Under contract-accepting backup offers. Bring your developer and investor clients. One of a kind development opportunity - this lakefront property is located in historic downtown Sanford with 360 degree views of Lake Monroe. This property is two parcels - including Parcel ID 30-19-31-506-0100-0020 combined for a total of 2.58 acres. The property is shovel ready and FULLY ENTITLED FOR HIGH DENSITY RESIDENTIAL. Approved development is a 4 story, 80 unit condominium or apartment community with amenities. Located in a the charming, downtown business district of Sanford, Florida - residents can walk out their front door to nearby restaurants and shops. The city of Sanford host many community events including the popular October Fest featuring world famous German restaurant Hollerbach's known for its authentic German cuisine and live folk music. The close proximity to Lake Monroe and St John's River allows for many outdoor recreations with its many parks, trails and marinas. Additionally Seminole county boasts some of he highest rated schools in Central Florida.