Historic Downtown Sanford Diamond in the Rough! – Sanford, FL 32771 For Sale

  • $379,000
  • 4 beds
  • 2.5 baths
  • 2500 sqft

Property Details:

Here’s your chance to renovate and immediately sell a Sanford gem in the Historic district! Just steps away from all the shops, bars and fun of downtown on 1st street and a 2 minute walk to Lake Monroe. Fantastic LOCATION and even better zoning!! NEW ROOF, AC Ducts, most Electrical, most Plumbing – all permitted. Most framing and siding complete. Original hardwood floors, high ceilings and fireplaces, brick paved streets, a detached apartment – just what buyers want….!

***Shown by appointment only. Waiver must be signed before entry. EZ to see quickly.*** Corner lot not included.

Zoning: Zoned SC-3 (Special use Commercial). Allows for both commercial and residential including mixed use. Example: Retail/commercial on the 1st floor and residential on the 2nd or possibly 3rd floors. Multi-family rental. Bed n Breakfast. Office (i.e. Attorney, etc…). The design would just need to be in line with the historic architecture.

Currently the house is under construction, fully permitted with all engineering and drawings approved. There is a rich amount of history in this home, especially with the negro baseball league of the early 20th century. It was stated that many great baseball players including Jackie Robinson and others used the home as a temporary residence during training seasons.
The house was partially damaged from a fire around 10 years ago. This damaged mainly the second floor NW corner of the home (where you see all the new siding).

The roof was fully engineered, separately permitted, and completed with full inspections approved. $60K later, the new roof now has all new ridge beams and rafters, with all new decking and graphite architectural shingles. Roof Warranty will convey to the new owner.

As of today, almost all the rough in work is complete including electrical, plumbing, and mechanical (HVAC) ducting. All that is mainly needed to complete the house are cosmetics and fixtures including drywall, paint, refinishing of floors, windows, appliances, HVAC (units) though the duct work was just put in. We estimate a completion cost of around $80K or so with a good contractor.

The house has two stories and a detached garage with a second floor studio apartment. The upper floor of the home has four bedrooms and what will be 2 full baths with the master suite being built to have a large shower and tub. Downstairs there is an enormous kitchen, a half bath, formal living room, dining room, and family room and two original fireplaces. All ceilings are high at 10 ft.

 

Price:
$379,000
Address:
305 S. Park Ave
Sanford, FL 32771
Square Feet:
2500
Lot Size:
50’ x 117’ for Zoning: SC-3
Bedrooms:
4
Bathrooms:
2.5
Terms:
For Sale
Property Type:
Home
Year Built:
1910
Basement:
$80,000
MLS #:
$550,000

Call (407) 678-0062 for more details

Property Location