xxx Fairview & Grove AvenueWinter Park, FL 32789MLS Number G5046682

  • Price: $1,350,000
  • 73 Days on Market
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
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xxx Fairview & Grove Avenue Winter Park FL 32789xxx Fairview & Grove Avenue Winter Park FL 32789xxx Fairview & Grove Avenue Winter Park FL 32789xxx Fairview & Grove Avenue Winter Park FL 32789xxx Fairview & Grove Avenue Winter Park FL 32789xxx Fairview & Grove Avenue Winter Park FL 32789
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  • 0.74Acreage
  • 1947Year Built
  • 5,986Square Feet
COMMERCIAL REDEVELOPMENT OR INCOME OPPORTUNITY ON PRIME .75+/- ACRES JUST OFF HWY 17/92 IN WINTER PARK, FL 32789. Located just off the commercial corridor between Fairbanks Ave. & Lee Road, this property is contiguous to the Hill Gray Seven Redevelopment Project of the Ranch Mall & proposed Hotel Project to the North. Also contiguous with R-3 Zoning which would allow higher density for a high-end Townhome or Condo Project. The sale includes three separate Single Family Residence (349 Grove Ave. Winter Park FL 32789, 337 Grove Ave. Winter Park FL 32789, 1310 Fairview Ave. Winter Park FL 32789) which could also be converted into small Professional Offices. The unit at 1310 Fairview Ave. is set-up & was previously operated as a small ACLF/Nursing Home. Looking for cash flow? This could also be perfect for the Investor looking to produce passive income in single family rentals. The location resides in the high net-worth demographics of Winter Park 32789. Corner & Mid-block parcels, existing curb cuts & full utilities already at the site. Entitlements for redevelopment are fully achievable. Trade area includes: REI, Ruth's Chris, Starbucks, Whole Foods, P.F. Chang's, Publix, Trader Joe's, Walgreens, Chipotle, Olive Garden, Wawa. Please do not disturb existing tenants. PRICED TO SELL! EXACT SAME SIZE COMPARABLE SALE CLOSED NEXT DOOR TO THE SUBJECT PROPERTY IN MARCH OF 2020 FOR $1,810,000.00. SEE ATTACHED OFFERING MEMORANDUM, OR CALL TO HAVE ONE EMAILED!
Listing Courtesy of ROCK SPRINGS REALTY,LLC

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More Info

Location Information

  • Road FrontageCity Street

Parking

  • Parking Features Parking Spaces - 6 to 12

Location

  • Addressxxx Fairview & Grove Avenue
  • AreaWinter Park
  • Building Numberxxx
  • CountyOrange
  • Directions From 17/92 (orlando ave.) and fairbanks, head north on 17/92 for 1/4 mile and turn left onto fairview ave. Follow down and property will be on your left and the first two properties on the right side of grove ave.
  • StateFL
  • StreetFairview & Grove
  • SubdivisionKillarney Estates
  • TownWinter Park
  • Township 22
  • Zip32789

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Other

  • Date Listed09/20/2021
  • Gross Scheduled Income $60,000
  • MFR Annual Income Type Projected
  • MFR Condo Environment YN No
  • MFR Flood Zone Code x
  • Vegetation Mature Landscaping, Oak Trees, Trees/Landscaped
  • View Count4

Basic Information

  • List Price$1,350,000
  • MLS NumberG5046682
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • MFR Ceiling Height 8 to 9 Feet
  • MFR Ceiling Type Drywall
  • MFR Freezer Space YN No
  • RoofShingle
  • Stories1
  • Year Built1947

Property Information

  • Acreage0.74
  • Construction Materials Block
  • Lot DescriptionCentral Business District, Corner Lot, City Limits, Paved
  • Lot Size Square Feet 32,263
  • MFR Adjoining Property Commercial, Professional Office
  • MFR Converted Residence YN Yes
  • MFR Total Acreage 1/2 to less than 1
  • Number Of Lots 3
  • Square Feet5,986

Tax Information

  • Tax Year 2020
  • Taxes$5,036

Basic Information

  • Property SubTypeOffice

Property

  • Living Area 4918
  • ZoningR-1A

Interior

  • Flooring Carpet, Ceramic Tile, Vinyl

Utilities

  • Cooling Central Air
  • Electric 150 Amp Service, 200+ Amp Service
  • Heating Central
  • Sewer Septic Tank
  • Utilities BB/HS Internet Capable, Electricity Available, Phone Available, Public, Sewer Nearby
  • Water Source Public

Amenities

  • Other AmenitiesGarden
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
9145 Narcoossee Road
Orlando, FL 32827

Based on information submitted to MFRMLS as of December 2, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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