120 LAUREL AVENUE Sanford, FL 32771

Listing agency COLDWELL BANKER REALTY

Listed by MIKE PALOMBI

Source Corcoran

Added: Jun 4, 2025 Updated: Mar 16 at 9:09AM Checked: Mar 16 at 9:09AM

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Investment Insights

Based on property information with market context.

This property presents a prime development opportunity in the heart of Sanford's Historic Downtown Commercial District. The large corner lot has frontage and access from 3rd and 4th Streets, situated one block off 17-92 and 1st St. It is zoned SC-3 infill commercial by the City of Sanford, which allows for many commercial uses and can allow multi-family development. The future land use is WDBD, Waterfront Downtown Business District, which allows for minimum set-backs, lower parking requirements, and up to 50 units per acre. New restaurants and microbreweries are opening up the west end of historic downtown Sanford. The zoning allows many commercial uses and can allow multi-family.

Key Highlights

• Prime development opportunity in Sanford's Historic Downtown Commercial District.
• SC‑3 zoning allows for diverse commercial uses and potential multi‑family development.
• WDBD Future Land Use permits minimum setbacks, reduced parking, and up to 50 units/acre.

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FAQs

What type of property is this?

Commercial land - Corner lot in Sanford's Historic Downtown Commercial District.

Where is this commercial land located?

The property is located at 120 LAUREL AVENUE Sanford, FL.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: Prime development opportunity in Sanford's Historic Downtown Commercial District.; SC‑3 zoning allows for diverse commercial uses and potential multi‑family development.; WDBD Future Land Use permits minimum setbacks, reduced parking, and up to 50 units/acre.