL ESTATE GROUP. 407-739-9970

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