1501 Terrace Drive
Sanford, FL 32773

Listed at $199,000

Details

  • MLS# O6434127
  • Residential - Single Family
  • Status Pending
  • 4 Bedrooms
  • 2 full Bathrooms
  • 1,504 Square Feet
  • 0.210 acres
  • Built in 1980
  • Local Schools

Description

Under contract-accepting backup offers. PRIME CORNER LOT OPPORTUNITY FOR BUILDERS & INVESTORS! Unlock the potential of this nearly 1/4-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,...read more 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.

Features

  • Electric Water Heater
  • Wall/Window Unit(s), Attic Fan
  • Carpet
  • Ductless
  • 1.0 Story
  • $880 Taxes
  • None
  • Built in 1980
View All Features

Contact the Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Residential - Single Family
  • Additional Rooms: Florida Room
  • Appliances: Electric Water Heater
  • Cooling: Wall/Window Unit(s), Attic Fan
  • Days on Site: 14
  • Directions: From FL-417 N take Exit 50 to US-17/US-92 towards Sanford. Turn right on US-17/US-92. Turn left onto W 27th St/Florida S. Turn left onto Santa Barbara Dr. Sharp right onto Georgia Ave. Turn left onto Terrace Dr and property is on the left Corner.
  • Exterior: Block
  • Exterior Features: Awning(s)
  • Flood Zone Code: X
  • Flooring: Carpet
  • Foundation: Slab
  • Heating: Ductless
  • Home Warranty Y/N: No
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom
  • Listing Terms: Cash, Conventional
  • Lot Description: Corner Lot
  • Lot Dimensions: 0.21
  • Lot Size: 0.21 Acres
  • Ownership: Fee Simple
  • Property Attached Y/N: No
  • Property Sub-Type: Single Family Residence
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Showing Instructions: Sentri Lock Box, Appointment Only, Call Before Showing, Call Listing Agent, ShowingTime
  • Special Sale Provisions: None
  • Stories: 1.0
  • Taxes: $880
  • Utilities: Electricity Connected, Water Connected
  • Water: None
  • Water Access Y/N: No
  • Year Built: 1980
  • Zoning: MR2