Sanford Historic Downtown Development
For Sale
$600,000
120 LAUREL AVENUE, Sanford, FL 32771
Corner lot in Sanford's Historic Downtown Commercial District.
Property SizeContact for details
Days on Market462
Property Features for 120 LAUREL AVENUE
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$2,583
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
MIKE PALOMBI
Source:
Corcoran
Added: Jun 4, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 COLDWELL BANKER REALTY
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,471
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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.
