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.
Property Details
Price:
$199,000
MLS #:
O6434127
Status:
Active Under Contract
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
GENEVA TERRACE AMD
Neighborhood:
32773sanford
Listed Date:
Aug 20, 2026
Finished Sq Ft:
1,504
Total Sq Ft:
2,133
Lot Size:
9,308 sqft / 0.21 acres (approx)
Year Built:
1980
See this Listing
Schools
Elementary School:
Wicklow Elementary
Middle School:
Millennium Middle
High School:
Seminole High
Interior
Appliances
Electric Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Wall/Window Unit(s)
Flooring
Carpet
Heating
Wall Units / Window Unit
Interior Features
Attic Fan, Ceiling Fan(s), Living Room/Dining Room Combo, Split Bedroom
Laundry Features
Laundry Room
Levels
One
Exterior
Construction Materials
Block
Direction Faces
North
Exterior Features
Awning(s)
Lot Features
Corner Lot
Roof
Shingle
Financial
Tax Year
2025
Taxes
$880
Map
Community
- Address1501 TERRACE DRIVE SANFORD FL
- SubdivisionGENEVA TERRACE AMD
- CitySANFORD
- CountySeminole
- Zip Code32773
Market Summary
Current real estate data for Single Family in SANFORD as of Aug 29, 2026
404
Single Family Listed
97
Avg DOM
237
Avg $ / SqFt
$528,079
Avg List Price
Property Summary
- Located in the GENEVA TERRACE AMD subdivision, 1501 TERRACE DRIVE SANFORD FL is a Single Family for sale in SANFORD, FL, 32773. It is listed for $199,000 and features 4 beds, 2 baths, and has approximately 1,504 square feet of living space, and was originally constructed in 1980. The current price per square foot is $132. The average price per square foot for Single Family listings in SANFORD is $237. The average listing price for Single Family in SANFORD is $528,079. To schedule a showing of MLS#o6434127 at 1501 TERRACE DRIVE in SANFORD, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of KELLER WILLIAMS REALTY AT THE PARKS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1501 TERRACE DRIVE
SANFORD, FL