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Residential Lots Near Downtown Sanford
For Sale
$120,000

2531 OAK AVENUE, Sanford, FL 32773

Residential lots suitable for single-family homes near downtown Sanford.

Property SizeContact for details
Lot Size0.87 Acres
Days on Market879

Property Features for 2531 OAK AVENUE

General Information

Standard status Active
Lot size 0.87 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $266

Amenities

Pool
Public Pool
Listing Agency: COLDWELL BANKER REALTY
Listed By: MICHAEL KANADY · License #411665
Source: Corcoran
Added: Mar 15, 2024 Changed: Aug 8 Last Checked: Aug 8 at 2:09PM

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.

These lots, currently zoned for multi-family use, are located close to shopping, dining, and downtown Sanford's 1st Street. According to discussions with the City Planner and Staff, there is a 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 Seminole County Property Appraiser site indicates the presence of E1 wetlands that may require mitigation for building. According to the Planning and Zoning (PZ), the City Comprehensive Plan allows for a zoning change to single-family to preserve wetlands.

Key Highlights

  • Potential for subdivision into 3 single‑family lots.
  • City Planner indicates possible approval for single‑family homes.
  • Water and sewer services available through the City of Sanford.

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?
Residential land & home lot - Residential lots suitable for single-family homes near downtown Sanford.
Where is this residential land & home lot located?
The property is located at 2531 OAK AVENUE 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 for subdivision into 3 single‑family lots.; City Planner indicates possible approval for single‑family homes.; Water and sewer services available through the City of Sanford.
More about this property
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