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$553,000
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Property Description
Discover an exceptional opportunity to own a prime 12,907 sqft vacant lot in the heart of Sanford's historic district, perfectly positioned for your dream development. Measuring 117 x 110.32 feet, this expansive parcel is zoned SC-3, offering versatile commercial and mixed-use possibilities as outlined in Sanford's zoning regulations. Whether you envision a boutique retail space, professional office, or a charming mixed-use project, this lot provides the flexibility to bring your vision to life. Nestled in the vibrant and historic Sanford community, this property is surrounded by rich cultural heritage, thriving local businesses, and a dynamic downtown atmosphere. Its generous size and strategic location ensure endless potential for developers, investors, or visionaries looking to create something truly special. Utilities are readily accessible, and the lot's flat terrain simplifies construction, making it an ideal canvas for your next project. Seize this rare chance to build in one of Central Florida's most sought-after historic districts, where timeless charm meets modern opportunity. Don't miss out-contact us today to explore the full potential of this remarkable property!
Full Property Details
Full Property Details for 202 Magnolia Ave
General
- Sold For: $553,000
- Taxes: $2,301 (2024)
- Status: Closed
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6304232
- Added to Site: 263 day(s) ago
Location
- Area: 32771 - Sanford/Lake Forest
- County: Seminole
- Development Name: 32771 - Sanford/Lake Forest
- Subdivision: SANFORD TOWN OF
- Driving Directions: Exit I-4 at Exit 104: From I-4 (eastbound or westbound), take Exit 104 toward US-17-92/FL-46 (Sanford/Mount Dora). If coming from I-4 East (from Orlando), keep right at the ramp. If coming from I-4 West (from Daytona), merge onto the ramp and follow signs for Sanford. Turn onto FL-46 E (W 1st St): At the end of the exit ramp, turn left (if eastbound) or right (if westbound) onto FL-46 E (W 1st St), heading east toward downtown Sanford. Continue on W 1st St: Drive east on W 1st St for approximately 2 miles, passing commercial areas and entering Sanford’s historic district, marked by brick streets and historic buildings. Turn Left onto S Magnolia Ave: At the intersection with S Magnolia Ave (about 0.6 miles past Park Ave), turn left. You’ll see shops and historic architecture as you enter the core of the district. Arrive at 202 Magnolia Ave: Proceed north on S Magnolia Ave for about 0.1 miles. 202 Magnolia Ave will be on your right. Look for a vacant lot measuring 117 x 110.32 feet (
- Direction Faces: East
Community
- Community Name: 32771 - Sanford/Lake Forest
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electrical Nearby, Sewer Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Mixed Use
Lot Features
- Property View: City
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 12,907
- Lot Size: 12907
- Lot Dimensions: 117 x 110.32
- Frontage: Business District, City Street
- Street/Road Desc.: Asphalt, Brick
Financial Considerations
- Price Per Acre: $1,843,333
- Assoc Fee Desc.: None
- Tax Amount: $2,301
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 1 BLK 4 TR 3 TOWN OF SANFORD PB 1 PG 58
- Flood Zone Info: X
- APN: 2519305AG04030010, 2519305AG04030020
- Property ID: 2519305AG04030010, 2519305AG04030020
- Block/Lot/Section: 4
Listed by Lpt Realty, Llc
Sold by Stellar Non-Member Office
Get Pre-Approved Today
Schools
Schools serving 202 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 | 2.3 mi |
Markham Woods Middle School 6003 Markham Woods Road, Lake Mary, FL 32746 | 6-8 | 7.2 mi |
Seminole High School, Sanford, FL 2701 Ridgewood Avenue, Sanford, FL 32773 | 9-12 | 2.3 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 202 Magnolia Ave
Date
Details
Price
Change
Source
10/08/2025
Sold
$553,000
-7.82%
MLS
4/29/2025
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
202 Magnolia Avenue, Sanford, FL 32771 (MLS# O6304232) is a Lots/Land property that was sold at $553,000 on October 08, 2025. Want to learn more about 202 Magnolia Avenue? 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.

