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1501 Terrace Drive, Sanford, FL 32773

$199,000
  • 1501 Terrace Drive, Sanford, FL 32773 Main Photo

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New to the Market Pending
BEDS4 BATHS2 full SQUARE FEET1,504 MLS#O6434127
STATUSPending PROPERTY TYPEResidential - Single Family SUBDIVISIONGENEVA TERRACE AMD

Property Description

Under contract-accepting backup offers. PRIME CORNER LOT OPPORTUNITY FOR BUILDERS & INVESTORS! Unlock the potential of this nearly 1/4-acre corner lot in Sanford, offering 2,000+ square feet under roof and exciting possibilities for redevelopment. The property is ready for a complete renovation and presents multiple opportunities for the right buyer. Renovate and expand the existing structure, take advantage of the generous footprint to create a larger residence, or explore the potential for multifamily use or multiple residential units, subject to zoning and City of Sanford approval. The corner lot location, ample lot size, existing structure, and potential redevelopment opportunities make this a unique opportunity for an investor, builder, or developer looking to add value. Bring your vision and transform this property into your next project! Buyers should independently verify zoning, permitted uses, density, redevelopment options, and all building requirements.

1501 Terrace Drive | MLS# O6434127

This single family home located at 1501 Terrace Drive, Sanford, FL 32773 is currently listed for sale with an asking price of $199,000. This property was built in 1980 and has 4 bedrooms and 2 full baths with 1504 sq. ft. Terrace Drive is located in the GENEVA TERRACE AMD subdivision. Search GENEVA TERRACE AMD real estate on sonniwimer.adamscameron.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Wall/Window Unit(s), Attic Fan
Heating: Ductless
Lot Size: 0.21 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $880
Year Built: 1980

Amenities

Ceiling Fans(s)
Living Room/Dining Room Combo
Split Bedroom
Awning(s)

Feature Descriptions

Additional Rooms: Florida Room
Appliances: Electric Water Heater
Days on Site: 1
Directions: From FL-417 N take Exit 50 to US-17/US-92 towards Sanford. Turn right on US-17/US-92. Turn left onto W 27th St/Florida S. Turn left onto Santa Barbara Dr. Sharp right onto Georgia Ave. Turn left onto Terrace Dr and property is on the left Corner.
Exterior: Block
Flood Zone Code: X
Flooring: Carpet
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Corner Lot
Lot Dimensions: 0.21
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Sentri Lock Box, Appointment Only, Call Before Showing, Call Listing Agent, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected, Water Connected
Water: None
Water Access Y/N: No
Zoning: MR2

Room Sizes

Primary Bedroom: 13x11
Bedroom 2: 12x11
Bedroom 3: 11x10
Family Room: 26x16
Florida Room: 37x17
Kitchen: 12x8

Local Schools

High School: Seminole High
Middle School: Millennium Middle
Elementary School: Wicklow Elementary

Listed By / Shown By

Listed By

Agency Name: KELLER WILLIAMS REALTY AT THE PARKS
Agency Contact: 407-629-4420

Shown By

Agent Name: Sonni Wimer
Agent Phone:
Agency Title: Adams Cameron & Co. REALTORS

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Estimated Payment

$ 1,190.54 per month $1,059.16 Principal & Interest $73.33 Property Tax $58.04 Homeowner's Insurance

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