Winter Park, FL 32789,875 MILES AVE #4
Winter Park, FL 32789,875 MILES AVE #4
Winter Park, FL 32789,875 MILES AVE #4
32
$2,925,000
$3,150,000
7.1%
Est.Price: ?

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18 BD
18 BA
1,852 SqFt

875 MILES AVE #4 Winter Park, FL 32789

Est. payment /mo
SOLD DATE : 10/25/2024

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Key Details

Sold Price $2,925,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,852 sqft

Price per Sqft $1,579

Subdivision Minnesota Condos

MLS Listing ID O6201347

Sold Date 10/25/24

Bedrooms 18

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 2005

Annual Tax Amount $4,757

Lot Size 0.500 Acres

Acres 0.5

Property Description

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!

Location

State FL

County Orange

Community Minnesota Condos

Zoning R-3

Interior

Interior Features Ceiling Fans(s), Crown Molding, PrimaryBedroom Upstairs, Stone Counters, Walk-In Closet(s), Window Treatments

Heating Central

Cooling Central Air

Fireplace false

Laundry Laundry Closet

Exterior

Exterior Feature Balcony, Fence

Garage Spaces 12.0

Utilities Available Public

Waterfront false

Roof Type Cement,Tile

Attached Garage true

Garage true

Private Pool No

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Construction Status Inspections

Others

Senior Community No

Ownership Condominium

Special Listing Condition None

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Stellar MLS
Listed by HPL REALTY INVESTMENTS
Bought with HPL REALTY INVESTMENTS

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Bent Danholm

Broker | License ID: BK3590420

+1(407) 288-0704

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