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Lakefront Development Opportunity in Sanford
For Sale
$3,950,000
Pending

1100 E 1ST STREET, Sanford, FL 32771

2.58 acres, fully entitled for high-density residential development.

Property SizeContact for details
Lot Size2.58 Acres
Days on Market243

Property Features for 1100 E 1ST STREET

General Information

Standard status Pending
Lot size 2.58 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $7,279

Amenities

Pool
Public Pool
Central Business District
Cleared
Level
Near Public Transit
Street Lights
Listing Agency: J MARK INTERNATIONAL REALTY LLC
Listed By: MIGUEL KALED, JR
Source: Corcoran
Added: Dec 10, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J MARK INTERNATIONAL REALTY LLC

Investment Insights

Based on property information with market context.

This lakefront property, a unique development opportunity, is situated in historic downtown Sanford and offers 360-degree views of Lake Monroe. Comprising two parcels, including Parcel ID 30-19-31-506-0100-0020, the property totals 2.58 acres. It is fully entitled for high-density residential development and is shovel ready. The approved development allows for a four-story, 80-unit condominium or apartment community with amenities. Located in Sanford's charming downtown business district, residents can easily walk to nearby restaurants and shops. The city hosts numerous community events, including the popular October Fest, featuring the world-famous German restaurant Hollerbach's, known for its authentic German cuisine and live folk music. The property's proximity to Lake Monroe and the St. John's River provides opportunities for outdoor recreation with parks, trails, and marinas. Seminole County also features highly rated schools.

Key Highlights

  • Lakefront property in historic downtown Sanford with 360‑degree views of Lake Monroe.
  • Fully entitled for high‑density residential development**, approved for a 4‑story, 80‑unit condominium or apartment community.
  • Shovel‑ready, two‑parcel property totaling 2.58 acres.

Property Analytics

Current Use

NewDay Veterinary Care Veterinary Clinic Pet Paradise Sanford Kennel & Boarding Facility

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service Kitchen & Bath Showroom Catering Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,217
Businesses Nearby

Demographics for 32771, FL

57,178
Population
24,062
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
37.5 sq mi
ZIP Area
1,525
Density / Sq Mi
$74,520
Median Household Income
$43,321
Median Earnings
$1,584
Median Rent
$332,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 2.58 acres, fully entitled for high-density residential development.
Where is this residential land & home lot located?
The property is located at 1100 E 1ST STREET Sanford, FL.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Lakefront property in historic downtown Sanford with **360‑degree views of Lake Monroe.**; Fully entitled for high‑density residential development**, approved for a 4‑story, 80‑unit condominium or apartment community.; Shovel‑ready, two‑parcel property totaling 2.58 acres.
More about this property
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