1545 Palm Way, FL

$899,000

1545 Palm Way

Sanford, FL 32773

Active
0
Baths
9.32
Acres
9.32 acres$2/sqft
Land

Property type

406,400 sqft

Lot size

$2

Price / sq ft

No HOA

HOA dues

139

Days on market

X

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, 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.

Estimated monthly payment

Principal & interest$4,546
Property taxes$144
Home insurance (est.)$412

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 history139 days on market

  1. Status: Active
    Jan 14, 2026
  2. Listed$995,000
    Jan 14, 2026
  3. Price reduced$899,000

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
139
Subdivision
Palm Hammock
County
Seminole
Price/sq ft
$2
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 #
O6373841

Interior Details

Direction faces
South

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple

Exterior & Construction

Road surface
Dirt

Utilities

Sewer
Septic Tank
Water source
Well
Utilities
Electricity Available, Utility Pole, Water Connected

Schools

MiddleASanford MiddleGreatSchools ↗
High SchoolBSeminole HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Listing Details

Listing date
2026-01-14
On market date
2026-01-14
Original list price
$995,000
MLS area
32773 - Sanford
Listing AOR
Orlando Regional
Status changed
2026-01-14
Tax legal description
LOT 24 PALM HAMMOCK PB 1 PG 104

Flood risk

Minimal riskFEMA Zone XPanel 12117C0180F

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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MLS GRID

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 2:56 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