$749,000
Pending

1101 S PENNSYLVANIA AVENUE

Winter Park, FL 32789
Browse 14 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Investors and developers, here's your next opportunity! The VALUE is truly IN THE LAND with this prime 50’ x 141’ lot already surrounded by luxury townhomes, lakefront mansions, and located on a tree lined, brick street close to Winter Park's famed Park Ave. Build a spacious single-family home or maximize your ROI by constructing 2 townhouse/duplex style abodes; each side could boast over 2,000+ sq ft of interior living space plus each having a one-car garage. With Fee Simple ownership, you could generate significant returns by capitalizing on this highly desirable lot with a two-unit building. Situated just a short 5 minute walk to beautiful Lk Virginia, and a 10 minute walk to Rollins College, Park Avenue, and downtown Winter Park, this area is known for its wonderful restaurants, boutique shopping, charming train station, and Central Park, which hosts concerts, art festivals, and movies. The property currently features a rental duplex (both units are 2 bed, 1 bath), with one unit leased through May 2025 and the other is vacant. Please do not disturb the tenants. Contact us today to explore the full potential of this buildable site! VALUE is in the LAND.

  • Property Details
      • Lot DescriptionBuildable, Curb and Gutters, Interior Lot, Sidewalk, Street Brick
    • Measurements
      • Acres0.16
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Sewer Available, Street Lights, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionCHEROKEE PARK
    • Location
      • Middle SchoolAudubon Park K-8
      • High SchoolWinter Park High
      • Elementary SchoolAudubon Park K8
      • CountyOrange
  • Financial Details
      • Original List Price$749,000
      • Taxes Annual$7,327
      • Days on Market (Cumulative)21
  • Restrictions
      • Pets AllowedYes
  • Other
      • MLS #O6238951

Location

Lakeland Florida Real EstateLakeland Florida Real Estate
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00