For sale· 38 days on market
540 PENNSYLVANIA Avenue
Winter Park, FL, 32789·MLS# O6431538
$3,950,000
Estimated $25,868/mo estimated
- 0.45 ac
- Lot size
- Land
About this home
MAJOR PRICE IMPROVEMENT—NOW OFFERED BELOW $4 MILLION! Rare Winter Park redevelopment opportunity on a nearly half-acre corner parcel just minutes from Park Avenue. Newly priced at $3,950,000, this R-3 (Medium-Density Residential) property offers outstanding redevelopment potential, including capacity for up to seven residential units. Ideally positioned between Park Avenue and Winter Park Village, the property offers convenient access to renowned dining and shopping, Rollins College, cultural attractions, AdventHealth Winter Park, and major transportation corridors. Three existing residences occupy the site and contribute no value to the offering. Properties of this size and zoning, so close to Park Avenue, are exceptionally rare. THIS PROPERTY IS CROSS-LISTED AS RESIDENTIAL WITH THE MLS #O6436046.
Facts & features
Property
- Type
- Land
- Lot size
- 0.45 acres
Financial
- Annual taxes
- $9,847.83
Estimate your monthly payment
$25,868/ month estimated
- Principal & interest$20,601
- Property tax$3,621
- Insurance$1,646
Illustrative estimate — not a lending offer.
Open houses
Sunday, 6:00 PM – 8:00 PM
Hosted by reThought Real Estate
Location
Winter Park, FL
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Courtesy of COLDWELL BANKER REALTY
reThought Real Estate
My local team · (407) 974-5509
$3,950,000