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About this home
3312 W 5th St is a 1959-built home in Smiths M M, Sanford. Inside you'll find 2 bedrooms, 1 bathrooms, and 936 square feet of living space. Listed at $350,000 (about $374/sqft), 115 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Virtually Staged. COMMERCIAL OPPORTUNITY just off of SR46. Discover exceptional value with this strategically located property at 3312 W 5th St, Sanford, FL. Nestled just minutes from major transportation arteries, including I-4 and State Road 46, this location offers unmatched accessibility for businesses and commuters alike. Its close proximity to downtown Sanford adds to its appeal, placing it at the heart of a vibrant, growing community with increasing demand for commercial and professional services. The property sits on a spacious lot, offering significant land value in a sought-after area. While the existing structure presents a solid foundation, its true potential lies in redevelopment—ideal for converting into a modern office building, professional suites, or a mixed-use commercial space. With Sanford’s continued growth and revitalization, this is a rare chance to invest in a high-visibility location with strong future appreciation. Don’t miss this opportunity to capitalize on location, land value, and redevelopment potential—all within easy reach of major highways and the thriving downtown district. Perfect for investors, developers, or business owners looking to establish a strategic foothold in Central Florida. One or more photo(s) was virtually staged
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$350,000
$374 per sq ft
Beds and baths
2 beds, 1 baths
Size
936 sq ft
Time on market
115 days
Year built
1959
Monthly payment
About $2,060/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $716 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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