Multifamily Development Land
For Sale
Contact for pricing
5642 West State Road 46, Sanford, FL 32771
Planned Development zoned site approved for 55+ residential units, with allowance for ALF and memory care.
Property SizeContact for details
Days on Market134
Property Features for 5642 West State Road 46
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Eshenbaugh Land Company
(407) 872-0209
Listed By:
Austin McWilliams · License #FL SL3451047
Source:
Crexi
Added: Mar 30
Changed: Aug 8
Last Checked: Jul 21 at 3:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eshenbaugh Land Company
Investment Insights
Based on property information with market context.
This 7.67± acre multifamily development site is presented for sale in Sanford, Florida. The property includes a Planned Development entitlement for 130 units, for a 55+ residential project, and the approval also allows for assisted living facility and memory care components. An existing approved site plan supports the intended Seniors-focused community layout on a sizable, contiguous parcel.
The site is located just northeast of W SR-46 and Orange Blvd, with quick access to SR 417 (Greenway), SR 429 (Wekiva Pkwy), and US Hwy 17-92 for connectivity to major commuter and commercial corridors in Seminole County and the broader Orlando MSA.
Zoning and land use are listed as Planned Development under the FLU category, with PD for 130 55+ units; the documentation provided also notes zoning can be changed to Commercial to match FLU. The property’s parcel is identified as 30-19-30-300-0200-0000.
The site is located just northeast of W SR-46 and Orange Blvd, with quick access to SR 417 (Greenway), SR 429 (Wekiva Pkwy), and US Hwy 17-92 for connectivity to major commuter and commercial corridors in Seminole County and the broader Orlando MSA.
Zoning and land use are listed as Planned Development under the FLU category, with PD for 130 55+ units; the documentation provided also notes zoning can be changed to Commercial to match FLU. The property’s parcel is identified as 30-19-30-300-0200-0000.
Key Highlights
- 7.67± acre multifamily development site at 5642 W SR 46 in Sanford, FL (Seminole County)
- Planned Development (PD) approved site plan for 130, with PD for 55+ residential units
- Allows 55+ apartments and includes allowances for ALF (assisted living facility) and memory care
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Explore this area
Business Placement
Demographics for 32771, FL
57,178
Population
24,062
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
37.5 sq mi
ZIP Area
1,525
Density / Sq Mi
$74,520
Median Household Income
$43,321
Median Earnings
$1,584
Median Rent
$332,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Planned Development zoned site approved for 55+ residential units, with allowance for ALF and memory care.
Where is this residential land & home lot located?
The property is located at 5642 West State Road 46 Sanford, FL.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 7.67± acre multifamily development site at 5642 W SR 46 in Sanford, FL (Seminole County); Planned Development (PD) approved site plan for 130, with PD for 55+ residential units; Allows 55+ apartments and includes allowances for ALF (assisted living facility) and memory care
