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Overview

3 bd1 ba1,360 sqftSingle Family
TypeSingle Family
HOANone listed
Built1959
Lot8,285 sqft
Living area1,360 sqft
Price / sqft$301

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Cathedral Ceiling(s)High CeilingsOpen FloorplanPrimary Bedroom Main FloorConvection OvenDishwasherElectric Water HeaterRefrigerator

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.

From the listing

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

The essentials

Built
1959
Price / sqft
$301
On market
114 days
Annual tax
$472
Flood zone
X · Low risk
Lot
8,285 sqft
Type
Single Family Residence

At a glance

Single family
Built 1959
8,285 sqft lot
Lot size
1,360 sqft
Living area

Payment

Est. monthly payment
$2,382/mo
Down payment (20%)
$82,000
Property taxes
$39/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1959
Lot
8,285 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
114
Cathedral Ceiling(s)
High Ceilings
Open Floorplan
Primary Bedroom Main Floor
Convection Oven
Dishwasher
Electric Water Heater
Refrigerator
Elementary
Bentley Elementary
Middle
Markham Woods Middle
High
Seminole High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone x
Annual Tax (2025)
$472
Parcel #
26-19-30-5AE-310C-0000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Smiths M M
County
Seminole
MLS Area
32771 - Sanford/Lake Forest
Lot Size
8,285 sqft

Price history

Date
Event
Price
9/14/2026
Price change
Source: Stellar MLS #V4949834
$410,000-3.5%
$301/sqft
6/24/2026
Listed for sale
Source: Stellar MLS #V4949834
$425,000
$313/sqft

Neighborhood

3316 W 5th St
Sanford, FL, 32771 · 32771 - Sanford/Lake Forest

Market insights

Offer Insights

Choose an offer strength

List price: $410,000
$407,500 – $410,000
99.5% – 100% of listTops out right at the list price
80% of listList price
161 of the last 296 home closings in 32771 landed at this number or higher (54%). The median one sat 37 days before it went under contract, and this one is on day 114 after a $15,000 cut.

Sample: 296 closed home sales in 32771 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,383/mo
Principal & interest$2,138
Property taxes$39
Insurance$205
Down payment20% · $82,000
Interest rate6.80%
Loan term

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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.

Offer

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Brokered byLPT REALTY, LLCListing agent: Martina ParadyszListing data from Stellar MLS, MLS# V4949834.

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