540 N Pennsylvania Avenue, Winter Park, FL 32789

$4,600,000

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List Price
$4,600,000
Status
Active
Days on Market
0
MLS#
O6431538
Lot Size
19,542
Acres
0.45
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Winter Park
MLS Area Major
Winter Park

Property Description

Rare Winter Park redevelopment opportunity on a nearly half-acre corner parcel just minutes from Park Avenue. Zoned R-3 (Medium-Density Residential), this parcel offers outstanding residential redevelopment potential, including up to seven residential units (buyer to verify all zoning, density, development standards, and intended use with the City of Winter Park). Ideally situated between Park Avenue and Winter Park Village, the property enjoys convenient access to renowned dining, 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. Opportunities of this size and zoning in such close proximity to Park Avenue are exceptionally uncommon.

Additional Information

Taxes
$9847
Location
Buildable, Corner Lot, Fire Hydrant, City Limits, Level, Near Golf Course, Near Public Transit, Railroad, Room For Pool, Sidewalk, Street Lights, Paved, Suburb, Urban
Community Features
Street Lights, No Deed Restriction
Zoning
R-3
Utilities
Cable Available, Cable Connected, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Propane, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
Pool
No Pool
Fences
Stone
Flood Zone Code
X
Parcel ID
05-22-30-9400-11-120
Legal Description
TOWN OF WINTER PARK A/67 & B/86 & MISC BOOK 3/220 LOT 12 BLK 11 & N1/2 OF VAC ALLEY ON S BLK 11

Listing courtesy of COLDWELL BANKER REALTY. 407-647-1211

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