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125 S INTERLACHEN AVENUE

WINTER PARK, FL, 32789

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$1,725,000 1 Bedrooms 1 Baths 7,968 sqft

For Sale or Development opportunity — Trophy location in the heart of Winter Park. One block from the Park Avenue’s upscale shops and fine dining restaurants. A short walk to Rollins College, Central Park, the Farmer’s Market, Charles Hosmer Morse Museum, the Winter Park Golf Course and much more. The existing property is a two story, five unit condo building at 100% occupancy. The five existing units were completely renovated in 2008/2009. Make the choice to pursue cosmetic improvements to posh appointments and enjoy premium rents and with great upside potential. A new owner will take full advantage of rising market rental rates. Units vary in size and layout. The City has approved this Multifamily (High Density R-4) District site for development of a new luxury condominium project spanning four stories, six units and totaling 23,500 square feet. There is no other multi-family development site this close to Park Avenue available. Additional information available upon request. To schedule a personal viewing appointment, proof of funds or pre-approval letter will be necessary.

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Details
  • Type: Multi-Family
  • Status: Sold
  • Days On Market: 228
  • Square Feet: 7,968 sqft.
  • Pool:
  • Fireplaces:
  • Garage Spaces:
  • Water View:
  • Year Built: 1978
  • Lot Size: 0.35 acres
  • Annual Property Tax: $2,606
  • Price/Sqft: $216
Schools
  • Elementary Brookshire Elem
  • Middle School Maitland Middle
  • High School Winter Park High

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