$1,000,000

106 Magnolia Avenue

Sanford, FL 32771

Listing updated: November 26, 2025 at 1:09 PM ET

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Active

Baths

3,952

Sq Ft

0.05

Acres

1920

Built

◆$253/sqft

Mixed Use

Property type

1920

Year built

1,975 sqft

Lot size

$253

Price / sq ft

No HOA

HOA dues

904

Days on market

Flood zone

About this home

Here is your chance to own an Income Producing Property in the Heart of Sanford's Historic. Property is located on Magnolia Square right in between 1st Street and 2nd Steet. There is always something going in Magnolia Square, from the Farmer's Market every Saturday to the many events the City and other groups put n during the year. Great Rental History with Long Term Tenants. Building is Zoned SC3 which allows for many uses. Fresh Exterior Paint, Doors and Awning. New Roof Feb of 2024!!!!!!!

Estimated monthly payment

Principal & interest$5,057

Property taxes$498

Home insurance (est.)$458

Down payment

20%

$200,000 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history904 days on market

Status: Active
Jun 6, 2023
Listed$1,150,000
Jun 6, 2023
Price reduced$1,000,000

Facts & features

Property type: Commercial Sale
Sub type: Mixed Use
Status: Active
Days on market: 904
Subdivision: Sanford Town Of
County: Seminole
Year built: 1920
Living area: 3,952 sq ft
Price/sq ft: $253
Lot size: 1,975 sq ft
Lot category: 0 to less than 1/4
Flood zone: X (12117C0070F)
Annual taxes: $5,974 (2022)
Parcel #: 25-19-30-5AG-0303-001A
Zoning: SC3
MLS #: O6116386

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Interior Details

Flooring: Carpet, Hardwood, Tile
Stories / Levels: Two

Heating & Cooling

Heating: Central, Electric
Cooling: Central Air

Parking

Parking features: Other

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Listing terms: Cash, Conventional
Ownership: Sole Proprietor

Exterior & Construction

Construction materials: Brick
Roof: Other
Foundation: Slab
Road surface: Brick

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected

Community

Pets allowed: Yes - See Condo Docs

Listing Details

Listing date: 2023-06-05
On market date: 2023-06-06
Original list price: $1,150,000
MLS area: 32771 - Sanford/Lake Forest
Listing AOR: Orlando Regional
Status changed: 2023-06-06
Tax legal description: S 37.65 FT OF LOT 1 & S 37.65 FT OF E 2.97 FT OF LOT 2 BLK 3 TR 3 TOWN OF SANFORD PB 1 PG 58

Flood risk

Minimal riskFEMA Zone XPanel 12117C0070F

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Park Avenue to 2nd Street. East on 2nd Street to Magnolia Avenue. Building is on the left on Magnolia Square.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of November 26, 2025 at 1:09 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA