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$480,000

RARE 1+ ACRE OPPORTUNITY | 3 INCOME STREAMS | RV HOOKUP | COMMERCIAL POTENTIAL | PRIME LOCATION A truly unique Central Florida opportunity where residential charm, rental income, expansive land, and future development potential come together on over an acre! Situated directly off Ronald Reagan Blvd (County Road 427), this distinctive bungalow-style property offers a rare combination of space, flexibility, and multiple income streams in an area surrounded by commercial activity and development. The property currently features three separate sources of rental income: a long-term tenant occupying the main residence, a 1-bedroom/1-bath studio-style mother-in-law suite at the rear currently operated as an Airbnb, and a long-term tenant occupying the RV located on the property. The RV already has a dedicated RV hookup, making this an especially versatile setup for generating additional income. The property also features a storage shed for additional storage and a water softener, adding practical value and convenience for both residents and tenants. For the homeowner, imagine transforming this expansive 1+ acre parcel into your own private retreat—with room to expand, customize, garden, entertain, park recreational vehicles, or create the dream property you've always envisioned. For the savvy investor or developer, the possibilities are even more intriguing. The property is currently zoned Agricultural, while the surrounding area includes a large commercial parcel directly across the road and multiple commercial properties nearby, making this a compelling location for exploring future commercial or alternative development opportunities, subject to applicable zoning, approvals, and governmental requirements. Whether you envision a private estate, income-producing multifamily property, redevelopment project, or future commercial venture, this property offers something increasingly difficult to find: land, location, income, and flexibility—all in one package. PROPERTY HIGHLIGHTS • Over 1 acre of land • Charming bungalow-style main residence • Three existing income streams • Long-term tenant in main residence • 1 BR / 1 BA rear studio / mother-in-law suite • Airbnb income potential • RV included with dedicated RV hookup • Long-term RV tenant • Storage shed • Water softener • Agricultural zoning with potential for alternative uses, subject to approval • Located just off Ronald Reagan Blvd / County Road 427 • Large commercial parcel directly across the road • Multiple commercial properties/sites nearby • Excellent opportunity for an owner-user, investor, or developer • Rare combination of residential, multifamily, income, land, and development potential ONE PROPERTY. THREE INCOME STREAMS. ENDLESS POSSIBILITIES. Opportunities like this don't come along often. Secure the land today, capitalize on the existing income, and explore the possibilities for tomorrow. Whether you're looking for your next investment, a spacious property to call home, or a strategically positioned parcel with future potential, this is one you won't want to overlook.

3 Beds ⋅ 2 Baths ⋅ 32773 Zip Code

5175 N Ronald Reagan Boulevard, Sanford

$779,000

Step into timeless elegance with this breathtaking 1901 Colonial-style estate, perfectly nestled beneath majestic oak trees on a private 0.75 acre lot in the heart of historic downtown Sanford. Rich in character and thoughtfully updated, this one-of-kind property seamlessly blends historic charm with modern comfort. Offering 5 spacious bedrooms and 2 bathrooms, this remarkable home features expansive living and gathering spaces designed for both everyday living and unforgettable entertaining. The oversized great room provides the perfect setting for family gatherings, while the outside has multiple outdoor entertaining areas, creating a seamless indoor-outdoor lifestyle. The backyard is a true private retreat, complete with a sparkling pool, mature landscaping, and plenty of room to relax or host guests. A versatile barn adds endless possibilities for storage, hobbies, a workshop or future creative use. From its stately Colonial architecture and picturesque setting to its exceptional amenities and unbeatable downtown Sanford location, this extraordinary property is a rare opportunity to own a piece of history with all the space and features today's buyers desire. Just moments from vibrant dining, shopping, parks, the waterfront and community events, this is a home where timeless beauty meets modern living.

5 Beds ⋅ 2 Baths ⋅ Acreage & Unrec SubDv. ⋅ 32771 Zip Code

649 Glenway Drive, Sanford