Address
875 Miles AVENUE #4, WINTER PARK, FL
Price
$ 3,150,000
Property Attributes
- MLS#O6201347
- TypePending
- CountyORANGE
- CityWINTER PARK
- AreaWinter Park
- NeighborhoodMinnesota Condos
- Zip32789
- StyleMulti Family
- Year Built2005
- Taxes$ 4757
- Price$ 3,150,000
- Bedrooms18
- Full Bathrooms18
- Half Bathrooms0
- Sqr Footage1852
- Lot Size0.5 Acres
Data Source:
Stellar MLS
Property Description
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!
| Price History | |
|---|---|
| 5/2/2024 | Listed $3,150,000 |
General Features
| 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 |
| County | Orange |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| 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 |
| Buyer Agent Compensation | 2.5% |
| Senior Community Y/N | No |
| Total Units | 6 |
| MLS Area | 32789 - Winter Park |
| Lot Size Square Feet | 2701 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Miles |
| Tax Annual Amount | 4757.29 |
| Public Remarks | 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 co |
| Ok to Lease | 12 Months |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6201347 |
| Days on Market | 7 |
| Standard Status | Pending |
| Tax Lot | 40 |
| Legal Description | MINNESOTA CONDOMINIUMS 7985/1590 UNIT 4 |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | AVENUE |
| Laundry Features | Laundry Closet |
| Total Bedrooms | 18 |
| LivingAreaSource | Public Records |
| Total Baths | 18 |
| Living Area Units | Square Feet |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 2701 |
| Foundation Details | Slab |
| Number of Buildings | 3 |
| Lot Size Acres | 0.5 |
| Road Surface Type | Asphalt |
| Lot Size Units | Square Feet |
| Covered Spaces | 12 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 32789
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 18, 2024 12:16 PM UTC
