Michael Palombi

$220,000

0.27 Acres

Sanford, Florida, 32771

$30,000 PRICE REDUCTION! Rare commercial or multi-family redevelopment site opportunity in red-hot downtown historic Sanford. Approximately .27 acres on main thoroughfare through downtown, site has frontage on 3rd Street and access on Laurel Ave. NOT in the historic district and subject to extra regulations. SC-3 Special Commercial zoning allows many commercial uses and can allow multi-family. Future Land Use is WDBD, Waterfront Downtown Business District, which allows for minimum set-backs, lower parking requirements, and up to 50 units/acre. Zoning also allows two story Live/Work buildings, and you can play one block away at the Paw Park. Public sewer and water. Apparently there were previously three homes on the property, but they were cleared decades ago. Massive commercial and residential growth in the area. New restaurants & microbreweries are opening up the west end of historic downtown Sanford.

$2,429,000

6.87 Acres

Longwood, Florida, 32750

Mixed-Use site with zoning in place. High and dry redevelopment opportunity. The City of Longwood allows multi-family development with commercial portion on this NC-zoned land. See attached Code of Ordinances - Permitted Uses. Multiple parcels. Frontage access on east side of the property and 16' exit road on west side that should be adequate for straight line emergency vehicle egress. Great infill area with recently built upscale apartments, Lyman high school, and Northland Church as neighbors. Traffic count of 17,900 vehicles per day. As-is, the value is in the land and the structures will be left as-is.

$599,900

0.19 Acres

Lake Mary, Florida, 32746

BIG PRICE REDUCTION!!! Rare commercially zoned lot in downtown Lake Mary square connected to the vibrant shopping and dining district! Directly adjacent to Central Park at City Hall, downtown shops and restaurants, and walking distance to Lake Mary Sunrail Station. Property is zoned "DC" - Downtown Centre - Refer to chapter 154.67 in the Code of Ordinances. Allows for retail, office, restaurants, possible 2-story Live/Work opportunity. Sewer and water hooked up to residence. Micro retail development with salon space under construction on the southeast corner of 4th and Crystal Lake Ave, townhome projects proposed one block away on Wilbur Ave. City of Lake Mary has approved front parking on Crystal Lake and there is paved public parking on the corner and across the street. Located near City Hall, many great dining places, shopping, I-4, Lake Mary Blvd., and 417. Lots of exposure for your business and great foot traffic. Value is in the land. Similar commercial lot now under construction on teh corner sold for $899,000!