1501 Terrace Drive, Sanford, FL 32773

$199,000
4
BD
2
BA
1,504
SqFt

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List Price
$199,000
Status
Active
Days on Market
0
MLS#
O6434127
Property Style
Single Family
Year Built
1980
Bedrooms
4
Bathrooms
2
Living Area
1,504
Price per sq. ft.
132.31
Lot Size
9,308
Acres
0.21
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Geneva Terrace Amd
MLS Area Major
Sanford

Property Description

PRIME CORNER LOT OPPORTUNITY FOR BUILDERS & INVESTORS! Unlock the potential of this nearly ¼-acre corner lot in Sanford, offering 2,000+ square feet under roof and exciting possibilities for redevelopment. The property is ready for a complete renovation and presents multiple opportunities for the right buyer. Renovate and expand the existing structure, take advantage of the generous footprint to create a larger residence, or explore the potential for multifamily use or multiple residential units, subject to zoning and City of Sanford approval. The corner lot location, ample lot size, existing structure, and potential redevelopment opportunities make this a unique opportunity for an investor, builder, or developer looking to add value. Bring your vision and transform this property into your next project! Buyers should independently verify zoning, permitted uses, density, redevelopment options, and all building requirements.

Additional Information

Taxes
$880
Minimum Lease Period
8-12 Months
Location
Corner Lot
Community Features
No Deed Restriction
Property Description
One Story
Zoning
MR2
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom
Floor
Carpet
Appliances
Electric Water Heater
Utilities
Electricity Connected, Water Connected
Heating
Ductless
Air Conditioning
Wall/Window Unit(s), Attic Fan
Exterior Construction
Block
Exterior Features
Awning(s)
Roof
Shingle
Foundation
Slab
Pool
No Pool
Elementary School
Wicklow Elementary
Middle School
Millennium Middle
High School
Seminole High
Flood Zone Code
X
Parcel ID
02-20-30-502-0000-0830
Legal Description
LOT 83 (LESS W 15.36 FT) GENEVA TERRACE AMENDED PLAT PB 12 PG 82

Listing courtesy of KELLER WILLIAMS REALTY AT THE PARKS. 407-629-4420

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