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$425,000 Just Listed
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Property Description
Exceptional opportunity to own a double commercial lot in the heart of Sanford, Florida! Located at 3316 W 5th Street, this versatile property features a completely renovated structure currently in progress, offering the perfect canvas for investors, entrepreneurs, or business owners looking to customize their space from the ground up. The existing structure has undergone extensive renovations and can easily be converted into a professional office building, medical suite, law office, or a variety of other commercial uses - making it an ideal investment for end-users and developers alike. Strategically positioned with immediate access to SR 46, quick connectivity to Interstate 4, and just minutes from the thriving Historic Downtown Sanford corridor, this property sits in a high-visibility, high-traffic area poised for growth. Enjoy the benefits of proximity to established retail, dining, professional services, and the continued commercial expansion throughout the Sanford market. Whether you're looking to complete the renovation to your own specifications, establish a business headquarters, or add a income-producing commercial asset to your portfolio, this double lot delivers size, location, and flexibility that is rarely found at this price point. Don't miss this unique chance to secure a foothold in one of Central Florida's fastest-growing commercial corridors. Schedule your showing today!
Full Property Details
Full Property Details for 3316 W 5th St
General
- Price: $425,000
- Taxes: $471 (2025)
- Status: Active
- Type: Business
- Source: MidFloridaRegionalMLS
- MLS ID: V4949596
- Updated: 6/10/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Concrete
Location
- Area: 32771 - Sanford/Lake Forest
- County: Seminole
- Development Name: 32771 - Sanford/Lake Forest
- Subdivision: SMITHS M M
- Driving Directions: exit I4 to SR 46 and head east. turn right onto Meisch rd then turn right onto 5th st. property will be second on your right.
Community
- Community Name: 32771 - Sanford/Lake Forest
- Management Type: Owner Manager
- Mgmt. Company: Owner Manager
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Available
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Ceiling Type: Drywall
- Ceiling Height: 10 to 15 Feet
- Square Feet: 1,360
- Sq. Ft. Source: Public Records
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,285
- Lot Size: 8285
- Lot Dimensions: 109 x 76
- Frontage: City Street
- Street/Road Desc.: Dirt
Financial Considerations
- Tax Amount: $471.7
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: E 109 FT OF W 221 FT OF S 76 FT OF BLK 31 M M SMITHS SUBD PB 1 PG 55
- Flood Zone Info: x
- APN: 2619305AE310C0000
- Property ID: 2619305AE310C0000
- Block/Lot/Section: 31
Listed by Lpt Realty, Llc
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Schools
Schools serving 3316 W 5th St
School District:Seminole County School District
| Name | Grades | Distance |
|---|---|---|
Idyllwilde Elementary School 430 Vihlen Road, Sanford, FL 32771 | K-5 | 1.1 mi |
Bentley Elementary School 2190 South Oregon Avenue, Sanford, FL 32771 | K-5 | 1.7 mi |
Seminole High School, Sanford, FL 2701 Ridgewood Avenue, Sanford, FL 32773 | 9-12 | 2.4 mi |
Markham Woods Middle School 6003 Markham Woods Road, Lake Mary, FL 32746 | 6-8 | 4.8 mi |
Wilson Elementary School, Sanford, FL 985 South Orange Boulevard, Sanford, FL 32771 | K-5 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3316 W 5th St
Date
Details
Price
Change
Source
6/10/2026
Listed
$425,000
—
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 3316 W 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$491
-34%
$74,714
3%
2024
$743
1%
$72,608
3%
2023
$736
67%
$70,493
44%
2021
$442
-39%
$48,988
-28%
2022
$724
64%
$68,440
42%
2021
$442
5%
$48,312
4%
2018
$420
2%
$46,345
2%
2017
$411
-4%
$45,392
-4%
2019
$429
8%
$47,226
6%
2016
$399
-1%
$44,458
1%
2015
$402
1%
$44,149
1%
2014
$397
1%
$43,839
2%
2013
$393
—
$43,191
—
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 3316 W 5th St
3316 W 5th Street, Sanford, FL 32771 (MLS# V4949596) is a Business property. 3316 W 5th Street is currently listed for $425,000 and was received on June 10, 2026. Want to learn more about 3316 W 5th Street? Do you have questions about finding other Business real estate for sale in Sanford? You can browse all Sanford real estate or contact a Coldwell Banker agent to request more information.

