Available
$4,095,000(ARV: $28,900,000)14% of ARV

Seminole County, Sanford, FL 32773

267,458 sf

1 day ago

Gross spread$24,805,000

Description

4*** Terrace Ct, Sanford, FL 32773 6.14 Acres | Seminole County **71 Proposed Townhomes | MR-2 Zoning** **Asking Price: Available Upon Request** Attention developers, builders, and land investors! Introducing Tranquility Village, a residential development opportunity in Central Florida with extensive engineering, architectural, and site-planning work already completed. DEVELOPMENT HIGHLIGHTS: 71 proposed two-story townhomes Approximately 6.14 acres 172 planned parking spaces Civil engineering and site plans prepared Architectural floor plans and elevations Stormwater and drainage design Water and sewer infrastructure planning Lift station and offsite sewer engineering Electrical and utility distribution plans City and County review documentation ENTITLEMENT & APPROVAL PROGRESS The City of Sanford's 2025 review references 71 townhomes, and Seminole County previously approved the right-of-way site plan. Final permits and current approval status require verification. INVESTMENT POTENTIAL: Build and sell individual townhomes Develop a build-to-rent community Acquire and complete the development process A historical financial pro forma is available for review, along with extensive engineering and development documentation. SERIOUS BUYERS CAN REQUEST: • Full construction and site plans • Architectural and utility drawings • Municipal review documentation • Historical financial projections • Additional due diligence materials Interested in acquiring this development? Contact [representative] for pricing, documentation, and additional information. All plans, approvals, costs, and projections subject to buyer verification.

$/sqft vs market

This deal$15/sqft
Market median$240/sqft
Difference−94% below

Median of 23 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms—
Bathrooms—
Square feet267,458
Lot size6.14 ac
Year built—
ConditionFull Rehab
OccupancyVacant
ParkingUnassigned

Systems & condition

HeatingOther
Air conditioningNone
FoundationOther

Self-reported by the seller. Not inspected.

Property information

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