Placid Lake Townhomes
Homes for Sale in Sanford, FL

A compact 36-unit townhome community in Sanford built out in a single two-year window (2003-2004), Placid Lake trades on unit condition and layout more than on shared amenities, since none are documented in current listings.

Stellar MLS sales records identify 114 homes in Placid Lake Townhomes that have changed hands since 2004, built between 2003 and 2004 (median 2003), with a median living area of about 1,144 sq ft and a typical 2-bedroom, 2.5-bath layout; 98% are townhomes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 8 qualified sales in Placid Lake Townhomes across 2024 - 2025 (6 in 2024, 2 in 2025), median $255,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Placid Lake Townhomes is too small for its own price trend, so here is the market around it.

In ZIP 32773, 189 homes are on the market and 28% are under contract — a steady corner of Sanford.

Across Seminole County, 1,676 homes are active and 570 pending (25% under contract).

In ZIP 32773 (Sanford), 118 homes closed in the last 12 months at a median of $350K ($224/sq ft), down 7.1% year over year, with a median 38 days on market. Right now 16 active and 3 pending listings put supply at about 1.6 months - a healthy market. See the live ZIP 32773 housing market and the Seminole County market.

ZIP and county figures describe the wider market, not Placid Lake Townhomes specifically. Momentum Research analysis of MLS records.

Every home in Placid Lake was built within the same two-year stretch, so there is little variation in construction era or original finish level across the community - differences buyers see unit to unit will mostly come down to how each owner has maintained or updated their unit since. At a median 1,144 square feet, these are compact townhomes, which tends to appeal to buyers prioritizing a lower-maintenance footprint over square footage.

With active inventory at a single listing, this is not a community where a buyer can shop several comparable units side by side at any given moment - timing and responsiveness matter more here than in larger developments with continuous turnover. The homestead share near 58% suggests a workable balance of owner-occupants and non-homestead owners, which is useful context for anyone evaluating rental potential or HOA participation, though it should be confirmed directly with the association rather than assumed from this figure alone.

In a community this small, with only one home active at a time, we track individual unit condition, HOA documents, and homestead status closely rather than leaning on broad market trend data that a 36-home development simply cannot generate on its own.