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$1,500,000

121 E 1ST ST #101
SANFORD, FL 32771
Listed by Holly Kroll · KROLL REALTY GROUP
Bedrooms
N/A
Bathrooms
N/A
Living area
7,987 sqft
Year built
1920

About this home

PRICED BELOW APPRAISAL! Don’t miss this rare opportunity to own a remodeled historic commercial building in the most desirable location in Downtown Sanford’s vibrant First Street business district. Perfectly positioned between 1st Street and Magnolia to be among the city’s bustling shops, restaurants, and entertainment venues, this property offers unmatched visibility and endless potential for investors or owner-users alike. Meticulously updated from top to bottom, the building combines modern functionality with timeless character and craftsmanship. The first floor features an expansive open-concept layout ideal for mixed-use applications such as retail, restaurant, office, or event space. With its original exposed brick walls, soaring open-air ceilings, three bathrooms, and a convenient kitchenette, this level provides an inviting, flexible space ready to adapt to any business vision. The second floor, with its impressive two-story ceilings, offers a thoughtfully designed professional setting featuring eight private offices, a break room, and a restroom. Front-facing windows have been soundproofed, maintaining a peaceful work environment even when downtown is lively below. Recent upgrades include fresh interior paint, new LVP flooring on the first floor, new carpet on the second floor, a new A/C system installed in 2023. Every detail has been attended to, ensuring this historic property is as functional as it is beautiful. Blending classic architectural charm with contemporary updates, this building is an ideal investment opportunity as it is located in Central Florida’s most walkable and rapidly growing downtown corridors. Building is Zoned SC3 which has a lot of potential use.

Property details

MLS #
MFRO6355722
Property type
Mixed Use
Subdivision
SANFORD TOWN OF
Status
Active
Days on market
275
On market date
October 28, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
HAMILTON ELEMENTARY SCHOOL
0.96 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
669
Student:teacher ratio
13.9:1
District
SEMINOLE
Middle
SANFORD MIDDLE SCHOOL
1.1 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,321
Student:teacher ratio
17.9:1
District
SEMINOLE
High
CROOMS ACADEMY OF INFORMATION TECHNOLOGY
1.54 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
691
Student:teacher ratio
26.6:1
District
SEMINOLE

Walkability

Blended score for SANFORD's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

96
Highly walkable
out of 100
EPA National Walkability Index
18.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks20
Schools14
Transit stops10
Pharmacies4

Market position

How this listing compares to current activity in SANFORD, from live MLS data.

On the market 275 days -- 163 more days than SANFORD's current average of 112 days.
For reference, the median list price across 743 active listings in SANFORD right now is $325,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$9,183/mo
$300,000 down
$1,200,000 loan
Principal & interest$7,783
Property tax (est.)$1,250
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 10 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.