121 E 1ST STREET, #101, Sanford, FL, 32771 | $3,000,000

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.

Features

  • Property Type: Mixed Use
  • Construction: Brick, Stucco
  • Utilities: Public
  • Levels: 2
  • Heating: Central
  • Cooling: Central Air
  • Year Built: 1920
  • Approx Sq. Feet: 7,987
  • Acreage: 0.1
  • Est. Taxes: $14,368
  • MLS#: O6355722
  • Days on Market: 78 days
  • Website: https://www.raveis.com
    /prop/O6355722/121e1ststreet_sanford_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 1/14/2026 7:32:11 PM)
Listing courtesy of KROLL REALTY GROUP   Phone: 407-339-6930

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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121 E 1ST STREET, #101, Sanford, FL, 32771

$3,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,400,000 $2,400,000 $2,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.229% 6.007% 5.952%
Monthly Tax Payment $1,197 $1,197 $1,197
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,627 $14,197 $19,930
Total Monthly Payment $14,949 $15,519 $21,252

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.