223 W 3rd St, Sanford, FL 32771 | For Sale

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For Sale $925,000 ($246.01 per Sq Ft)

$925,000 ($246.01 per Sq Ft)
  • Not Rated
  • (0)
  • Units
  • 3,760 Sq Ft
  • 52,272 Sq Ft
  • Unknown Cap Rate

Description

BIG PRICE REDUCTION! Rare large commercial redevelopment site opportunity in red-hot downtown historic Sanford. Approximately 1.2 acres on 5 parcels on main thoroughfare through downtown, site has frontage and access from 3rd & 4th Streets. SC-3 Special Commercial zoning allows many commercial uses and can allow multi-family. Future Land Use is WDBD, Waterfront Downtown Business District, which allows for minimum set-backs, lower parking requirements, and up to 50 units/acre. Includes 3,760 sq ft historic warehouse built around 1910 with almost 2,000 ft covered porch – perfect for conversion to a microbrewery. Massive commercial and residential growth in the area. New restaurants & microbreweries are opening up the west end of historic downtown Sanford. Some of the buildings along 3rd St have fire damage. Please see survey and zoning docs.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $925,000
Property Type Flex Space
Usable Sqft 3,760
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1959
Last Sold Unknown
Sold Price Unknown
APN # 2519305AG05050060
MLS # O6253787
Property ID 321003528
Lot Sqft 52,272
Zoning SC3
Days on Market 77
Original List Price $999,900
Date Updated January 10, 2025
Date Created October 29, 2024

Financials not available online. Please inquire with your agent for more details.

$
%
Compare rates
%
CanvasJS.com
Your payment
$6,635
per month
CanvasJS.com
Estimated payment $6,635 /mo
Loan amount $925,000
Down payment $0
Interest rate 7.5%
Loan term 30 years
Taxes & insurance included? YES
Property tax 1.2%/YR
Homeowner's insurance $67/mo
HOA dues $0/mo

Payment Breakdown

CanvasJS.com
Your payment
$6,635
per month

Amortization

CanvasJS.com

Principal vs. interest

CanvasJS.com

Amortization Schedule

Over 360 months you will spend $1,403,122 in interest.
MONTH PRINCIPAL & INTEREST PRINCIPAL INTEREST PRINCIPAL REMAINING
1 $6,468 $687 $5,781 $924,313
2 $6,468 $691 $5,777 $923,622
3 $6,468 $695 $5,773 $922,927
4 $6,468 $700 $5,768 $922,227
5 $6,468 $704 $5,764 $921,523
6 $6,468 $708 $5,760 $920,815
7 $6,468 $713 $5,755 $920,102
8 $6,468 $717 $5,751 $919,384
9 $6,468 $722 $5,746 $918,662
10 $6,468 $726 $5,742 $917,936
11 $6,468 $731 $5,737 $917,205
12 $6,468 $735 $5,733 $916,470
13 $6,468 $740 $5,728 $915,730
14 $6,468 $745 $5,723 $914,985
15 $6,468 $749 $5,719 $914,236
16 $6,468 $754 $5,714 $913,482
17 $6,468 $759 $5,709 $912,723
18 $6,468 $763 $5,705 $911,959
19 $6,468 $768 $5,700 $911,191
20 $6,468 $773 $5,695 $910,418
21 $6,468 $778 $5,690 $909,640
22 $6,468 $783 $5,685 $908,857
23 $6,468 $788 $5,680 $908,070
24 $6,468 $793 $5,675 $907,277
25 $6,468 $798 $5,670 $906,480
26 $6,468 $803 $5,666 $905,677
27 $6,468 $808 $5,660 $904,870
28 $6,468 $813 $5,655 $904,057
29 $6,468 $818 $5,650 $903,240
30 $6,468 $823 $5,645 $902,417
31 $6,468 $828 $5,640 $901,589
32 $6,468 $833 $5,635 $900,756
33 $6,468 $838 $5,630 $899,918
34 $6,468 $844 $5,624 $899,074
35 $6,468 $849 $5,619 $898,225
36 $6,468 $854 $5,614 $897,371
37 $6,468 $859 $5,609 $896,512
38 $6,468 $865 $5,603 $895,647
39 $6,468 $870 $5,598 $894,777
40 $6,468 $876 $5,592 $893,901
41 $6,468 $881 $5,587 $893,020
42 $6,468 $887 $5,581 $892,133
43 $6,468 $892 $5,576 $891,241
44 $6,468 $898 $5,570 $890,343
45 $6,468 $903 $5,565 $889,440
46 $6,468 $909 $5,559 $888,531
47 $6,468 $915 $5,553 $887,616
48 $6,468 $920 $5,548 $886,696
49 $6,468 $926 $5,542 $885,770
50 $6,468 $932 $5,536 $884,838
51 $6,468 $938 $5,530 $883,900
52 $6,468 $944 $5,524 $882,956
53 $6,468 $950 $5,518 $882,007
54 $6,468 $955 $5,513 $881,051
55 $6,468 $961 $5,507 $880,090
56 $6,468 $967 $5,501 $879,123
57 $6,468 $973 $5,495 $878,149
58 $6,468 $980 $5,488 $877,170
59 $6,468 $986 $5,482 $876,184
60 $6,468 $992 $5,476 $875,192
61 $6,468 $998 $5,470 $874,194
62 $6,468 $1,004 $5,464 $873,190
63 $6,468 $1,011 $5,457 $872,179
64 $6,468 $1,017 $5,451 $871,162
65 $6,468 $1,023 $5,445 $870,139
66 $6,468 $1,030 $5,438 $869,109
67 $6,468 $1,036 $5,432 $868,073
68 $6,468 $1,043 $5,425 $867,031
69 $6,468 $1,049 $5,419 $865,982
70 $6,468 $1,056 $5,412 $864,926
71 $6,468 $1,062 $5,406 $863,864
72 $6,468 $1,069 $5,399 $862,795
73 $6,468 $1,076 $5,392 $861,719
74 $6,468 $1,082 $5,386 $860,637
75 $6,468 $1,089 $5,379 $859,548
76 $6,468 $1,096 $5,372 $858,452
77 $6,468 $1,103 $5,365 $857,350
78 $6,468 $1,110 $5,358 $856,240
79 $6,468 $1,117 $5,352 $855,124
80 $6,468 $1,123 $5,345 $854,000
81 $6,468 $1,131 $5,338 $852,870
82 $6,468 $1,138 $5,330 $851,732
83 $6,468 $1,145 $5,323 $850,587
84 $6,468 $1,152 $5,316 $849,436
85 $6,468 $1,159 $5,309 $848,277
86 $6,468 $1,166 $5,302 $847,110
87 $6,468 $1,174 $5,294 $845,937
88 $6,468 $1,181 $5,287 $844,756
89 $6,468 $1,188 $5,280 $843,568
90 $6,468 $1,196 $5,272 $842,372
91 $6,468 $1,203 $5,265 $841,169
92 $6,468 $1,211 $5,257 $839,958
93 $6,468 $1,218 $5,250 $838,740
94 $6,468 $1,226 $5,242 $837,514
95 $6,468 $1,234 $5,234 $836,280
96 $6,468 $1,241 $5,227 $835,039
97 $6,468 $1,249 $5,219 $833,790
98 $6,468 $1,257 $5,211 $832,533
99 $6,468 $1,265 $5,203 $831,269
100 $6,468 $1,273 $5,195 $829,996
101 $6,468 $1,281 $5,187 $828,716
102 $6,468 $1,289 $5,179 $827,427
103 $6,468 $1,297 $5,171 $826,130
104 $6,468 $1,305 $5,163 $824,826
105 $6,468 $1,313 $5,155 $823,513
106 $6,468 $1,321 $5,147 $822,192
107 $6,468 $1,329 $5,139 $820,863
108 $6,468 $1,338 $5,130 $819,525
109 $6,468 $1,346 $5,122 $818,179
110 $6,468 $1,354 $5,114 $816,825
111 $6,468 $1,363 $5,105 $815,462
112 $6,468 $1,371 $5,097 $814,090
113 $6,468 $1,380 $5,088 $812,710
114 $6,468 $1,389 $5,079 $811,322
115 $6,468 $1,397 $5,071 $809,925
116 $6,468 $1,406 $5,062 $808,519
117 $6,468 $1,415 $5,053 $807,104
118 $6,468 $1,424 $5,044 $805,680
119 $6,468 $1,433 $5,036 $804,248
120 $6,468 $1,441 $5,027 $802,806
121 $6,468 $1,450 $5,018 $801,356
122 $6,468 $1,460 $5,008 $799,896
123 $6,468 $1,469 $4,999 $798,428
124 $6,468 $1,478 $4,990 $796,950
125 $6,468 $1,487 $4,981 $795,463
126 $6,468 $1,496 $4,972 $793,966
127 $6,468 $1,506 $4,962 $792,461
128 $6,468 $1,515 $4,953 $790,946
129 $6,468 $1,525 $4,943 $789,421
130 $6,468 $1,534 $4,934 $787,887
131 $6,468 $1,544 $4,924 $786,343
132 $6,468 $1,553 $4,915 $784,790
133 $6,468 $1,563 $4,905 $783,227
134 $6,468 $1,573 $4,895 $781,654
135 $6,468 $1,583 $4,885 $780,071
136 $6,468 $1,593 $4,875 $778,479
137 $6,468 $1,603 $4,865 $776,876
138 $6,468 $1,613 $4,855 $775,264
139 $6,468 $1,623 $4,845 $773,641
140 $6,468 $1,633 $4,835 $772,008
141 $6,468 $1,643 $4,825 $770,365
142 $6,468 $1,653 $4,815 $768,712
143 $6,468 $1,664 $4,804 $767,049
144 $6,468 $1,674 $4,794 $765,375
145 $6,468 $1,684 $4,784 $763,690
146 $6,468 $1,695 $4,773 $761,995
147 $6,468 $1,706 $4,762 $760,290
148 $6,468 $1,716 $4,752 $758,574
149 $6,468 $1,727 $4,741 $756,847
150 $6,468 $1,738 $4,730 $755,109
151 $6,468 $1,749 $4,719 $753,360
152 $6,468 $1,760 $4,709 $751,601
153 $6,468 $1,770 $4,698 $749,830
154 $6,468 $1,782 $4,686 $748,049
155 $6,468 $1,793 $4,675 $746,256
156 $6,468 $1,804 $4,664 $744,452
157 $6,468 $1,815 $4,653 $742,637
158 $6,468 $1,827 $4,641 $740,811
159 $6,468 $1,838 $4,630 $738,973
160 $6,468 $1,849 $4,619 $737,123
161 $6,468 $1,861 $4,607 $735,262
162 $6,468 $1,873 $4,595 $733,390
163 $6,468 $1,884 $4,584 $731,505
164 $6,468 $1,896 $4,572 $729,609
165 $6,468 $1,908 $4,560 $727,701
166 $6,468 $1,920 $4,548 $725,781
167 $6,468 $1,932 $4,536 $723,850
168 $6,468 $1,944 $4,524 $721,906
169 $6,468 $1,956 $4,512 $719,950
170 $6,468 $1,968 $4,500 $717,981
171 $6,468 $1,981 $4,487 $716,001
172 $6,468 $1,993 $4,475 $714,008
173 $6,468 $2,005 $4,463 $712,002
174 $6,468 $2,018 $4,450 $709,984
175 $6,468 $2,031 $4,437 $707,954
176 $6,468 $2,043 $4,425 $705,910
177 $6,468 $2,056 $4,412 $703,854
178 $6,468 $2,069 $4,399 $701,785
179 $6,468 $2,082 $4,386 $699,703
180 $6,468 $2,095 $4,373 $697,609
181 $6,468 $2,108 $4,360 $695,501
182 $6,468 $2,121 $4,347 $693,380
183 $6,468 $2,134 $4,334 $691,245
184 $6,468 $2,148 $4,320 $689,097
185 $6,468 $2,161 $4,307 $686,936
186 $6,468 $2,175 $4,293 $684,762
187 $6,468 $2,188 $4,280 $682,573
188 $6,468 $2,202 $4,266 $680,372
189 $6,468 $2,216 $4,252 $678,156
190 $6,468 $2,230 $4,238 $675,926
191 $6,468 $2,243 $4,225 $673,683
192 $6,468 $2,257 $4,211 $671,425
193 $6,468 $2,272 $4,196 $669,154
194 $6,468 $2,286 $4,182 $666,868
195 $6,468 $2,300 $4,168 $664,568
196 $6,468 $2,314 $4,154 $662,253
197 $6,468 $2,329 $4,139 $659,925
198 $6,468 $2,343 $4,125 $657,581
199 $6,468 $2,358 $4,110 $655,223
200 $6,468 $2,373 $4,095 $652,850
201 $6,468 $2,388 $4,080 $650,462
202 $6,468 $2,403 $4,065 $648,060
203 $6,468 $2,418 $4,050 $645,642
204 $6,468 $2,433 $4,035 $643,209
205 $6,468 $2,448 $4,020 $640,761
206 $6,468 $2,463 $4,005 $638,298
207 $6,468 $2,479 $3,989 $635,820
208 $6,468 $2,494 $3,974 $633,325
209 $6,468 $2,510 $3,958 $630,816
210 $6,468 $2,525 $3,943 $628,290
211 $6,468 $2,541 $3,927 $625,749
212 $6,468 $2,557 $3,911 $623,192
213 $6,468 $2,573 $3,895 $620,619
214 $6,468 $2,589 $3,879 $618,030
215 $6,468 $2,605 $3,863 $615,425
216 $6,468 $2,622 $3,846 $612,803
217 $6,468 $2,638 $3,830 $610,165
218 $6,468 $2,654 $3,814 $607,511
219 $6,468 $2,671 $3,797 $604,839
220 $6,468 $2,688 $3,780 $602,152
221 $6,468 $2,705 $3,763 $599,447
222 $6,468 $2,721 $3,747 $596,726
223 $6,468 $2,738 $3,730 $593,987
224 $6,468 $2,756 $3,712 $591,232
225 $6,468 $2,773 $3,695 $588,459
226 $6,468 $2,790 $3,678 $585,669
227 $6,468 $2,808 $3,660 $582,861
228 $6,468 $2,825 $3,643 $580,036
229 $6,468 $2,843 $3,625 $577,193
230 $6,468 $2,861 $3,607 $574,333
231 $6,468 $2,878 $3,590 $571,454
232 $6,468 $2,896 $3,572 $568,558
233 $6,468 $2,915 $3,553 $565,643
234 $6,468 $2,933 $3,535 $562,711
235 $6,468 $2,951 $3,517 $559,760
236 $6,468 $2,970 $3,499 $556,790
237 $6,468 $2,988 $3,480 $553,802
238 $6,468 $3,007 $3,461 $550,795
239 $6,468 $3,026 $3,442 $547,770
240 $6,468 $3,044 $3,424 $544,725
241 $6,468 $3,063 $3,405 $541,662
242 $6,468 $3,083 $3,385 $538,579
243 $6,468 $3,102 $3,366 $535,477
244 $6,468 $3,121 $3,347 $532,356
245 $6,468 $3,141 $3,327 $529,215
246 $6,468 $3,160 $3,308 $526,055
247 $6,468 $3,180 $3,288 $522,875
248 $6,468 $3,200 $3,268 $519,675
249 $6,468 $3,220 $3,248 $516,455
250 $6,468 $3,240 $3,228 $513,215
251 $6,468 $3,260 $3,208 $509,954
252 $6,468 $3,281 $3,187 $506,673
253 $6,468 $3,301 $3,167 $503,372
254 $6,468 $3,322 $3,146 $500,050
255 $6,468 $3,343 $3,125 $496,707
256 $6,468 $3,364 $3,104 $493,344
257 $6,468 $3,385 $3,083 $489,959
258 $6,468 $3,406 $3,062 $486,554
259 $6,468 $3,427 $3,041 $483,126
260 $6,468 $3,448 $3,020 $479,678
261 $6,468 $3,470 $2,998 $476,208
262 $6,468 $3,492 $2,976 $472,716
263 $6,468 $3,514 $2,954 $469,203
264 $6,468 $3,535 $2,933 $465,667
265 $6,468 $3,558 $2,910 $462,110
266 $6,468 $3,580 $2,888 $458,530
267 $6,468 $3,602 $2,866 $454,928
268 $6,468 $3,625 $2,843 $451,303
269 $6,468 $3,647 $2,821 $447,656
270 $6,468 $3,670 $2,798 $443,986
271 $6,468 $3,693 $2,775 $440,292
272 $6,468 $3,716 $2,752 $436,576
273 $6,468 $3,739 $2,729 $432,837
274 $6,468 $3,763 $2,705 $429,074
275 $6,468 $3,786 $2,682 $425,288
276 $6,468 $3,810 $2,658 $421,478
277 $6,468 $3,834 $2,634 $417,644
278 $6,468 $3,858 $2,610 $413,786
279 $6,468 $3,882 $2,586 $409,905
280 $6,468 $3,906 $2,562 $405,998
281 $6,468 $3,931 $2,537 $402,068
282 $6,468 $3,955 $2,513 $398,113
283 $6,468 $3,980 $2,488 $394,133
284 $6,468 $4,005 $2,463 $390,128
285 $6,468 $4,030 $2,438 $386,099
286 $6,468 $4,055 $2,413 $382,044
287 $6,468 $4,080 $2,388 $377,964
288 $6,468 $4,106 $2,362 $373,858
289 $6,468 $4,131 $2,337 $369,726
290 $6,468 $4,157 $2,311 $365,569
291 $6,468 $4,183 $2,285 $361,386
292 $6,468 $4,209 $2,259 $357,177
293 $6,468 $4,236 $2,232 $352,941
294 $6,468 $4,262 $2,206 $348,679
295 $6,468 $4,289 $2,179 $344,390
296 $6,468 $4,316 $2,152 $340,075
297 $6,468 $4,343 $2,125 $335,732
298 $6,468 $4,370 $2,098 $331,362
299 $6,468 $4,397 $2,071 $326,965
300 $6,468 $4,424 $2,044 $322,541
301 $6,468 $4,452 $2,016 $318,089
302 $6,468 $4,480 $1,988 $313,609
303 $6,468 $4,508 $1,960 $309,101
304 $6,468 $4,536 $1,932 $304,565
305 $6,468 $4,564 $1,904 $300,000
306 $6,468 $4,593 $1,875 $295,407
307 $6,468 $4,622 $1,846 $290,786
308 $6,468 $4,651 $1,817 $286,135
309 $6,468 $4,680 $1,788 $281,455
310 $6,468 $4,709 $1,759 $276,747
311 $6,468 $4,738 $1,730 $272,008
312 $6,468 $4,768 $1,700 $267,240
313 $6,468 $4,798 $1,670 $262,443
314 $6,468 $4,828 $1,640 $257,615
315 $6,468 $4,858 $1,610 $252,757
316 $6,468 $4,888 $1,580 $247,869
317 $6,468 $4,919 $1,549 $242,950
318 $6,468 $4,950 $1,518 $238,000
319 $6,468 $4,981 $1,488 $233,020
320 $6,468 $5,012 $1,456 $228,008
321 $6,468 $5,043 $1,425 $222,965
322 $6,468 $5,074 $1,394 $217,891
323 $6,468 $5,106 $1,362 $212,784
324 $6,468 $5,138 $1,330 $207,646
325 $6,468 $5,170 $1,298 $202,476
326 $6,468 $5,203 $1,265 $197,274
327 $6,468 $5,235 $1,233 $192,039
328 $6,468 $5,268 $1,200 $186,771
329 $6,468 $5,301 $1,167 $181,470
330 $6,468 $5,334 $1,134 $176,136
331 $6,468 $5,367 $1,101 $170,769
332 $6,468 $5,401 $1,067 $165,369
333 $6,468 $5,434 $1,034 $159,934
334 $6,468 $5,468 $1,000 $154,466
335 $6,468 $5,503 $965 $148,963
336 $6,468 $5,537 $931 $143,426
337 $6,468 $5,572 $896 $137,855
338 $6,468 $5,606 $862 $132,248
339 $6,468 $5,641 $827 $126,607
340 $6,468 $5,677 $791 $120,930
341 $6,468 $5,712 $756 $115,218
342 $6,468 $5,748 $720 $109,470
343 $6,468 $5,784 $684 $103,686
344 $6,468 $5,820 $648 $97,866
345 $6,468 $5,856 $612 $92,010
346 $6,468 $5,893 $575 $86,117
347 $6,468 $5,930 $538 $80,187
348 $6,468 $5,967 $501 $74,220
349 $6,468 $6,004 $464 $68,216
350 $6,468 $6,042 $426 $62,174
351 $6,468 $6,079 $389 $56,095
352 $6,468 $6,117 $351 $49,978
353 $6,468 $6,156 $312 $43,822
354 $6,468 $6,194 $274 $37,628
355 $6,468 $6,233 $235 $31,395
356 $6,468 $6,272 $196 $25,123
357 $6,468 $6,311 $157 $18,812
358 $6,468 $6,350 $118 $12,462
359 $6,468 $6,390 $78 $6,072
360 $6,468 $6,430 $38 $0


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Listing Provided By

Mike Palombi an agent of .


© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 10, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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