1501 TERRACE DRIVE Sanford, FL $ 199,000
1501 TERRACE DRIVE
$ 199,000
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1501 TERRACE DRIVE

Sanford, FL, 32773
$ 199,000
Bedrooms4 Baths2.0 Sq 1,504

Monthly Estimate*

$ 1,257

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Single Family Home for sale in Sanford, FL

for $199,000 with 4 bedrooms and 2 full baths. This 1,504 square foot home was built in 1980 on a lot size of 0.21.

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.

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Single Family Active

Price

$ 199,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 880

Style

Single Family Residence

Lot Size

0.21

Year Built

1980

Town/City

Sanford

County/Region

Seminole

MLS | Web ID

O6434127

Features
General
Sewer Public Sewer
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Water Connected
Roof Shingle
Appliances Electric Water Heater
Zoning MR2
Construction Materials Block
Year Built 1980
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Seminole
New Construction false
Property Type Residential
Subdivision Name GENEVA TERRACE AMD
Facing Direction North
Garage Y/N false
Total Rooms 6
Full Baths 2
Status Active
Directions From FL-417 N take Exit 50 to US-17/US-92 towards Sanford. Turn right on US-17/US-92. Turn left onto W 27th St/Florida S. Turn left onto Santa Barbara Dr. Sharp right onto Georgia Ave. Turn left onto Terrace Dr and property is on the left Corner.
High School Seminole High
City SANFORD
Senior Community Y/N false
MLS Area 32773 - Sanford
Lot Size Units Square Feet
Lot Size Square Feet 9308
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Wicklow Elementary
Land Lease Y/N false
Tax Annual Amount 880
Home Warranty Y/N false
Middle/Junior High School Millennium Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6434127
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 83
Legal Description LOT 83 (LESS W 15.36 FT) GENEVA TERRACE AMENDED PLAT PB 12 PG 82
Minimum Lease 8-12 Months
Water Access Y/N false
Additional Rooms Florida Room
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
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Interior
Interior Amenities Attic Fan Ceiling Fan(s) Living Room/Dining Room Combo Split Bedroom
Flooring Carpet
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Awning(s)
Lot Features Corner Lot
Water Source None
Lot Size Area 9308
Foundation Details Slab
Building Area Total 2133
Lot Size Acres 0.21
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
tinkler.andrew@gmail.com

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Affordability Calculator

$1,330
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,257
Monthly Property Taxes
$73
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Seminole High High School High School
Pricing History
DatePricePrice ChangeDescription
8/20/2026$199,000 Listed Price

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1501 TERRACE DRIVE, Sanford, FL, 32773 is a Single Family Home for sale at $199,000 with 1,504 sqft and a lot size of 0.21. 1501 TERRACE DRIVE has 4 bedrooms, 2.0 baths, and was built in 1980. The property's zip code is 32773 which is in Sanford, FL