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    106 Magnolia Ave Sanford, FL 32771

    For Sale
    $1,000,000

    Mixed Use - SANFORD, FL

    Type:Mixed Use
    Property size:
    3,952 SF
    Lot size:
    0.05 Acres
    Days on Market:
    116
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 106 Magnolia Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    SC3
    APN
    25-19-30-5AG-0303-001A
    Exterior features
    Corner Lot
    Size
    3,952 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Flooring type
    Carpet, Hardwood, Tile
    Building materials
    Brick
    Architectural style
    Other

    Jernigan Properties Inc (407) 330-3255 [email protected]

    Listing agent Roland R Jernigan, Jr. (407) 330-3255 License #641113

    Listing date Aug 14, 2025

    MLS# O6116386 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income Producing Sanford Mixed-Use Property

    Located in the heart of Sanford's Historic District on Magnolia Square, this income-producing mixed-use property offers a prime location between 1st Street and 2nd Street. The property benefits from its location on Magnolia Square, which hosts events such as the Farmer's Market every Saturday. The building, zoned SC3, allows for many uses. The property features fresh exterior paint, doors, and an awning. A new roof was installed in February 2024. The building has a great rental history with long-term tenants. The property contains 3,952 square feet and is situated on a lot of 0.05 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jernigan Properties Property Management Company

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.267203
    Latitude
    28.811344

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    FAQs

    What type of property is this?
    Mixed-use property - Income-producing mixed-use property in the heart of Sanford's Historic District.
    Where is this mixed-use property located?
    The property is located at 106 Magnolia Ave Sanford, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - New roof installed February 2024.; - Income-producing property with long-term tenants.; - Prime location in the heart of Sanford's Historic District on Magnolia Square.
    (407) 330-3255
    Request Owner's contact information
    106 Magnolia Ave Sanford, FL 32771
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    Sanford, FL 32771
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 Magnolia Ave Sanford, FL 32771
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