1720 W 1ST STREET, SANFORD, FL, 32771
Active165 days on marketListed Feb 26, 2026MLS #O6385742
About this home
1720 W 1ST STREET
This exceptional 1.38-acre prime commercial parcel offers strong frontage, premier neighboring institutions, and outstanding long-term redevelopment potential. Located in Sanford’s most strategic and high-visibility corridor. 211 feet of frontage on busy SR 46 (1st Street) — Outstanding visibility and high daily traffic exposure with annual average daily traffic (AADT) of 19,700 cars per day. High exposure. Good visibility. Future Land Use / Zoning: General Commercial (GC-2) Located within the Downtown & Waterfront Redevelopment District future development framework High and dry — Not located in a flood zone No wetlands — Maximizes usable land area Situated along the highly traveled SR 46 corridor, this site benefits from excellent accessibility and proximity to Sanford’s expanding downtown and waterfront districts. The property’s redevelopment designation supports a wide range of commercial uses, making it ideal for retail, medical, office, mixed-use, or hospitality concepts. Adjacent to Florida Hospital property on the north and east boundaries, providing stability and strong surrounding investment With strong frontage, clean environmental characteristics, and forward-thinking zoning, this parcel presents a rare opportunity to secure a premium development site in a rapidly evolving market. Invest. Develop. Capitalize on Sanford’s Growth.
Facts & features
The home at a glance
1.38 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,864 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,864/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Sanford
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sanford. See the full Sanford guide →
SANFORD 32771 — neighborhood snapshot
Population
59,708
Median age
38.7
Median income
$74,520
Median home value
$332,500
Avg household
2.66
Households w/ children
7,359
For the school run
Seminole County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sanford market
$354K → $380K
Sanford median sold, yr/yr
97.5%
Sale-to-list ratio (12 mo)
Median sold price, Sanford, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 94% above the SANFORD 32771 median. See the full Sanford market guide →
Paper trail
This home's history
Reality check
What actually sold near 1720 W 1ST STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$49,000
1805 W 15TH STREET UNIT 1/2
1 bd · 1 ba · 816 sqft · $60/sqft · 147 DOM
Sold · Jan ’26$215,000
127 BOB THOMAS CIRCLE
3 bd · 1 ba · 836 sqft · $257/sqft · 106 DOM
Sold · Jan ’26$230,000
100 HAYS DRIVE
2 bd · 1 ba · 852 sqft · $270/sqft · 49 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1720 W 1ST STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1720 W 1ST STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1720 W 1ST STREET FAQs
What would the monthly payment be for 1720 W 1ST STREET?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,864/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1720 W 1ST STREET?+
The most recent tax bill on record (2024) was $8,042. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Sanford?+
At $699,000, this home is listed about 80% above the Sanford median of $389,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1720 W 1ST STREET?+
Goldsboro Elementary Magnet (elementary), Idyllwilde Elementary School (elementary), Bentley Elementary School (elementary), Seminole High School (high), Wilson Elementary School (elementary), Markham Woods Middle School (middle) — Seminole County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$699,000 runs 94% above the SANFORD 32771 median.
02Time on market is leverage
165 days on market against a Sanford median of 35 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Goldsboro Elementary Magnet, Idyllwilde Elementary School, Bentley Elementary School, Seminole High School, Wilson Elementary School, Markham Woods Middle School — Goldsboro Elementary Magnet rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $740,000, now $699,000 — a $41K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of SLOANE REALTY, LLC · Matt White. MLS #O6385742.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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