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About this home
3316 W 5th St is a 1959-built home in Smiths M M, Sanford. Inside you'll find 3 bedrooms, 1 bathrooms, and 1,360 square feet of living space. Listed at $410,000 (about $301/sqft), 114 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
Virtually Staged. 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! 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.
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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
$410,000
$301 per sq ft
Beds and baths
3 beds, 1 baths
Size
1,360 sq ft
Time on market
114 days
Year built
1959
Monthly payment
About $2,382/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $472 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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