NOT LISTED FOR SALE

3845 Sipes Ave Sanford, FL 32773

Sanford Area

Estimated Value: $450,560 - $3,083,000

16.02 Acres
$103,473 Price per Acre
697,831 Sq Ft Lot

Sale Details

Date Sold: November 7, 2025

Last sale price $2,000,000 $2,653 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $9,504 / mo

174 Days on Market

About This Lot

As of November 2025

RESIDENTIAL DEVELOPMENT OPPORTUNITY OF A LIFETIME! Four parcels, spanning OVER 16 ACRES, strategically positioned for explosive growth in the heart of Seminole County!! HIGH AND DRY! NO FLOOD ZONE! BUILDERS! THIS IS YOUR MOMENT! With the potential for up to 45 buildable lots (50' x 120'), this property offers a chance to shape the future of Sanford’s landscape. The sellers have already invested heavily in the groundwork, THOUSANDS SPENT ON REPORTS! Phase I and II Environmental and Endangered Species Reports are ALL CLEAR! A GEO study and wetlands report are complete, ensuring a smooth path forward. The sellers are even open to selling prior to full entitlements at a discount, giving you the flexibility to capitalize sooner. And here’s the game-changer: the 40 acres directly south was just acquired by a national builder! Their development will bring widening of Sipes Ave as well as utilities, including water and sewer lines running directly past this site. This creates a rare cost-saving advantage and accelerates the development timeline for the future owner of this property. Add to that the upcoming SR-417 extension, which will connect directly through the area and offer seamless access to Orlando International Airport, plus nearby planned amenities, a new high school, Publix, Wawa, hotel, and emergency room and the value of this site skyrockets. Located only 0.25 miles from East Lake Mary Blvd and just minutes from Pulte’s new Skylar Crest community, this property is perfectly positioned to ride the wave of Sanford’s explosive growth. Municipal utilities are nearby, delivering even more savings in both time and money. Check it out, TODAY!

Last Agent to Sell the Property

Elliot Shugan

THE SHUGAN GROUP INC Brokerage Phone: 407-755-7588 License #3256356 Listed on: 04/17/2025

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,547

Lot Details

  • 16.02 Acre Lot
  • Lot Dimensions are 330x1281x286x251x681x334x646
  • Property is zoned A-1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-20-31-300-0040-0000

Property Details

Property Type

Land

Est. Annual Taxes

$4,547

Lot Details

16.02 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 16.02
  • Lot Size Sq Ft: 697801
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: E. Pine Street Ste. 1400
  • RATIO Current Price By Calculate: 2.87
  • Total Acreage: 10 to less than 20
  • Water Access YN: 0
  • Attribution Contact: 407-755-7588
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Public, Sewer Nearby, Water Nearby
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: A-1
  • Parcel Number: 16-20-31-300-0040-0000
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 330x1281x286x251x681x334x646
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 4546.85
  • Tax Block: 0
  • Tax Book Number: 1-51

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
Nov 7, 2025
Sold by
Bought by
Seller's Agent
Elliot Shugan
THE SHUGAN GROUP INC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$1,950,000
Sold Price
$2,000,000
Premium/Discount to List
$50,000
2.56%
Views
42
Current Estimated Value
$1,657,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$342,360
Avg. Annual Appreciation
-21.39%

Purchase Details

Closed on
Jun 10, 2022
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1982
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Sanford, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,060,000 None Listed On Document
$215,000 None Listed On Document
$100 --
$100 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Sold $2,000,000 -33.3% $2,653 / Sq Ft
10/08/2025 10/08/25 Pending -- -- --
08/14/2025 08/14/25 Price Changed $3,000,000 +53.8% $3,979 / Sq Ft
08/06/2025 08/06/25 Price Changed $1,950,000 0.0% $2,586 / Sq Ft
08/06/2025 08/06/25 For Sale $1,950,000 -2.5% $2,586 / Sq Ft
05/07/2025 05/07/25 Off Market $2,000,000 -- --
04/17/2025 04/17/25 For Sale $2,000,000 -- $2,653 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,713 $322,211 $281,580 $40,631
2024 $4,547 $321,133 $281,580 $39,553
2023 $4,455 $311,829 $274,360 $37,469
2021 $518 $56,878 $0 $0
2020 $517 $56,093 $0 $0
2019 $516 $54,832 $0 $0
2018 $515 $53,810 $0 $0
2017 $515 $52,703 $0 $0
2016 $524 $51,980 $0 $0
2015 $387 $51,260 $0 $0
2014 $387 $50,853 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: O6301009

Stellar MLS

APN: 16-20-31-300-0040-0000

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