This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/34
$995,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/34
Property Description
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.
Full Property Details
Full Property Details for 1545 Palm Way
General
- Price: $995,000
- Taxes: $1,722 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6373841
- Updated: 1/14/2026
- Added to Site: 4 day(s) ago
Location
- Area: 32773 - Sanford
- County: Seminole
- Development Name: 32773 - Sanford
- Subdivision: PALM HAMMOCK
- Driving 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.
- Direction Faces: South
School Information
- Middle School: Sanford Middle
- High School: Seminole High
Community
- Community Name: 32773 - Sanford
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Available, Utility Pole, Water Connected
Structural Information
- Current Bldg. Use: Agricultural
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 9.32
- Lot Size (Sq. Ft.): 406,400
- Lot Size: 9.3297
- Lot Dimensions: 635' x 640'
- Frontage: Street Dead-End, Street Unpaved
- Street/Road Desc.: Unimproved, Dirt
- Fencing (Description): Wood
Financial Considerations
- Price Per Acre: $106,760
- Tax Amount: $1,722
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 24 PALM HAMMOCK PB 1 PG 104
- Flood Zone Info: X
- APN: 1720315AZ00000240
- Property ID: 1720315AZ00000240
Listed by Creegan Group
Get Pre-Approved Today
Schools
Schools serving 1545 Palm Way
School District:Seminole County School District
| Name | Grades | Distance |
|---|---|---|
Pine Crest Elementary School 405 West 27th Street, Sanford, FL 32773 | K-5 | 2.7 mi |
Midway Elementary School 2368 Brisson Avenue, Sanford, FL 32771 | K-5 | 3.1 mi |
Seminole High School, Sanford, FL 2701 Ridgewood Avenue, Sanford, FL 32773 | 9-12 | 3.3 mi |
Sanford Middle School, Sanford, FL 1700 South French Avenue, Sanford, FL 32771 | 6-8 | 3.9 mi |
Hamilton Elementary School 1501 East 8th Street, Sanford, FL 32771 | K-5 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1545 Palm Way
Date
Details
Price
Change
Source
1/14/2026
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1545 Palm Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,764
293%
$151,552
3%
2024
$1,722
3%
$147,281
3%
2023
$1,677
8%
$142,991
6%
2021
$1,555
-4%
$134,783
-3%
2022
$1,627
5%
$138,826
4%
2021
$1,555
4%
$132,922
4%
2018
$1,493
1%
$127,511
2%
2017
$1,477
-2%
$124,888
2%
2016
$1,505
-1%
$122,319
1%
2015
$1,522
—
$121,469
-7%
2019
$1,517
1%
$129,934
8%
2014
$1,507
-1%
$120,505
2%
2013
$1,519
—
$118,724
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1545 Palm Way
1545 Palm Way, Sanford, FL 32773 (MLS# O6373841) is a Lots/Land property with a lot size of 9.32 acres. 1545 Palm Way is currently listed for $995,000 and was received on January 14, 2026. Want to learn more about 1545 Palm Way? Do you have questions about finding other Lots/Land real estate for sale in Sanford? You can browse all Sanford real estate or contact a Coldwell Banker agent to request more information.

