1545 PALM WAY
Sanford, FL, 32773 $ 995,000
Baths0.0 Monthly Estimate*
$ 6,126
Studio for $995,000. The lot size is 9.32.
Tucked away at the end of a quiet street, this nearly 10-acre, fully fenced parcel in Sanford offers a rare opportunity to own expansive, usable land with no HOA and exceptional flexibility. Zoned A-1, the property not only supports agricultural use, horses, livestock, and a private farmstead, but may also be subdivided, making it ideal for future development, multi-generational living, or long-term investment. The front portion of the property is already cleared and build-ready, allowing you to move forward immediately with plans for a custom estate, additional homes, barns, paddocks, riding arena, or other improvements. Utilities are already in place, eliminating a major upfront hurdle and saving both time and cost. One of the most valuable advantages of this property is the ability to live on-site while you build, offering convenience, flexibility, and peace of mind throughout the construction process. The existing elevated stilt home provides comfortable interim or long-term living and features 2 bedrooms and 1 bathroom, with an additional area that can easily be enclosed for a third bedroom or flexible space. The structure below—previously used as a barn—adds further functionality for storage, livestock, equestrian use, or a workshop. Recent updates include a 2022 roof, 2018 A/C, 2021 plumbing, and an updated electrical panel. Private and serene, yet just minutes from Sanford Airport, SR-417, shopping, dining, and everyday conveniences, this property offers the best of both worlds—the freedom of acreage living with easy access to Central Florida amenities. Whether your vision includes building a custom estate, creating an equestrian compound, developing the land, or securing a versatile investment property, this unique Sanford offering provides the space, infrastructure, and flexibility to bring it to life.
See more
FeaturesGeneralSewer Septic Tank
Utilities Electricity Available Utility Pole Water Connected
Zoning A-1
View Trees/Woods
Tax Year 2024
Current Use Agricultural
Ownership Fee Simple
County Seminole
Property Type Land
Subdivision Name PALM HAMMOCK
Facing Direction South
Other Structures Barn(s)
Status Active
Directions Heading east on E Lake Mary Blvd turn right onto S Sanford Ave. Turn left onto Pine Way then right onto Mellonville Ave. Turn left onto Palm Way and follow the road to the very end. Continue past the paved portion onto the dirt/grass road. The gated entrance is located at the end of the road on the right along the rear boundary of the property.
High School Seminole High
City SANFORD
MLS Area 32773 - Sanford
Lot Size Units Acres
Lot Size Square Feet 406400
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 1722
Middle/Junior High School Sanford Middle
Additional Parcels Y/N false
Virtual Tour https://focuslock.aryeo.com/videos/019b31ad-183d-70e5-a9c8-aa6fcf0ac2c5?v=198 https://focuslock.aryeo.com/sites/aeeeeow/unbranded
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 24
Legal Description LOT 24 PALM HAMMOCK PB 1 PG 104
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
See more
ExteriorVegetation Fruit Trees Mature Landscaping Oak Trees Wooded
Fencing Wood
Lot Features Cleared Level Pasture Private Street Dead-End Zoned for Horses
Water Source Well
Lot Size Area 9.3297
Lot Dimensions 635' x 640'
Lot Size Acres 9.32
Road Surface Type Unimproved Dirt
Waterfront Y/N false
Road Frontage Type Street Dead-End Street Unpaved
Horse Amenities Round Pen
See more
* Excluded FeaturesList Bylistingteam@creegangroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,126
- Monthly Property Taxes
- $144
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Sanford, FL
Average List Price $533,015
Percent of Sale Price 46%
About Sanford, FL 57,769 Population
48% Since 2002
$ 41,201 Median Income
35.83 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Seminole High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/14/2026 | $995,000 | | Listed Price |