223 W 3rd Street, Sanford, FL 32771

$800,000

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Sold Price
$800,000
List Price
$925,000
Status
Sold
Days on Market
119
Closing Date
Jun 10, 2025
MLS#
O6251307
Lot Size
52,272
Acres
1.20
Total Acreage
1 to less than 2
Legal Subdivision Name
Sanford Town Of
MLS Area Major
Sanford/Lake Forest

Property Description

BIG PRICE REDUCTION! Rare large commercial redevelopment site opportunity in red-hot downtown historic Sanford. Approximately 1.2 acres on 5 parcels on main thoroughfare through downtown, site has frontage and access from 3rd & 4th Streets. SC-3 Special Commercial zoning allows many commercial uses and can allow multi-family. Future Land Use is WDBD, Waterfront Downtown Business District, which allows for minimum set-backs, lower parking requirements, and up to 50 units/acre. Includes 3,760 sq ft historic warehouse built around 1910 with almost 2,000 ft covered porch – perfect for conversion to a microbrewery. Massive commercial and residential growth in the area. New restaurants & microbreweries are opening up the west end of historic downtown Sanford. Some of the buildings along 3rd St have fire damage. Please see survey and zoning docs.

Additional Information

Taxes
$4203
Community Features
No Deed Restriction
Zoning
SC3
Utilities
Sewer Connected, Water Connected
Pool
No Pool
Flood Zone Code
X
Parcel ID
25-19-30-5AG-0505-0060
Legal Description
LOTS 6 7 & 8 & THAT PART OF MYRTLE STREET N OF 4TH ST & S OF RY BLK 5 TR 5 TOWN OF SANFORD PB 1 PG 58

Listing courtesy of COLDWELL BANKER REALTY. 407-333-8088

Selling Office: RE/MAX 200 REALTY.

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