717 E 2ND ST Sanford, FL 32771

Available now is this huge grand old Colonial style home in downtown Sanford, just blocks from the revitalized downtown shops and restaurants. It sits on the corner, with a large fenced double lot with views of Lake Monroe and Fort Mellon Park from the wrap-around front porch and upstairs balcony. 6 large bedrooms upstairs, 5 huge formal rooms downstairs, 2 fireplaces, and 2 staircases. Incredibly high vaulted ceilings and wood floors. Ample closet and kitchen space. New metal roof approx ‘02, updated electric and plumbing, central heat & air throughout (updated '14 and '19). Structurally very sound. Detached 2 car garage, and separate garden shed on concrete pad with electric. The double lot offers an unusually large yard for downtown Sanford. It is a beautiful old home with amazing character and original wood accents. With modest updates this home would have a very high return on investment.

For investors, zoning is MR3 allowing townhouses, community & residential care facilities, etc. It sits just outside the historical district so improvements are not regulated by the board. The City indicates willingness to permit light commercial use for professional offices, live-in Studio, etc. The property is perfect for a conversion to commercial use with 2 front entries from the wrap-around porch, 3 entries in the rear of house, and the large corner lot would provide dual road access and ample parking. Tremendous upside in this unique property.