1 month on rocket

223 W 3rd St, Sanford, FL, 32771

$999,900

1.20 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #O6251307
Lot Size1.20 Acres
StatusActive

About 223 W 3rd St

Rare large commercial redevelopment site opportunity in red-hot downtown historic Sanford. Approximately 1.2 acres on 5 parcels on main thoroughfare through downtown, site has frontage and access from 3rd & 4th Streets. SC-3 Special Commercial zoning allows many commercial uses and can allow multi-family. Future Land Use is WDBD, Waterfront Downtown Business District, which allows for minimum set-backs, lower parking requirements, and up to 50 units/acre. Includes 3,760 sq ft historic warehouse built around 1910 with almost 2,000 ft covered porch – perfect for conversion to a microbrewery. Massive commercial and residential growth in the area. New restaurants & microbreweries are opening up the west end of historic downtown Sanford. Some of the buildings along 3rd St have fire damage. Please see survey and zoning docs.

Property Details

Property Features

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (407) 333-8088
  • Listing Agent: Mike Palombi

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Lot Features

Lot Information:

  • Lot Size: 1.20 Acres

Other

Directions Information:

  • Directions: 17-92 to east on 3rd St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,900

Tax Information:

  • Annual Amount: $3,762
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sanford, FL.

Med. Sold Price

$365K

Med. Price/SqFt

$223

Avg. Days On Market

46

# of Sold Homes

61

223 W 3rd St vs Sanford

54 DAYS ON ROCKET

+8 Days

$999,900

+$634.9K More

KEY TAKEAWAY

This property is $634.9K more than the Median Sold Price in Sanford, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6251307

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (407) 333-8088
  • Listing Agent: Mike Palombi

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 03, 2015Home Sold
$350,000
Sep 25, 2014Home Sold
$70,100

Tax History

YEARPROP. TAXASSESSMENT
2020$3,762$204,851
2018$3,222$171,690
2017$3,160$165,928

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,064

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4391292
5
/10
  • Hamilton Elementary School of Engineering & Technology

  • 1501 E 8th St

  • 1.06 miles

  • Public Magnet Grades KG-5

school-card-donut-4391293
7
/10
  • Goldsboro Elementary Magnet

  • 1300 W 20th St

  • 1.20 miles

  • Public Magnet Grades PK-5

school-card-donut-4391294
2
/10
  • Pine Crest Elementary Magnet School

  • 405 W 27th St

  • 2.21 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,113. Typical income of Sanford, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 223 W 3rd St

What is the listing price of this property?

The listing price of 223 W 3rd St property is $999,900.

What type of property is this?

The property 223 W 3rd St is land located in Sanford, Florida, 32771.

Is this property for sale now?

Active Listing: 223 W 3rd St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,762 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 3, 2015 for $350,000. (source: MLS/tax record).

How much acreage is this property?

The property 223 W 3rd St is 1.20 acres.
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Rocket HomesFloridaSeminole CountySanford32771223 W 3rd St

This home is located at 223 W 3rd St in Sanford, FL and zip code 32771. This home sits on a 1.20 acre lot. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $999,900.

Sanford, FL housing market in November 2024 saw over 8 listings sold above listed price, more than 13 sold at listed price and over 40 sold below. Between October 2024 and November 2024, Sanford, FL real estate market has seen decrease in the number of listings by 2.2%. While the average time on the market in November 2024 was 46 days, the median list price was $365,000.

From Rocket Homes Real Estate and based on county public records data.

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