1501 Terrace DriveSanford, FL 32773Price: $199,000

  • Price: $199,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.65% last updated on Aug 20, 2026
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1501 Terrace Drive Sanford FL 327731501 Terrace Drive Sanford FL 327731501 Terrace Drive Sanford FL 327731501 Terrace Drive Sanford FL 327731501 Terrace Drive Sanford FL 327731501 Terrace Drive Sanford FL 327731501 Terrace Drive Sanford FL 327731501 Terrace Drive Sanford FL 327731501 Terrace Drive Sanford FL 327731501 Terrace Drive Sanford FL 327731501 Terrace Drive Sanford FL 32773
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  • 4Bedrooms
  • 0.21Acreage
  • 2Bathrooms
  • 1980Year Built
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.
Listing Courtesy of KELLER WILLIAMS REALTY AT THE PARKS

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More Info

Location Information

  • Road Frontage DescriptionPaved

School Information

  • Elementary SchoolWicklow Elementary
  • High SchoolSeminole High
  • Junior HighMillennium Middle

Location

  • Address1501 Terrace Drive
  • AreaSanford
  • CountySeminole
  • Exterior Features Awning(s)
  • StateFL
  • SubdivisionGeneva Terrace Amd
  • TownSanford
  • Township 20
  • Zip32773

Utilities

  • Cooling Wall/Window Unit(s), Attic Fan
  • Heating Ductless
  • Laundry Features Laundry Room
  • Sewer Public Sewer
  • Utilities Electricity Connected, Water Connected

Basic Information

  • List Price$199,000
  • ListingContractDate2026-08-20
  • MLS NumberO6434127
  • Mls Status Active
  • OriginalListPrice199000
  • PostalCodePlus44913
  • PublicSurveyRange30
  • StatusACT

Building

  • Bathroom2
  • Construction Materials Block
  • Foundation Details Slab
  • Levels One
  • MFR Floor Number 1
  • RoofShingle
  • Rooms6
  • Stories1
  • Year Built1980

Amenities

  • Appliances IncludedElectric Water Heater

Water Body

  • MFR Water Access YN No
  • Water ViewNo

Other

  • Building Area Source Public Records
  • Date Listed08/20/2026
  • MFR Additional Lease Restrictions Buyer and Buyer’s Agent to independently verify all lease restrictions and rental requirements with the appropriate local governing authorities and applicable HOA/condominium association
  • MFR Exist Lse Tenant YN No
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2007-09-28
  • MFR Minimum Lease 8-12 Months
  • Status Change Timestamp2026-08-20T17:05:39

Tax Information

  • Tax Year 2025
  • Taxes$880

Rooms

  • Bedrooms4
  • Full Bath2
  • MFR Additional Rooms Florida Room

Basic Information

  • Property SubTypeSingle Family Residence
  • Property TypeResidential
  • Virtual TourView Tour

Property

  • ZoningMR2

Interior

  • Flooring Carpet
  • Furnished Unfurnished

Property Information

  • Acreage0.21
  • Building Area Total 2,133
  • BuildingAreaUnitsSquare Feet
  • LivingAreaUnitsSquare Feet
  • Lot DescriptionCorner Lot
  • Lot Size Square Feet 9,308
  • MFR Living Area Meters 139
  • MFR Lot Size Square Meters 865
  • MFR Total Acreage 0 to less than 1/4
  • Square Feet1,504
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 21, 2026 12:39 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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