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215 MAGNOLIA AVENUE

Lots/Land For Sale
$550,000

BTC: 7.06804601

ETH: 229.16666667

129 days
0 room(s)

Overview

Discover a unique opportunity to own a 5,499 sqft vacant lot right in the heart of Sanford’s historic district—an ideal setting for your next project. This 47 x 117 parcel is zoned SC-3, allowing for a range of commercial and mixed-use possibilities in line with Sanford’s zoning guidelines. Whether you're considering a boutique retail space, professional office, or a thoughtfully designed mixed-use development, this property offers the flexibility to make it happen. Located in one of Sanford’s most vibrant areas, the lot is surrounded by historic charm, local businesses, and a lively downtown scene. Its size and location make it a strong option for developers, investors, or anyone looking to create something meaningful in a growing community. Utilities are accessible, and the flat terrain makes building more straightforward—giving you a solid starting point from day one. Opportunities like this in Sanford’s historic district don’t come around often. Reach out today to learn more about what this property can become.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.13 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$98,175
$55K – $174K
Confidence Low
List vs. estimate
$451K above estimate
List $550,000 · +460.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
22 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,073
2024
All facts and features
  • Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 2519305AG04020110

    • Zoning: SC3

  • Type and style

    • Property Type: Land

  • Utility

    • Sewer Nearby

    • Water Nearby

  • Other financial information

    • Annual tax amount: $3,073

  • Source details

    • MLS ID: O6399658

    Other facts

    • Water Source: None

    • Lot Size Dimensions: 47 x 117 x 47 x 117

    • Subdivision Name: SANFORD TOWN OF

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY