$3,950,000
 $21,204 est/mo Sourced by Back At You

540 N Pennsylvania Ave,WINTER PARK, FL 32789

WINTER PARK, FL 32789

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Description

MAJOR PRICE IMPROVEMENT-NOW OFFERED BELOW $4 MILLION! Rare Winter Park redevelopment opportunity on a nearly half-acre corner parcel just minutes from Park Avenue. Newly priced at $3,950,000, this R-3 (Medium-Density Residential) property offers outstanding redevelopment potential, including capacity for up to seven residential units. Ideally positioned between Park Avenue and Winter Park Village, the property offers convenient access to renowned dining and shopping, Rollins College, cultural attractions, AdventHealth Winter Park, and major transportation corridors. Three existing residences occupy the site and contribute no value to the offering. Properties of this size and zoning, so close to Park Avenue, are exceptionally rare. THIS PROPERTY IS CROSS-LISTED AS RESIDENTIAL WITH THE MLS #O6436046.

Details

MLS #O6431538
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Days On Site65
Listing Provided ByCOLDWELL BANKER REALTY | Mary Heidrich

Features

ZoningR-3
Acreage0.45
Golf CourseYes

Taxes

Property9847

Area Information

StateFL
CountyOrange
CityWINTER PARK
Zip Code32789
Area32789 Winter Park
Community NameWINTER PARK
Listing VS Median (in WINTER PARK)
Price:
$3,950,000
low | high
Med:
$750,000
100% of Average
On site:
65
low | high
Med:
47
100% of Average
Sourced by Back At You

Market Activity 32789

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 11, 2026 at 4:04:24 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyOrange
CityWINTER PARK
Zip Code32789
Area32789 Winter Park
Community NameWINTER PARK
Listing VS Median (in WINTER PARK)
Price:
$3,950,000
low | high
Med:
$750,000
100% of Average
On site:
65
low | high
Med:
47
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.962M - $4.937M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
540 N PENNSYLVANIA AVE Property Photo 1
$3,950,000
540 N Pennsylvania Ave
Winter Park, FL 32789
Listing Updated: September 29, 2026 at 5:14:47 AM PDT