1 / 31
$995,000
Original: $880,000
Active
1545 PALM WAY
SANFORD, FL 32773 — PALM HAMMOCK
2 Beds
1 Baths
1,080 sqft
9.32 acres
Built 1984
About This Property
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.
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.
Property Details
Basics
- Property Type
- Residential
- Property Subtype
- Single Family Residence
- MLS Number
- O6365836
- Days on Market
- 3
- Year Built
- 1984
- Levels
- One
- Architectural Style
- Florida, Key West
- Direction Faces
- South
- Occupant Type
- Vacant
Size & Structure
- Living Area
- 1,080 sqft
- Total Area
- 1,272 sqft
- Lot Size
- 9.32 acres
- Lot Sq Ft
- 406,400 sqft
- Bedrooms
- 2
- Full Baths
- 1
Interior
- Flooring
- Carpet, Linoleum, Tile
- Appliances
- Microwave, Range, Refrigerator
- Interior Features
- Ceiling Fans(s), Solid Wood Cabinets
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Furnished
- Unfurnished
- A/C
- Central Air
- Heating
- Electric
Exterior & Lot
- Exterior Features
- Other
- Construction
- Frame
- Roof
- Shingle
- Foundation
- Stilt/On Piling
- Patio/Porch
- Covered, Front Porch, Side Porch
- Other Structures
- Barn(s)
- Fencing
- Wood
- Lot Features
- Cleared, Level, Pasture, Private, Street Dead-End, Unpaved, Zoned for Horses
- View
- Trees/Woods
- Horse Amenities
- Round Pen
Water & Pool
Community & HOA
- HOA
- No
Utilities & Systems
- Water
- Well
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Water Connected
- Cooling
- Central Air
- Heating
- Electric
- Flood Zone
- X
Financial
- List Price
- $995,000
- Original Price
- $880,000
- Annual Taxes
- $1,722
- Tax Year
- 2024
- Listing Terms
- Cash, Conventional, FHA, VA Loan
- Special Conditions
- None
Schools
- Middle School
- Sanford Middle
- High School
- Seminole High