111 Magnolia Avenue, Sanford, FL 32771 - Photo 1

1/1

$1,200,000

Sold
Closed
Commercial

1/1

Property Description

Historic two story brick office/retail building on Magnolia Square, the hub of activity in downtown Sanford. Magnolia Square is known for October fest, the monthly Alive After Five events, and the weekly Farmer's Market. Walk to the newly revitalized Sanford Riverwalk District. The entire building has been remodeled, most recently the downstairs in 2007. There is also a new roof as of February 2021. The downstairs is currently divided into two retail units, but can easily be converted into one larger unit for a restaurant or bar. The SC-3 zoning allows many uses such as retail, office, restaurant, residential, and professional services. There are five (5), rare in the City of Sanford, on site parking spaces, along with street, and public parking nearby. A rare opportunity to own a part of Historic Downtown Sanford.

Full Property Details

Full Property Details for 111 Magnolia Ave

General

Sold For: $1,200,000
Taxes: $5,962 (2020)
Status: Closed
Type: Commercial
Source: MidFloridaRegionalMLS
MLS ID: O6034841
Added to Site: 1, 345 day(s) ago

Rental Information

Complex Features: Extra Storage

Parking

Parking Features: 1 to 5 Spaces, Curb Parking

Location

Area: 32771 - Sanford/Lake Forest
County: Seminole
Development Name: 32771 - Sanford/Lake Forest
Subdivision: SANFORD TOWN OF
Driving Directions: 1st Street to south on Park Avenue, to east on 2nd Street, to north on Magnolia Avenue.

Community

Community Name: 32771 - Sanford/Lake Forest
Management Type: Owner Manager
Mgmt. Company: Owner Manager

Heating & Cooling

Cooling Type: Central Air

Structural Information

# Buildings: 1
Exterior Const.: Brick
Roof: Membrane
Stories/Levels: Two
Square Feet: 5,560
Sq. Ft. Source: Public Records
Living Area: 5,560 Sq. Ft.
Year Built: 1910

Lot Features

Lot Size (Acres): 0.11
Lot Size (Sq. Ft.): 4,680
Frontage: Business District, City Street
Lot Features: Central Business District, Historic District, City Lot, Sidewalk, Special Taxing District, Street Lights
Rcmdd Zoning: SC3

Financial Considerations

Tax Amount: $5,962.29
Tax Year: 2020

Disclosures and Reports

Ownership: Partnership
Special Conditions: None
Legal Description: LOT 11 BLK 3 TR 2 TOWN OF SANFORD PB 1 PG 58
Flood Zone Info: X
APN: 25-19-30-5AG-0302-0110
Property ID: 25-19-30-5AG-0302-0110
Block/Lot/Section: 3

Listed by St Johns Realty Company
Sold by Exp Realty Llc

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— 111 Magnolia Ave —

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Schools

Schools serving 111 Magnolia Ave

School District:Seminole County School District

Name	Grades	Distance
Hamilton Elementary School 1501 East 8th Street, Sanford, FL 32771	K-5	1 mi
Midway Elementary School 2368 Brisson Avenue, Sanford, FL 32771	K-5	2.2 mi
Pine Crest Elementary School 405 West 27th Street, Sanford, FL 32773	K-5	2.4 mi
Markham Woods Middle School 6003 Markham Woods Road, Lake Mary, FL 32746	6-8	7.3 mi
Seminole High School, Sanford, FL 2701 Ridgewood Avenue, Sanford, FL 32773	9-12	2.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 111 Magnolia Ave

Date

Details

Price

Change

Source

6/05/2023

Sold

$1,200,000

—

MLS

11/10/2022

Price Reduced

$1,200,000

-7.69%

MLS

6/18/2022

Listed

$1,300,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

$829,900

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Single Family
Active
Updated 1 day ago

4
Beds
5
Total Baths
2,826
Sq. Ft.

Listed by Doug Woehr (407) 920-5201

2698 W Lake Mary Blvd, Lake Mary, FL 32746 - Photo 1

Just Listed

$400,000

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Lots/Land
Active
Updated 1 day ago

0.29
Acres

Listed by The C Smith Real Estate Group Llc

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Just Listed

$539,900

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Single Family
Active
Updated 5 days ago

4
Beds
3
Total Baths
1,984
Sq. Ft.

Listed by Agent Trust Realty Corporation

149 W Wilbur Ave, Lake Mary, FL 32746 - Photo 1

Just Listed

$399,999

149 W Wilbur Ave #201 Lake Mary, FL 32746

Condo
Active
Updated 2 days ago

2
Beds
2
Total Baths
1,103
Sq. Ft.

Listed by Q Boutique Specialty Realty Inc

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Price Reduced

-$10,000 (-4.45%)

$214,900

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Mobile Home
Active
Updated 4 days ago

2
Beds
2
Total Baths
1,236
Sq. Ft.

Listed by Penney Lawrence (407) 353-7019

Price Reduced

-$100,000 (-18.18%)

$449,999

149 W Wilbur Ave #109 Lake Mary, FL 32746

Condo
Active
Updated 4 days ago

3
Beds
2
Total Baths
1,396
Sq. Ft.

Listed by Q Boutique Specialty Realty Inc

472 Arrowmount Pl, Lake Mary, FL 32746 - Photo 1

Price Reduced

-$7,450 (-1.6%)

$457,450

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Single Family
Active
Updated 16 hours ago

3
Beds
2
Total Baths
1,642
Sq. Ft.

Listed by Padovan Realty Corp.

949 Bird Bay Ct, Lake Mary, FL 32746 - Photo 1

Price Reduced

-$10,000 (-5.56%)

$170,000

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Condo
Active
Updated 1 day ago

2
Beds
2
Total Baths
992
Sq. Ft.

Listed by Agile Group Realty

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Sold

$1,030,000

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Single Family
Closed

4
Beds
4
Total Baths
3,796
Sq. Ft.

Listed by Century 21 Integra
Sold by Shahram Sondi + Co.

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Sold

$1,100,000

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Single Family
Closed

3
Beds
3
Total Baths
3,346
Sq. Ft.

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Sold

$1,100,000

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Single Family
Closed

5
Beds
4
Total Baths
3,756
Sq. Ft.

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Sold by Keller Williams Heritage Realty

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Sold

$1,240,000

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Single Family
Closed

6
Beds
6
Total Baths
5,002
Sq. Ft.

Listed by Lpt Realty, Llc
Sold by Stellar Non-Member Office

111 Magnolia Avenue, Sanford, FL 32771 (MLS# O6034841) is a Commercial property that was sold at $1,200,000 on June 05, 2023. Want to learn more about 111 Magnolia Avenue? Do you have questions about finding other Commercial real estate for sale in Sanford? You can browse all Sanford real estate or contact a Coldwell Banker agent to request more information.

111 Magnolia Ave Sanford, FL 32771