Listing provided courtesy of JERNIGAN PROPERTIES, INC.as Distributed by MLSGrid- MLS# MFRO6116386MLS Provider

106 MAGNOLIA AVENUESANFORD, FL 32771

Commercial · 3,952 Sq. ft. | 0.05 Acres
$1,000,000 Active

106 MAGNOLIA AVENUE Overview

Time on Site:
1120 days
Visits:
39

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!!!!!!!

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106 MAGNOLIA AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 3,952
  • Price/Sq.ft. $253
  • Lot 0.05 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1920

Location/Region

  • Country: US
  • County Or Parish: Seminole
  • MLS Area Major: 32771 - Sanford/Lake Forest
  • Subdivision Name: SANFORD TOWN OF
  • Township: 19

Tax Information

  • Tax Annual Amount: 5974
  • Tax Year: 2022

General Information

  • Listing Terms: Cash,Conventional
  • Ownership: Sole Proprietor
  • Parcel Number: 25-19-30-5AG-0303-001A
  • Pets Allowed: Yes - See Condo Docs
  • Property Condition: Completed
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: None
  • Zoning: SC3

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3952
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: Visitor Bathroom
  • Building Features: Bathrooms,Common Lighting,Elevator – None
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Flooring: Carpet,Hardwood,Tile
  • Foundation Details: Slab
  • Heating: Central,Electric
  • Levels: Two
  • Living Area: 3952
  • Living Area Units: Square Feet
  • Other Equipment: Grease Trap
  • Stories Total: 2
  • Window Features: Display Window(s)

Exterior

Parking Information

  • Parking Features: Other

Lot Information

  • Additional Parcels: No
  • Lot Features: Central Business District,Corner Lot,Historic District,City Limits,Near Public Transit,Sidewalk,Street Lights
  • Lot Size Square Feet: 1975
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Brick
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Other

General Information

  • Road Frontage Type: Business District,City Street
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Capable,Electricity Available,Phone Available,Public,Water Connected

106 MAGNOLIA AVENUE Neighborhood

Community

32771 (SANFORD) Demographics

38
Median Age
1,512
Population Density (per sq. mile)
46%
College Educated
$67,453
Estimated Median Income
12,812
Estimated Total Home Owners
7,674
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

106 MAGNOLIA AVENUE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

106 MAGNOLIA AVENUE Market Data

Based on the last 30 days in this zip code

$502,767
Average List Price
$240
Average Price per Square Foot
70
Properties Sold
98
Average Days on Market
379
Properties for Sale
Calculations provided by Reliance Network

106 MAGNOLIA AVENUE History

Date Event Value Agent
8/14/2025Source: My Florida Regional MLS Price Reduction
$1,000,000 -13.0%
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022