Sanford Lot Under 30k! – FL 32771 Sold

  • $29,900
  • 4,000 sqft
Sold

Property Details:

Located in Sanford, this property is minutes from historic downtown district, the Sanford Airport and local schools. This vacant lot consists of 4,000 square feet (40×100) and is zoned for R-1 Single Family Home. The lot previously had a single family home on it many years ago and was demolished in 1996.

This lot offers quite a few exit strategies the perfect buy and hold opportunity offering instant equity as land of similar acreage is currently selling for as high as $45,000. Solid opportunity for a builder to pick up this lot as new homes in the area have sold for as high as $350,000 offering over a 70k profit potential. An investor could also build a new construction property and with such a strong rental market with a potential APY north of 8%.

Vacant lots with so much versatility as this one tend to move quickly so please contact us to secure this opportunity today!

Price:
$29,900
Address:
Dolarway St
Sanford, FL 32771
Square Feet:
4,000
Terms:
For Sale
Property Type:
Land
Year Built:
2022
Basement:
$220,000
MLS #:
$350,000

Call (321) 379-5777 for more details

Property Location