208 3rd Street, Winter Garden, FL 34787

$435,000
1,750
SqFt

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List Price
$435,000
MLS#
O6435218
Status
ACTIVE
Days on Market
23
Year built
1925
Living area
1,750
Area
1750
Region
Winter Garden/Oakland
Subdivision
Twin City Dev Co Sub

Property Description

Most Winter Garden listings sell on charm. This one sells on the rent roll. Eight rooms currently rented — seven at $175 weekly and one at $200 — generating $1,425 per week / $74,100 annualized gross income at current rents. In place, occupied, and income producing. The land adds another layer to the opportunity. Situated on approximately 0.22 acres / 9,500+ SF with a 75' x 125' lot, the fully fenced property offers R-2 zoning, no HOA, city water and city sewer, along with ample yard space and future flexibility. Hold the existing income while exploring the property's longer-term expansion or redevelopment potential, subject to applicable zoning requirements and City approvals. The location carries its own value. Just a few blocks from Historic Downtown Winter Garden, Plant Street, the West Orange Trail, shops, restaurants and the farmers market, with SR-429, Florida's Turnpike and Lake Apopka nearby. The surrounding area continues to evolve with renovated properties and new construction. 0.22 Acres. 9,500+ SF Lot. R-2. Eight Rented Rooms. $1,425/Week Gross. Income in place. Land underneath. Future upside ahead. A rare opportunity to own all three near Downtown Winter Garden—schedule your private showing today.

Additional Information

Acres
0.22
Interior Features
Split Bedroom
Cooling
Central Air
Heating
Other
Exterior Features
None
Construction
Vinyl Siding
Roof
Shingle

Listing courtesy of COMPASS FLORIDA LLC.

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