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$3,150,000

15 Days Online

875 Miles Avenue #4
Winter Park, FL 32789

For Sale|Multi-Family|Pending
Subdivision:
Minnesota Condos
County:
Orange

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

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875 Miles Avenue875 Miles Avenue875 Miles Avenue875 Miles Avenue
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Monthly Payment (Est.)

$14,372

Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Under contract-accepting backup offers. 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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Listing Snapshot
Price 
$3,150,000
Days Online 
15 Days
Bedrooms 
18
Inside Area (SqFt) 
1,852 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5 Acres
Year Built 
2005
MLS® Number 
O6201347
Status 
Pending
Property Tax 
$4,757
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week ago Listing updated with changes from the MLS®
a week ago Status changed to Pending
2 weeks ago Listing first seen online
General Features
Construction 
BlockConcreteStucco
Sewer 
Public Sewer
Acreage 
0.5
Water 
Public
Property Sub Type 
Multi Family
Garage Spaces 
12
Attached Garage 
Yes
Foundation 
Slab
Zoning 
R-3
Ownership 
Condominium
Parcel Number 
12-22-29-5678-00-040
Interior Features
Cooling 
Central Air
Heating 
Central
Interior 
Ceiling Fans(s)Crown MoldingPrimaryBedroom UpstairsStone CountersWalk-In Closet(s)Window Treatments
Laundry Features 
Laundry Closet
Fireplace 
No
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Exterior Features
Roof 
Tile
Waterfront Property 
No
Exterior 
BalconyFence
Community Features
Township 
22
Senior Community 
No
MLS Area 
32789 – Winter Park

Listing courtesy of HPL REALTY INVESTMENTS 321-945-2367

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.

Data last updated at: 2024-05-16 05:35 PM EDT

Neighborhood & Commute
Source: Walkscore
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