1100 E 1st Street, Sanford, FL 32771

$3,950,000

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List Price
$3,950,000
Status
Pending
Days on Market
127
Price Change
▼ $50,000 1765403479
MLS#
O6366272
Lot Size
112,384
Acres
2.58
Total Acreage
2 to less than 5
MLS Area Major
Sanford/Lake Forest

Property Description

Under contract-accepting backup offers. Bring your developer and investor clients. One of a kind development opportunity - this lakefront property is located in historic downtown Sanford with 360 degree views of Lake Monroe. This property is two parcels - including Parcel ID 30-19-31-506-0100-0020 combined for a total of 2.58 acres. The property is shovel ready and FULLY ENTITLED FOR HIGH DENSITY RESIDENTIAL. Approved development is a 4 story, 80 unit condominium or apartment community with amenities. Located in a the charming, downtown business district of Sanford, Florida - residents can walk out their front door to nearby restaurants and shops. The city of Sanford host many community events including the popular October Fest featuring world famous German restaurant Hollerbach's known for its authentic German cuisine and live folk music. The close proximity to Lake Monroe and St John's River allows for many outdoor recreations with its many parks, trails and marinas. Additionally Seminole county boasts some of he highest rated schools in Central Florida.

Additional Information

Taxes
$7278
Location
Central Business District, Cleared, Historic District, City Limits, In County, Level, Near Public Transit, Other, Street Lights
Community Features
No Deed Restriction
Zoning
HDR
Utilities
Cable Available, Electricity Available, Other, Phone Available, Public, Water Available
Pool
No Pool
Water Name
Lake Monroe
Water View
Lake, Lake - Chain of Lakes
Water Frontage
Lake Front, Lake Privileges
Flood Zone Code
AE
Parcel ID
30193150601000040
Legal Description
PARCEL 1 - LOT 4 & S 1/2 VACD ALLEY ADJ ON N BLK 1, SAN CARLOS SUBDIVISION AS RECORDED IN PB 8, PG 21 OF THE PUBLIC RECORDS OF SEMINOLE COUNTY FLORIDA; PARCEL 2 - LOTS 2 & 3 & VACD ALLEY ADJ TO LOT 2 ON S (LESS 1/2 OF W 125 FT OF VACD ALLEY) & VACD ALLEY ADJ TO LOT 3 ON S BLK 1, SAN CARLOS SUBDIVISION AS RECORDED IN PB 8, PG 21 IN PUBLIC RECORDS OF SEMINOLE COUNTY, FLORIDA

Listing courtesy of J MARK INTERNATIONAL REALTY LLC. 407-724-1789

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