5-Unit Multifamily
For Sale
Contact for pricing
1401 W 1st St., Sanford, FL 32771
Five-unit downtown Sanford apartment building with approximately 140’ frontage and reported 19,000 ADT.
Property SizeContact for details
Days on Market129
Property Features for 1401 W 1st St.
General Information
Standard status
Active
Property subtype
Land, Office, Multifamily
Listing Agency:
Palkiper Commercial Real Estate Services
Listed By:
Blake Trent · License #FL SL3367575
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 3:02AM
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 Palkiper Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This 5-unit multifamily apartment property is offered for sale. The site consists of a combination of three lots and is described as having current site rents of $700 per unit. The property is noted as RMOI zoned and is reported to generate a value-add 11% cap, with an indicated 19,000 ADT (± 0.86).
The property is located in downtown Sanford, across the street from Central Florida Regional Hospital and other medical offices. It is also stated to be close to SR 417 and I-4.
The building sits on approximately ±0.86 acres and is described with about 140’ of frontage.
The property is located in downtown Sanford, across the street from Central Florida Regional Hospital and other medical offices. It is also stated to be close to SR 417 and I-4.
The building sits on approximately ±0.86 acres and is described with about 140’ of frontage.
Key Highlights
- 5‑unit apartment building in downtown Sanford across from Central Florida Regional Hospital and other medical offices
- Reported 11% cap rate with current site rents of $700/mo each unit
- Approximately 0.86 acres with about 1409 frontage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
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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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit downtown Sanford apartment building with approximately 140’ frontage and reported 19,000 ADT.
Where is this apartment building located?
The property is located at 1401 W 1st St. Sanford, FL.
What are key features of this property?
This property features: 5‑unit apartment building in downtown Sanford across from Central Florida Regional Hospital and other medical offices; Reported 11% cap rate with current site rents of $700/mo each unit; Approximately 0.86 acres with about 1409 frontage
