208 3rd Street, Winter Garden, FL 34787

$435,000
1,306
SqFt

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List Price
$435,000
Status
Active
Days on Market
1
MLS#
O6435218
Property Style
Duplex
Year Built
1925
Living Area
1,306
Price per sq. ft.
333.08
Lot Size
9,432
Acres
0.22
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Twin City Dev Co Sub
MLS Area Major
Winter Garden/Oakland

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

Taxes
$2607
Community Features
No Deed Restriction
Zoning
R-2
Interior Features
Split Bedroom
Utilities
Electricity Connected, Water Connected
Heating
Other
Air Conditioning
Central Air
Fireplace
Yes
Fireplace Description
Wood Burning
Exterior Construction
Vinyl Siding
Exterior Features
None
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Elementary School
Dillard Street Elem
Middle School
Lakeview Middle
High School
West Orange High
Flood Zone Code
X
Parcel ID
23-22-27-8816-13-110
Legal Description
TWIN CITY DEVELOPMENT CO SUB E/26 LOT 11& LOT 12 (LESS S 25 FT) BLK 13

Listing courtesy of COMPASS FLORIDA LLC. 407-203-9441

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