Back 1545 Palm Way
Off Market

1545 Palm Way

Sanford FL 32773

406400 sq. ft.
Land
Last sold for $725,000
Chris Creegan AgentChris Creegan Agent, last sold this property on 15 July 2026 after 194 days on market.

Overview

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.

Features

406400 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Sanford over the last 12 months, the estimated median property value of 1545 Palm Way is $105k.

Median value
$105k
Estimated value range
$40k - $2m
Median days on market
106
Estimated value trend
-13%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sanford. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1545 Palm Way

2026
Sold
$725,000
15 Jul 2026 by Chris Creegan Agent, of CREEGAN GROUP

Happy sellers in Sanford

94%
94% of sellers in Sanford reported that their sale price either exceeded or met their price expectations.

Sanford stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Sanford over the last 12 months.

Local market activity for land plots in Sanford

In the last 12 months, 14 land plots similar to 1545 Palm Way, have been sold.

This represents a 24% increase in land plots sales when compared to the previous 12 months.

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