Pending

1545 Palm Way

SANFORD, FL 32773
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SqFt406,400

Sqft(Lot)

Acres9.32

Acres(Lot)

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Seller is willing to SPLIT the property into two 5 acre parcels and sell separately. 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 improvemen ts. 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.

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Detail Ic Property Details

Property Type : Land

Price : $899,000

AD Id : 74218166

MLS Id : MFRO6373841

Lot Size : 9.32 Acres(Lot)

Living Area Size : 406,400

County : Seminole

Subdivision: Palm Hammock

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Feature Features

  • Water Source

    WaterSource: Well

  • Lot Information

    Lot Dimensions: 635' x 640' Lot Description: Cleared, Level, Pasture, Private, Street Dead-End, Unpaved, Zoned for Horses Lot Square Feet: 406400 Lot Acres: 9.32 Lot Size (SqMt): 37756

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$995000

  • Tax Information

    Tax Block: 00 Tax Book Number: 1-104 Tax Lot: 24 Tax Legal Description: LOT 24 PALM HAMMOCK PB 1 PG 104 Annual Tax: $1722 Tax Year: 2024 Parcel Number: 17-20-31-5AZ-0000-0240

  • School Information

    Junior High School: Sanford Middle Senior High School: Seminole High
  • Utility Information

    Electricity Available, Utility Pole, Water Connected Sewer: Septic Tank Water Source: Well
  • Location Information

    Subdivision: PALM HAMMOCK City: SANFORD Direction: 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.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
E Sr 46, Sanford, FL, 32773 $425,000 -- -- 42,240 0.97 Acre(Lot)
2515 Richmond Ave, Sanford, FL, 32773 $330,000 -- -- 55,757 1.28 Acres(Lot)
2507 Richmond Ave, Sanford, FL, 32773 $425,000 -- -- 55,757 0.88 Acre(Lot)
E Lake Mary Blvd, Sanford, FL, 32773 $1,144,500 -- -- 141,962 3.26 Acres(Lot)
1310 Palm Way, Sanford, FL, 32773 $200,000 -- -- 48,125 1.10 Acres(Lot)
S Mellonville Avenue, Sanford, FL, 32773 $549,999 -- -- 297,079 6.82 Acres(Lot)
Pine Way #LOT 4R, Sanford, FL, 32773 $299,900 -- -- 122,142 2.80 Acres(Lot)
Pine Way, Sanford, FL, 32773 $289,000 -- -- 86,865 1.99 Acres(Lot)
2999 Knudsen Drive, Sanford, FL, 32773 $1,056,000 -- -- 244,188 5.61 Acres(Lot)
523 Ross Street, Sanford, FL, 32773 $193,890 -- -- 44,720 1.03 Acres(Lot)
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ByOwner last updated this listing 06/11/2026 @ 18:20

MLS: MFRMLS #O6373841 LISTED BY: Chris Creegan, CREEGAN GROUP 407-622-1111 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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