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1101 S PENNSYLVANIA AVE Winter Park, FL 32789
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Key Details
Sold Price $656,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Cherokee Park
MLS Listing ID O6238951
Annual Tax Amount $7,327
Lot Size 6,969 Sqft
Property 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.
Location
State FL
County Orange
Community Cherokee Park
Zoning R-3
Exterior
Fence Fenced, Vinyl
Utilities Available Electricity Available, Sewer Available, Street Lights, Water Available
Building
Lot Description Buildable, Curb and Gutters, Interior Lot, Sidewalk, Street Brick
Sewer Public Sewer
Water Public
Schools
Elementary Schools Audubon Park K8
Middle Schools Audubon Park K-8
High Schools Winter Park High
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE