$899,000
1545 Palm Way
Sanford, FL 32773
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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 on nearly 10 fully fenced acres in Sanford, this one-of-a-kind stilt home property offers rare privacy, exceptional versatility, and outstanding equestrian potential. With expansive, usable acreage and no HOA, the land is ideal for horses, livestock, agricultural use, or a private farmstead—while still offering endless opportunities to build, expand, or invest. This property is zoned A-1 and may also be subdivided, presenting an excellent opportunity for future development, multi-generational living, or long-term investment. Live comfortably in the existing home while you build your dream estate, or enjoy the property as-is with room to grow. The front portion of the property is fully cleared and ready for a new home site, barns, paddocks, riding arena, or additional structures. The elevated stilt home features 2 bedrooms and 1 bathroom, plus an additional area that can easily be enclosed to create a third bedroom or flexible living space. Recent improvements include a 2022 roof, 2018 A/C, 2021 plumbing, and electrical panel. The elevated design offers peaceful views across the acreage, while the space below—previously used as a barn—provides excellent functionality for equestrian use, livestock, storage, or a workshop. Conveniently located just minutes from Sanford Airport, SR-417, shopping, dining, and everyday amenities, this property combines the freedom of acreage living with easy access to Central Florida conveniences. Whether you’re seeking an equestrian property, private retreat, small farm, or land with development potential, this unique Sanford opportunity is ready to bring your vision to life.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history152 days on market
- Status: ActiveJan 1, 2026
- Listed$880,000Jan 1, 2026
- Price increased$899,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 152
- Subdivision
- Palm Hammock
- County
- Seminole
- Year built
- 1984
- Living area
- 1,080 sq ft
- Price/sq ft
- $832
- Building area
- 1,272 sq ft (Public Records)
- Lot size
- 406,400 sq ft
- Lot category
- 5 to less than 10
- Flood zone
- X (12117C0180F)
- Annual taxes
- $1,722 (2024)
- Parcel #
- 17-20-31-5AZ-0000-0240
- Zoning
- A-1
- MLS #
- O6365836
Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Flooring
- Carpet, Linoleum, Tile
- Appliances
- Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Solid Wood Cabinets
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Stories / Levels
- One
- Direction faces
- South
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Stilt/On Piling
- Road surface
- Dirt
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Electricity Connected, Water Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Kitchen | First | |
| Primary Bedroom | First | 13x11.5 |
| Bedroom 2 | First | 9x11.5 |
| Bathroom 1 | First |
Listing Details
- Listing date
- 2025-12-04
- On market date
- 2026-01-01
- Original list price
- $880,000
- Occupant type
- Vacant
- MLS area
- 32773 - Sanford
- Listing AOR
- Orlando Regional
- Status changed
- 2026-01-01
- Tax legal description
- LOT 24 PALM HAMMOCK PB 1 PG 104
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 2, 2026 at 2:57 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA