121 1st Street, FL
Stellar MLS

$2,000,000

121 1st Street

Sanford, FL 32771

Listing updated: April 20, 2026 at 1:49 PM ET

Active
0
Baths
7,987
Sq Ft
0.1
Acres
1920
Built
$250/sqft
Mixed Use

Property type

1920

Year built

4,154 sqft

Lot size

$250

Price / sq ft

No HOA

HOA dues

174

Days on market

x

Flood zone

About this home

PRICED BELOW APPRAISAL! Don’t miss this rare opportunity to own a remodeled historic commercial building in the most desirable location in Downtown Sanford’s vibrant First Street business district. Perfectly positioned between 1st Street and Magnolia to be among the city’s bustling shops, restaurants, and entertainment venues, this property offers unmatched visibility and endless potential for investors or owner-users alike. Meticulously updated from top to bottom, the building combines modern functionality with timeless character and craftsmanship. The first floor features an expansive open-concept layout ideal for mixed-use applications such as retail, restaurant, office, or event space. With its original exposed brick walls, soaring open-air ceilings, three bathrooms, and a convenient kitchenette, this level provides an inviting, flexible space ready to adapt to any business vision. The second floor, with its impressive two-story ceilings, offers a thoughtfully designed professional setting featuring eight private offices, a break room, and a restroom. Front-facing windows have been soundproofed, maintaining a peaceful work environment even when downtown is lively below. Recent upgrades include fresh interior paint, new LVP flooring on the first floor, new carpet on the second floor, a new A/C system installed in 2023. Every detail has been attended to, ensuring this historic property is as functional as it is beautiful. Blending classic architectural charm with contemporary updates, this building is an ideal investment opportunity as it is located in Central Florida’s most walkable and rapidly growing downtown corridors. Building is Zoned SC3 which has a lot of potential use.

Estimated monthly payment

Principal & interest$10,113
Property taxes$1,197
Home insurance (est.)$917

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 history174 days on market

  1. Status: Active
    Oct 28, 2025
  2. Listed$3,000,000
    Oct 28, 2025
  3. Price reduced$2,000,000

Virtual Tour

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Active
Days on market
174
Subdivision
Sanford Town Of
County
Seminole
Year built
1920
Living area
7,987 sq ft
Price/sq ft
$250
Building area
8,008 sq ft (Public Records)
Lot size
4,154 sq ft
Lot category
0 to less than 1/4
Flood zone
x
Annual taxes
$14,368 (2024)
Parcel #
25-19-30-5AG-0303-0010
Zoning
SC3
MLS #
O6355722

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Interior Details

Flooring
Ceramic Tile, Luxury Vinyl

Heating & Cooling

Heating
Central
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Other

Exterior & Construction

Construction materials
Brick, Stucco
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Public

Listing Details

Listing date
2025-10-27
On market date
2025-10-28
Original list price
$3,000,000
Occupant type
Vacant
MLS area
32771 - Sanford/Lake Forest
Listing AOR
Orlando Regional
Status changed
2025-10-28
Tax legal description
LOT 1 (LESS S 37.65 FT) & E 2.97 FT OF LOT 2 (LESS S 37.65 FT) BLK 3 TR 3 TOWN OF SANFORD PB 1 PG 58

Flood risk

Minimal riskFEMA Zone X

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

From I-4 go east on 46 and continue on 1st St, located next to clock in Magnolia Square.

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MLS GRID

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 April 20, 2026 at 1:49 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