Prime development opportunity in the heart of Sanford! This vacant lot, located at 420 E 5th St, offers 0.07 acres of buildable land with 40 feet of frontage in the highly desirable Sanford Town of subdivision. Zoned SR1 (Single Family Residential) with future land use designated as WDBD (West Downtown Business District), this property offers flexibility for various residential and potential mixed-use development projects, subject to zoning approvals. This lot is perfect for those looking to build a custom home, investment property, or take advantage of Sanford’s growth in urban redevelopment. Nestled within a vibrant community, it is just minutes from downtown Sanford’s thriving historic district, offering a mix of entertainment, restaurants, shopping, and waterfront activities. Utilities, including city water, sewer, and power through FPL, are readily available for streamlined development. Whether you're an investor or a homeowner, this is an excellent opportunity to secure property in one of Central Florida’s most dynamic areas. Don’t miss this chance to build your future in Sanford!