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Land Near Downtown Sanford
For Sale
$120,000

2531 OAK Ave, Sanford, FL 32773

Land with multi-family zoning near downtown Sanford.

Property SizeContact for details
Lot Size0.87 Acres
Days on Market255

Property Features for 2531 OAK Ave

General Information

Standard status Active
Lot size 0.87 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $266
Listing Agency: COLDWELL BANKER REALTY
Listed By: Michael Kanady · License #411665
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Jul 15 at 8:43PM

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 is zoned for multi-family use. Discussions with the City Planner and Staff suggest the possibility of subdividing the six lots into three larger lots, potentially allowing for the construction of three single-family homes. Water and sewer services are available through the City of Sanford. The location offers proximity to shopping, dining, and downtown Sanford's 1st Street, as well as the local Dairy Queen. According to the Seminole County Property Appraiser site, E1 wetlands are present, which may require mitigation for construction. The City Comprehensive Plan may allow for a zoning change to single-family to preserve wetlands, according to Planning and Zoning.

Key Highlights

  • Potential to build 3 single‑family homes after subdivision.
  • Water and sewer services available through the City of Sanford.
  • Close proximity to shopping and dining.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Bakery (Bike/Boat/Book/etc) Store Home Appliance Store Electrical Service Furniture & Home Goods

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

640
Businesses Nearby

Demographics for 32773, FL

33,990
Population
13,402
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
1,232
Density / Sq Mi
$63,496
Median Household Income
$40,479
Median Earnings
$1,482
Median Rent
$259,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Land with multi-family zoning near downtown Sanford.
Where is this land located?
The property is located at 2531 OAK Ave Sanford, FL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Potential to build **3 single‑family homes** after subdivision.; Water and sewer services available through the City of Sanford.; Close proximity to shopping and dining.
More about this property
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