500 3Rd St Sanford, FL 32771
- Mixed-use properties
- 11,700 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 500 3Rd St
- Property size
- 11,700 SF
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional 11,700 square foot mixed-use lot presents a remarkable investment opportunity in the heart of downtown Sanford, Florida. Located at 500 W 3rd St, Sanford, FL 32771 (APN: 25-19-30-5AG-0508-0010), this property is zoned SC3, allowing for a diverse range of commercial and residential uses. The asking price is $575,000, translating to $49.15 per square foot. Situated in Seminole County, this property benefits from its prime location within the burgeoning Waterfront Downtown Business District. Detailed zoning information, including permitted uses and dimensional regulations, is available upon request. The property is held under Tenants in Common ownership with a 50/50 split. This presents a unique chance to develop a project that capitalizes on the area's ongoing revitalization and growth. The property's mixed-use designation offers flexibility for a variety of development scenarios, catering to both commercial ventures and residential needs. This is an ideal opportunity for investors seeking a high-potential development site in a thriving Florida community. Further details regarding land use and zoning regulations are readily accessible.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.2722
- Latitude
- 28.8099
