Renovated Office Building
3316 W 5TH Street Sanford, FL 32771
For Sale
$425,000
COMMERCIAL - SANFORD, FL
Property Size1,360 SF
Lot Size0.19 Acres
Price / SF$312.50
Days on Market47
Property Features for 3316 W 5TH Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- A-1
- Standard status
- Active
- APN
- 26-19-30-5AE-310C-0000
- Size
- 1,360 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- E 109 FT OF W 221 FT OF S 76 FT OF BLK 31 M M SMITHS SUBD PB 1 PG 55
- Tax Annual Amount
- 472
Utilities
- Utilities
- Electricity Available
- Sewer type
- Septic Tank
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Block
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Martina Paradysz · License #3567402
(386) 801-8858
Added: Jun 10
Changed: Jul 25
Last Checked: Jul 26 at 6:06PM
MLS# V4949596
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 3316 W 5th Street in Sanford, Florida, this for-sale commercial property includes a double commercial lot with a structure that has undergone extensive renovations and is currently in progress. The existing improvements are positioned as a flexible base that can be finished and customized for a professional office, medical suite, law office, or other commercial uses.
The property provides immediate access to SR 46 and quick connectivity to Interstate 4, with minutes to the Historic Downtown Sanford corridor. The surrounding area includes established retail, dining, and professional services.
Zoned A-1, this asset is being offered as an opportunity to complete the renovation to your specifications or adapt the space to an end-user’s needs. Virtually staged photos are available to illustrate potential presentation after renovation.
The property provides immediate access to SR 46 and quick connectivity to Interstate 4, with minutes to the Historic Downtown Sanford corridor. The surrounding area includes established retail, dining, and professional services.
Zoned A-1, this asset is being offered as an opportunity to complete the renovation to your specifications or adapt the space to an end-user’s needs. Virtually staged photos are available to illustrate potential presentation after renovation.
Key Highlights
- Located at 3316 W 5th Street in Sanford, FL, with immediate access to SR 46 and quick connectivity to Interstate 4.
- 1959‑built structure with block construction and concrete flooring.
- Cooling includes central air.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.6k | $24.00 |
| − Vacancy | −$5.5k | −$4.08 |
| EGI | $27.1k | $19.92 |
| − OpEx | −$6.8k | −$4.98 |
| NOI | $20.3k | $14.94 |
1,360 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$290.3K
$254.0K – $338.6K
NOI $20,318 @ 7.0% cap · market cap 4.78%
Second Best
Healthcare Medical
$277.0K
$242.4K – $323.1K
NOI $19,388 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$387.0K
$338.6K – $451.5K
NOI $27,091 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Zoned A-1 double lot with a renovated structure in progress, positioned for office and medical conversion.
Where is this office building located?
The property is located at 3316 W 5TH Street Sanford, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Located at 3316 W 5th Street in Sanford, FL, with immediate access to SR 46 and quick connectivity to Interstate 4.; 1959‑built structure with block construction and concrete flooring.; Cooling includes central air.
