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$199,000
Active
1501 TERRACE DRIVE
SANFORD, FL 32773 — GENEVA TERRACE AMD
4 Beds
2 Baths
1,504 sqft
0.21 acres
Built 1980
About This Property
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.
Property Details
Basics
- Property Type
- Residential
- Property Subtype
- Single Family Residence
- MLS Number
- O6434127
- Year Built
- 1980
- Levels
- One
- Floor Number
- 1
- Additional Rooms
- Florida Room
- Direction Faces
- North
- Occupant Type
- Owner
Size & Structure
- Living Area
- 1,504 sqft
- Total Area
- 2,133 sqft
- Lot Size
- 0.21 acres
- Lot Sq Ft
- 9,308 sqft
- Bedrooms
- 4
- Full Baths
- 2
- Stories
- 1
Interior
- Flooring
- Carpet
- Appliances
- Electric Water Heater
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom
- Laundry
- Laundry Room
- Furnished
- Unfurnished
- A/C
- Wall/Window Unit(s), Attic Fan
- Heating
- Ductless
Exterior & Lot
- Exterior Features
- Awning(s)
- Construction
- Block
- Roof
- Shingle
- Foundation
- Slab
- Lot Features
- Corner Lot
Water & Pool
Community & HOA
- HOA
- No
- Homestead
- Yes
Utilities & Systems
- Water
- None
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Water Connected
- Cooling
- Wall/Window Unit(s), Attic Fan
- Heating
- Ductless
- Flood Zone
- X
Financial
- List Price
- $199,000
- Annual Taxes
- $880
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional
- Special Conditions
- None
Schools
- Elementary
- Wicklow Elementary
- Middle School
- Millennium Middle
- High School
- Seminole High