Listed by Eshenbaugh Land Company
$4,950,000
Seminole Springs
Details
APN 30-19-30-300-0200-0000,3019305UA02000040
Property Type Land
Sub Type Residential
Acreage 7.670
Zoning Planned Development, C-1
Parking Spaces 228 spaces
5642 W SR 46, Sanford, FL 32771
Marketing 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. 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.
Investment 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
Listing Contacts
Listed by Eshenbaugh Land Company
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