$1,725,000 12 Bedrooms 9 Baths 0 Half 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.
Details
- Type: Residential
- 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: $21,562
- Price/Sqft: $216
Schools
- Brookshire Elem Elementary
- Maitland Middle Middle School
- Winter Park High High School