223 W 3rd Street, Sanford, FL 32771 - Photo 1

1/1

$800,000

Sold
Closed
Lots/Land
1.2 Acres

1/1

Property Description

BIG PRICE REDUCTION! 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.

Full Property Details

Full Property Details for 223 W 3rd St

General

Sold For: $800,000
Taxes: $4,203 (2023)
Status: Closed
Type: Lots/Land
Source: MidFloridaRegionalMLS
MLS ID: O6251307
Added to Site: 467 day(s) ago

Location

Area: 32771 - Sanford/Lake Forest
County: Seminole
Development Name: 32771 - Sanford/Lake Forest
Subdivision: SANFORD TOWN OF
Driving Directions: 17-92 to east on 3rd St.

Community

Community Name: 32771 - Sanford/Lake Forest

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Sewer Connected, Water Connected

Structural Information

Current Bldg. Use: Commercial

Lot Features

Lot Size (Acres): 1.2
Lot Size (Sq. Ft.): 52,272
Lot Size: 1.2
Lot Dimensions: IRR
Frontage: Business District
Street/Road Desc.: Paved

Financial Considerations

Price Per Acre: $666,667
Tax Amount: $4,203
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: LOTS 6 7 & 8 & THAT PART OF MYRTLE STREET N OF 4TH ST & S OF RY BLK 5 TR 5 TOWN OF SANFORD PB 1 PG 58
Flood Zone Info: X
APN: 2519305AG05050060
Property ID: 2519305AG05050060
Block/Lot/Section: 5

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Meet the listing agent

— 223 W 3rd St —

Mike Palombi

Email Me

(407) 754-6230 mobile

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 223 W 3rd St

School District:Seminole County School District

Name	Grades	Distance
Hamilton Elementary School 1501 East 8th Street, Sanford, FL 32771	K-5	1.1 mi
Pine Crest Elementary School 405 West 27th Street, Sanford, FL 32773	K-5	2.2 mi
Seminole High School, Sanford, FL 2701 Ridgewood Avenue, Sanford, FL 32773	9-12	2.2 mi
Markham Woods Middle School 6003 Markham Woods Road, Lake Mary, FL 32746	6-8	7.1 mi
Midway Elementary School 2368 Brisson Avenue, Sanford, FL 32771	K-5	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 223 W 3rd St

Date

Details

Price

Change

Source

6/10/2025

Sold

$800,000

-13.51%

MLS

1/10/2025

Price Reduced

$925,000

-7.49%

MLS

10/24/2024

Listed

$999,900

—

MLS

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

232 Wimbledon Cir, Lake Mary, FL 32746 - Photo 1

Just Listed

$430,000

232 Wimbledon Cir #232 Lake Mary, FL 32746

Condo
Active
Updated 5 hours ago

2
Beds
2
Total Baths
1,260
Sq. Ft.

Listed by Michelle O'Callaghan (407) 221-4745

253 Promenade Cir, Lake Mary, FL 32746 - Photo 1

Just Listed

$789,000

253 Promenade Cir Lake Mary, FL 32746

Single Family
Active
Updated 12 hours ago

4
Beds
3
Total Baths
2,884
Sq. Ft.

Listed by Miranda Earnest (321) 624-0287

700 Preserve Terrace, Lake Mary, FL 32746 - Photo 1

Just Listed

$885,000

700 Preserve Terrace Lake Mary, FL 32746

Single Family
Active
Updated 3 days ago

3
Beds
4
Total Baths
3,171
Sq. Ft.

Listed by Ed Fasula (407) 766-0923

421 Cardinal Oaks Ct, Lake Mary, FL 32746 - Photo 1

Just Listed

$395,000

421 Cardinal Oaks Ct Lake Mary, FL 32746

Lots/Land
Active
Updated 4 days ago

0.98
Acres

Listed by Realty Resource Of Central Fl.

709 Secret Harbor Ln, Lake Mary, FL 32746 - Photo 1

Price Reduced

-$4,900 (-3.5%)

$135,000

709 Secret Harbor Ln #101 Lake Mary, FL 32746

Condo
Active
Updated 5 hours ago

1
Bed
1
Total Bath
588
Sq. Ft.

Listed by Thomas Veal (321) 277-9361

1677 Utica Trail, Lake Mary, FL 32746 - Photo 1

Price Reduced

-$14,000 (-2.55%)

$535,000

1677 Utica Trail Lake Mary, FL 32746

Townhouse
Active
Updated 3 days ago

3
Beds
4
Total Baths
2,187
Sq. Ft.

Listed by Michele Crowther (407) 701-4445

2500 W Lake Mary Blvd, Lake Mary, FL 32746 - Photo 1

Price Reduced

-$100 (-20.04%)

$399

2500 W Lake Mary Blvd #107 F Lake Mary, FL 32746

Commercial Lease
Active

Listed by Fl Protective Investments Llc

358 Woldunn Cir, Lake Mary, FL 32746 - Photo 1

Price Reduced

-$50,000 (-5%)

$950,000

358 Woldunn Cir Lake Mary, FL 32746

Single Family
Active
Updated 9 hours ago

4
Beds
5
Total Baths
3,370
Sq. Ft.

Listed by Calvary Real Estate Group Llc

2004 Magnolia Ave, Sanford, FL 32771 - Photo 1

Sold

$728,500

2004 Magnolia Ave Sanford, FL 32771

Single Family
Closed

7
Beds
3
Total Baths
4,027
Sq. Ft.

Listed by Re/Max Prime Properties
Sold by Robert Slack Llc

2058 Washington Ave, Sanford, FL 32771 - Photo 1

Sold

$745,000

2058 Washington Ave Sanford, FL 32771

Single Family
Closed

5
Beds
4
Total Baths
2,714
Sq. Ft.

Listed by Iad Florida Llc
Sold by Century 21 Integra

809 River Stone Trl, Sanford, FL 32771 - Photo 1

Sold

$699,480

809 River Stone Trl Sanford, FL 32771

Single Family
Closed

5
Beds
4
Total Baths
3,556
Sq. Ft.

Listed by Keller Williams Advantage Realty
Sold by La Rosa Realty Llc

821 River Stone Trl, Sanford, FL 32771 - Photo 1

Sold

$691,540

821 River Stone Trl Sanford, FL 32771

Single Family
Closed

5
Beds
5
Total Baths
3,783
Sq. Ft.

Listed by Keller Williams Advantage Realty
Sold by Righthouse Realty Llc

223 W 3rd Street, Sanford, FL 32771 (MLS# O6251307) is a Lots/Land property that was sold at $800,000 on June 10, 2025. This property was listed by Mike Palombi from our Orlando North/Heathrow Office.Want to learn more about 223 W 3rd 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.

223 W 3rd St Sanford, FL 32771