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    Property profile & analytics

    Seminole Blvd. And Mangoustine Ave Sanford, FL 32771

    • Land
    • 5.47 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Seminole Blvd. And Mangoustine Ave

    Lot size
    5.47 lot acres
    Property type
    Land

    Description

    This exceptional 5.47-acre commercial land parcel presents a remarkable investment opportunity in Sanford, Florida. Located in the vibrant Waterfront Downtown Business District, this property boasts stunning views of Lake Monroe and is approved for the construction of a 105-unit multi-family residential development. The RMOI zoning (Multi-Family Residential/Office/Institutional) allows for diverse development options. Its strategic location offers unparalleled convenience, situated next to HCA Florida Lake Monroe Hospital, a significant source of potential tenants. The property enjoys high visibility and accessibility, less than half a mile from the heavily trafficked West 1st Street/US Hwy 17-92 (24,500 AADT), and just one mile from the Sanford SunRail station, providing excellent public transportation access. This prime location offers a compelling combination of residential demand, medical proximity, and convenient transportation links, making it an ideal site for a thriving multi-family development. The asking price is $2,750,000. This is a rare opportunity to acquire a large, well-located parcel in a rapidly growing area with significant development potential. Don't miss out on this chance to capitalize on the thriving Sanford market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.2827
    Latitude
    28.8161

    Comparable in this City

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      4.48 Acres

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    • Value Estimation by Request
      1.45 Acres

      4040 Fl-46

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    Similar Nearby for Lease

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      Office Space at Towne Center

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    Seminole Blvd. And Mangoustine Ave
    Sanford, FL 32771
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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