875 MILES AVENUE UNIT 4 WINTER PARK FL 32789 MLS #O6201347 | Gary Kusher | Florida Real Estate

875 MILES AVENUE UNIT 4
WINTER PARK, FL, 32789
$3,150,000
18 Beds
18 Baths
1,852 SqFt
0.5 Acres
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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!

Property Details

Price:
$3,150,000
MLS #:
O6201347
Status:
Active
Beds:
18
Baths:
18
Address:
875 MILES AVENUE UNIT 4
Type:
Multi Family
Subdivision:
MINNESOTA CONDOS
City:
WINTER PARK
Listed Date:
May 2, 2024
State:
FL
Finished Sq Ft:
1,852
ZIP:
32789
Lot Size:
2,701 sqft / 0.50 acres (approx)
Year Built:
2005
Units:
6
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Interior

Cooling
Central Air
Heating
Central
Laundry Features
Laundry Closet

Exterior

Construction Materials
Block, Concrete, Stucco
Exterior Features
Balcony, Fenced
Roof
Cement, Tile

Financial

Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$4,757

Map

Community

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875 MILES AVENUE UNIT 4
WINTER PARK, FL