An exceptional opportunity to acquire approximately 1.07 acres in downtown Sanford's Waterfront Downtown Business District. Comprising two adjoining parcels at the southeast corner of East 1st Street and Pine Avenue, this prominent corner property offers approximately 330 feet of frontage along East 1st Street, additional frontage along Pine Avenue, and views of Lake Monroe. Located directly across from Fort Mellon Park and the Sanford Museum, the property enjoys a distinctive setting in the heart of downtown Sanford. Zoned RMOI (Multifamily Residential/Office/Institutional) with a WDBD (Waterfront Downtown Business District) future land use designation, the property offers potential for a variety of development possibilities, including professional offices, multifamily residential, and institutional uses, subject to applicable zoning requirements and city approvals. Just moments from the Lake Monroe waterfront and marina, the property is ideally positioned near Historic Downtown Sanford's restaurants, breweries, art galleries, theaters, and the Sanford Avenue entertainment district. With its generous acreage, prominent corner location, lake views, and proximity to downtown amenities, this property presents an opportunity for developers and investors to explore its potential in one of Central Florida's distinctive historic downtowns.