5642 West State Road 46, Sanford, FL 32771

PROPERTY DESCRIPTION - The opportunity is to acquire a 7.67± acre multifamily development site located at 5642 W SR 46 in Sanford, Florida, within Seminole County. The property has a PD for 130, 55+ residential units which also allows for ALF and Memory Care. The site offers a sizable, contiguous footprint suitable for a well scaled Seniors multifamily community in the high-growth Sanford market.

LOCATION DESCRIPTION - The property is located just northeast of W SR-46 and Orange Blvd, providing quick access to SR 417 (Greenway), SR 429 (Wekiva Pkwy), and US Hwy 17-92 allowing for convenient access to one of Seminole County's primary commercial and commuter corridors. The site benefits from proximity to new retail, residential neighborhoods, and employment center in Sanford and the Orlando MSA, with strong connectivity to I-4 and the greater Orlando market.

PROPERTY SIZE AND PARCEL ID - 7.67 Acres / 30-19-30-300-0200-0000

ZONING / FLU - Planned Development /C-1 Zoning

PROJECT HIGHLIGHTS:

• Pre-approved for HUD financing available, transferable to buyer
• PUD allows for 55+ apartments, inclusive of Assisted Living Facility or
• Memory Care Strong connectivity to commuter corridors
• High-Growth market
• Existing Approved Site Plan
• Zoning can be changed to Commercial to match FLU
• Average HH Income of $134,496 within a 1, 3, and 5 mile radius