5 Parcels on 4.5 Acres in Sanford County Rd 427 Sanford, FL 32773
Here is a 4.5-acre lot in Sanford that includes 5 parcels (0060, 006A, 006C, 007A, 007C) all to be sold as one.
There is 389 ft of frontage on CR427. The zone is A1 and the future land use is low density residential. There are 2 houses on 2 of the parcels (1,140sf and 808sf) with septic and well. The two properties are occupied by the seller’s friends and will be vacant 15 to 30 days after an offer is accepted. You should be able to build one house per parcel.
There is a creek running through the back of parcel 007C.
There weren’t any new construction comps but 1990 built homes were selling for $150/sf. So, if a new build could get $165/sf then you are looking to make $35,000 – $40,000 per parcel.