875 Miles AVENUE #4 Winter Park, FL $ 3,150,000
875 Miles AVENUE #4
$ 3,150,000
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875 Miles AVENUE #4

Winter Park, FL, 32789
$ 3,150,000
Bedrooms18 Baths18.0 Sq 1,852

Monthly Estimate*

$ 18,866

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Multi-Family Home for sale in Winter Park, FL

for $3,150,000 with 18 bedrooms and 18 full baths. This 1,852 square foot home was built in 2005 on a lot size of 0.5.

Welcome to your income-producing oasis in the heart of Winter Park! These exclusive townhomes complex boasts six units, providing a rare opportunity for full control with no HOA fees. Each unit offers three bedrooms and two and a half bathrooms, fully upgraded to meet the highest standards of modern living, In addition 2 car garage , large upper patio and a fenced backyard. Recent renovations include a brand-new roof, redone in March 2021, ensuring durability and peace of mind for years to come. Select units feature new HVAC systems and water heaters, adding to the appeal of this investment opportunity. Strategically positioned, this property is a mere 5-15 minutes away from Downtown Orlando, the Mills District, and Downtown Winter Park, offering unparalleled convenience and access to the vibrant pulse of the city. Despite its prime location, all leases are currently under market value, presenting a promising chance to maximize returns. Currently fully occupied, these units offer below-market rents, making them an attractive proposition for investors seeking immediate cash flow. The updated interiors ensure tenant satisfaction and minimal maintenance, allowing you to build your portfolio effortlessly. Situated in the bustling Winter Park area, this property is surrounded by a myriad of shopping, dining, and entertainment options, catering to the diverse needs of tenants. Additionally, its close proximity to Rollins College adds to its appeal, attracting a steady stream of potential renters seeking convenience and quality living. Don't miss out on this exceptional opportunity to own six income-producing properties in one of Winter Park's most sought-after locations. Seize the chance to secure your financial future with this lucrative investment. Schedule a viewing today and experience the essence of effortless property ownership!

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Multi-Family Pending

Price

$ 3,150,000

Bedrooms

18

Full Bath

18

Property Type

Multi-Family

Taxes

$ 4,757

Style

Multi Family

Lot Size

0.5

Year Built

2005

Town/City

Winter Park

County/Region

Orange

MLS | Web ID

O6201347

Features
General
Interior Features ceiling fan(s) crown molding primarybedroom upstairs stone counters walk-in closet(s) window treatments
Sewer public sewer
Heating central
Cooling central air
Utilities public
Roof cement tile
Exterior Features balcony fenced
Zoning r-3
Garage Spaces 12
Construction Materials block concrete stucco
Year Built 2005
Unit Number 4
Property SubType multi family
Tax Year 2023
Percent Ownership condominium
Gross Income 197400
County orange
New Construction no
Property Type residential income
Home Owner Assoc Y
Attached Garage yes
Subdivision Name minnesota condos
Garage Y/N yes
Status pending
Directions from the i-4 eastbound take the fairbanks exit and turn right. then make another right onto orlando ave followed by a left onto minnesota ave. you'll find the townhomes on your left consisting of thr
City winter park
View Y/N no
Senior Community Y/N no
NumberOfUnitsTotal 6
MLS Area 32789 - winter park
Lot Size Units square feet
Lot Size Square Feet 2701
Waterfront Y/N no
Carport Y/N no
Land Lease Y/N no
Tax Annual Amount 4757.29
Ok to Lease 12 months
Additional Parcels Y/N no
Virtual Tour https://www.propertypanorama.com/instaview/stellar/o6201347
Days on Market 36
Building Area Units square feet
Living Area Units square feet
Standard Status pending
Tax Lot 40
Total Actual Rent 16450
Legal Description minnesota condominiums 7985/1590 unit 4
Water Access Y/N no
Water View Y/N no
Flood Zone Code x
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Exterior
Water Source public
Lot Size Area 2701
Foundation Details slab
Number of Buildings 3
Lot Size Acres 0.5
Road Surface Type asphalt
Covered Spaces 12
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Interior
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Laundry Features laundry closet
Total Bedrooms 18
Total Baths 18
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* Excluded Features
List By
Hpl Realty Investments

Broker

Moshe@HPLrealtyInvestments.com

Email

Affordability Calculator

$19,262
Per Month
98%
2%
0%
Monthly Principal & Interest
$18,866
Monthly Property Taxes
$396
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$3,150,000 Listed Price

Map


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875 Miles AVENUE #4, Winter Park, FL, 32789 is a Multi-Family Home for sale at $3,150,000 with 1,852 sqft and a lot size of 0.5. 875 Miles AVENUE #4 has 18 bedrooms, 18.0 baths, and was built in 2005. The property's zip code is 32789 which is in Winter Park, FL