Homes In Orlando For Sale Search
$329,000
3 Beds 2 Baths Phillips Terrace SubDv. 32771 Zip Code
Discover a rare turnkey opportunity in the heart of Sanford! This impeccably maintained 3-bedroom, 2-bathroom residence offers the perfect blend of mid-century charm and modern convenience. Situated on a sprawling quarter-acre lot with no HOA, this property is a standout for investors seeking a secure asset or future homeowners looking for a meticulously updated second home. A tenant is currently in place until February 2027, making this an ideal immediate income-producer. Step inside to find a seamless flow with beautiful wood floors and absolutely no carpet throughout. The kitchen is a chef’s delight, featuring sleek granite countertops, a large deep-basin sink, and a high-end appliance package including a new stove, a brand-new 2026 refrigerator, and a new microwave. The master bedroom is conveniently located on the first floor and features a spacious walk-in closet. The home offers total peace of mind with extensive infrastructure updates, including a new roof in 2020, new windows in 2023, a new A/C in 2019, a new water heater in 2020, and an updated electrical panel from 2018. The home is connected to city sewer with no septic to worry about. Outside, the property has been upgraded with underground exterior wiring, ensuring no unsightly overhead lines. The backyard is an entertainer's paradise and a gardener’s dream, featuring a massive, fully fenced yard and a lush edible landscape with mature lemon, key lime, tamarind, and ginger plants. Dive into the enclosed and screened-in pool, newly installed in 2020. Two detached sheds provide ample space, including one true workshop fully equipped with power, A/C, and lighting—perfect for a hobby room or climate-controlled storage. This property truly has it all, from modern mechanicals to a private tropical oasis.

2427 Princeton Avenue, Sanford

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Seminole CountySanfordPhillips Terrace

Phillips Terrace, Sanford

Phillips Terrace is a 1950s neighborhood in south Sanford, in the 32771 zip code. Homes are block, predominantly single story. Most homes fall between about 900 and 1,800 square feet under air, and the median lot is roughly a quarter acre.

Most of Phillips Terrace carries no mandatory HOA.

What the homes are

  • Built Essentially all built in the 1950s.
  • Construction Block. Shingle roofs are near universal.
  • Style Ranch, Traditional, Bungalow. Predominantly single story.
  • Size Most homes fall between about 900 and 1,800 square feet under air.
  • Bedrooms Three bedrooms is the most common plan, then two.
  • Lot The median lot is roughly a quarter acre.
  • HOA Most of the neighborhood carries no mandatory HOA. Confirm on a specific parcel before relying on it.

Where Phillips Terrace is

Phillips Terrace, centered at 28.789179, -81.260311. 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 Phillips Terrace, not straight-line distance, in free-flowing traffic. Treat them as the floor rather than the school-run average.

Driving toTimeMiles
Downtown Orlando32 min27.1
Orlando International Airport35 min33.0
Winter Park32 min20.3
Heathrow and Lake Mary offices22 min8.3

Public schools nearby

  • Pinecrest Elementary School 6 min, 1.5 mi
  • Midway Elementary School 5 min, 1.9 mi
  • Hamilton Elementary School 7 min, 2.0 mi
  • Goldsboro Elementary School 7 min, 2.1 mi

Private schools nearby

  • Liberty Christian School 4 min, 0.9 mi
  • Riverwalk Christian Academy 5 min, 1.4 mi
  • All Souls Catholic School Middle School Campus 7 min, 2.0 mi
  • Top Kids Christian Academy Private School 6 min, 2.0 mi

Parks and recreation

  • Sanford Storm Water Park 3 min, 0.7 mi
  • Speer Grove Park 4 min, 1.2 mi
  • Sanford Park 4 min, 1.1 mi
  • Woodmere Park 5 min, 1.2 mi

Groceries and errands

  • Fuxion Orlando 3 min, 0.5 mi
  • Baggs Produce 2 min, 0.4 mi
  • Gandhi Market 3 min, 0.5 mi
  • Key food S French Ave 4 min, 1.0 mi

Nearest is not the same as zoned. The schools above are the closest ones to Phillips 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 Phillips Terrace actually sold for over the last twelve months, how long they took, and what moved the price. It is built from 2 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 Phillips Terrace

$398,500Median sale price
$240Median per square foot
62 daysMedian days to contract
2Homes sold in 12 months

Sale prices ran from $379,500 to $417,500, 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 101.3% of asking5 days
Reduced at least once 1 sales, closed at 97.7% of the reduced price118 days

Sellers who priced correctly and held their number went under contract in a median 5 days. Sellers who had to reduce took 118 days and still closed at 97.7% of their already reduced price, after a typical cut of $235,000. Opening high costs time and money, in that order.

Seller concessions

100%Of sales included a seller credit
$1,500Typical credit when there was one
2 of 2Sales 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

Conventional 2 sales100%

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 Phillips 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 Phillips 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.