About 1501 Terrace Drive
Under contract-accepting backup offers. PRIME CORNER LOT OPPORTUNITY FOR BUILDERS & INVESTORS! Unlock the potential of this nearly ¼-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.
Features of 1501 Terrace Drive
| MLS® # | O6434127 |
|---|---|
| Price | $199,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,504 |
| Acres | 0.21 |
| Year Built | 1980 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Pending |
Listing Details
| Office | KELLER WILLIAMS REALTY AT THE PARKS |
|---|
Listing Map
Neighborhood Information for 1501 Terrace Drive
Stable Population, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Seminole High School Public - 9Th Grade to 12Th Grade - Closest High School |
0 Miles | |
|
Pine Crest Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
Riverwalk Christian Academy Private - Preschool to 6Th Grade |
1 Miles | |
|
Goldsboro Elementary Magnet Public - Preschool to 5Th Grade |
1 Miles | |
|
Wicklow Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Liberty Christian School Private - Preschool to 12Th Grade - Closest Middle School |
1 Miles | |
|
|
Central Florida Academy Private - to |
1 Miles |
School data provided by GreatSchools