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$740,000 Just Listed
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Property Description
This exceptional 1.38-acre prime commercial parcel offers strong frontage, premier neighboring institutions, and outstanding long-term redevelopment potential. Located in Sanford's most strategic and high-visibility corridor. 211 feet of frontage on busy SR 46 (1st Street) - Outstanding visibility and high daily traffic exposure with annual average daily traffic (AADT) of 19,700 cars per day. High exposure. Good visibility. Future Land Use / Zoning: General Commercial (GC-2) Located within the Downtown & Waterfront Redevelopment District future development framework High and dry - Not located in a flood zone No wetlands - Maximizes usable land area Situated along the highly traveled SR 46 corridor, this site benefits from excellent accessibility and proximity to Sanford's expanding downtown and waterfront districts. The property's redevelopment designation supports a wide range of commercial uses, making it ideal for retail, medical, office, mixed-use, or hospitality concepts. Adjacent to Florida Hospital property on the north and east boundaries, providing stability and strong surrounding investment With strong frontage, clean environmental characteristics, and forward-thinking zoning, this parcel presents a rare opportunity to secure a premium development site in a rapidly evolving market. Invest. Develop. Capitalize on Sanford's Growth.
Full Property Details
Full Property Details for 1720 W 1st St
General
- Price: $740,000
- Taxes: $8,041 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6385742
- Updated: 2/26/2026
- Added to Site: 6 day(s) ago
Location
- Area: 32771 - Sanford/Lake Forest
- County: Seminole
- Development Name: 32771 - Sanford/Lake Forest
- Subdivision: 1700 FIRST STREET
- Driving Directions: I-4 to 1st street
Community
- Community Name: 32771 - Sanford/Lake Forest
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 1.38
- Lot Size (Sq. Ft.): 60,317
- Lot Size: 1.3847
- Lot Dimensions: 211 x 277 x 298 x 39 x 93 x
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $536,232
- Tax Amount: $8,041.51
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 2 1700 FIRST STREET PB 72 PG 1
- Flood Zone Info: X
- APN: 26193051000000020
- Property ID: 26193051000000020
- Block/Lot/Section: 2
Listed by Sloane Realty, Llc
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Schools
Schools serving 1720 W 1st St
School District:Seminole County School District
| Name | Grades | Distance |
|---|---|---|
Idyllwilde Elementary School 430 Vihlen Road, Sanford, FL 32771 | K-5 | 2 mi |
Seminole High School, Sanford, FL 2701 Ridgewood Avenue, Sanford, FL 32773 | 9-12 | 2.2 mi |
Bentley Elementary School 2190 South Oregon Avenue, Sanford, FL 32771 | K-5 | 2.9 mi |
Markham Woods Middle School 6003 Markham Woods Road, Lake Mary, FL 32746 | 6-8 | 6.1 mi |
Wilson Elementary School, Sanford, FL 985 South Orange Boulevard, Sanford, FL 32771 | K-5 | 4.6 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 1720 W 1st St
Date
Details
Price
Change
Source
2/26/2026
Listed
$740,000
142.62%
MLS
12/19/2018
Sold
$305,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1720 W 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,671
8%
$478,314
5%
2024
$8,042
46%
$455,393
47%
2023
$5,515
6%
$310,547
4%
2022
$5,210
9%
$298,817
14%
2021
$4,787
-2%
$262,391
—
2019
$4,874
2%
$262,391
3%
2018
$4,774
2%
$254,365
3%
2017
$4,702
-5%
$246,956
—
2016
$4,950
-12%
$246,956
-11%
2015
$5,654
2%
$277,826
—
2014
$5,532
-2%
$277,826
—
2013
$5,665
—
$277,826
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1720 W 1st St
1720 W 1st Street, Sanford, FL 32771 (MLS# O6385742) is a Lots/Land property with a lot size of 1.38 acres. 1720 W 1st Street is currently listed for $740,000 and was received on February 26, 2026. Want to learn more about 1720 W 1st Street? Do you have questions about finding other Lots/Land real estate for sale in Sanford? You can browse all Sanford real estate or contact a Coldwell Banker agent to request more information.

