Palm Terrace is a neighborhood in south Sanford, in the 32773 zip code, built mostly in the 1950s. Homes are block and wood frame, predominantly single story. Most homes fall between about 900 and 1,600 square feet under air, and the median lot is roughly a fifth of an acre.
Most of Palm Terrace carries no mandatory HOA.
What the homes are
Built Mostly built in the 1950s, with homes from 1925 to 2020.
Construction Block and wood frame. Shingle roofs are near universal.
Size Most homes fall between about 900 and 1,600 square feet under air.
Bedrooms Three bedrooms is the most common plan, then two.
Lot The median lot is roughly a fifth of an acre.
HOA Most of the neighborhood carries no mandatory HOA. Confirm on a specific parcel before relying on it.
Where Palm Terrace is
Palm Terrace, centered at 28.785263, -81.260931. Drag to explore.Street level, inside the neighborhood. Drag to look around.
Drive times below are measured on the road network from the center of Palm Terrace, not straight-line distance, in free-flowing traffic. Treat them as the floor rather than the school-run average.
Driving to
Time
Miles
Downtown Orlando
31 min
26.9
Orlando International Airport
34 min
32.7
Winter Park
30 min
20.0
Heathrow and Lake Mary offices
20 min
11.0
Public schools nearby
Pinecrest Elementary School 4 min, 1.2 mi
Midway Elementary School 4 min, 1.7 mi
Seminole High School 7 min, 2.1 mi
Hamilton Elementary School 5 min, 1.8 mi
Private schools nearby
Liberty Christian School 2 min, 0.6 mi
Riverwalk Christian Academy 5 min, 1.4 mi
Top Kids Christian Academy Private School 6 min, 2.0 mi
All Souls Catholic School Middle School Campus 7 min, 2.0 mi
Nearest is not the same as zoned. The schools above are the closest ones to Palm Terrace by distance. School attendance zones are set by the district, change from year to year, and can differ street to street inside one neighborhood. Confirm the assignment for a specific address with Seminole County Public Schools before it matters to a decision.
Places and drive times from Google, checked 18 September 2026. Businesses open and close; if something here has changed, tell me and I will correct it.
This page tracks what homes in Palm Terrace actually sold for over the last twelve months, how long they took, and what moved the price. It is built from 3 verified closed sales in the Stellar MLS feed, not from public estimates. Every figure is a net-of-concessions number, which is explained at the bottom. Updated September 2026.
Read this one loosely. Fewer than eight homes closed here in the last year, so every median on this page rests on a small sample and can swing on a single sale.
What homes sold for in Palm Terrace
$254,740Median sale price
$158Median per square foot
92 daysMedian days to contract
3Homes sold in 12 months
Sale prices ran from $150,000 to $450,000, which is a wide spread and the reason a single neighborhood median is a starting point rather than an answer.
Homes priced right sold far faster
Median days to go under contract. Shorter is better.
Never reduced 1 sales, closed at 100% of asking1 day
Reduced at least once 2 sales, closed at 99.9% of the reduced price93 days
Sellers who priced correctly and held their number went under contract in a median 1 day. Sellers who had to reduce took 93 days and still closed at 99.9% of their already reduced price, after a typical cut of $22,050. Opening high costs time and money, in that order.
Seller concessions
33%Of sales included a seller credit
$16,260Typical credit when there was one
1 of 3Sales carrying a credit
A seller credit covers part of the buyer's closing costs and comes off the seller's proceeds, so the headline sale price overstates what the seller kept. Budget for it if you are selling, and ask for it if you are buying.
How buyers paid
FHA 2 sales67%
Conventional 1 sales33%
Cash was 0% of purchases. A high cash share means a seller has buyers who do not depend on an appraisal, and a buyer using a loan is competing against offers that can close faster.
Questions about a specific home in Palm Terrace, or want to know what yours would sell for? Call or text Brenden Rendo at 407-616-9019 or send a message.
About this data. Source is the Stellar MLS feed for Palm Terrace in Sanford, Seminole County, covering closed sales from 23 September 2025 through 18 September 2026, refreshed monthly and current as of September 2026. Prices are net of seller concessions, so they reflect what the seller actually received rather than the headline number. Data believed accurate but not guaranteed; listings and closings change daily.
