LucasSatten
BEDS0
BATHS
SQUARE FEET1,306
MLS#O6435218
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTWIN CITY DEV CO
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Other
Lot Size: 0.22 Acres
Roof Type: Shingle
Taxes: $2,607
Year Built: 1925
Amenities
Split Bedroom
None
Feature Descriptions
Additional Rooms: Attic
Annual Net Income: 74100.00
Days on Site: 1
Directions: travel east toward Winter Garden via W Colonial Dr/SR-50. Continue east, turn left onto S Park Ave, then turn right onto W Story Rd and left onto 3rd St. Continue to 208 3rd St; property will be on your right.
Exterior: Vinyl Siding
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.22
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Utilities: Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R-2
Local Schools
High School: West Orange High
Middle School: Lakeview Middle
Elementary School: Dillard Street Elem
Listed By / Shown By
Listed By
Agency Name: COMPASS FLORIDA LLC
Agency Contact: 407-203-9441
Shown By
Agent Name: Lucas Satten
Agent Phone: (954) 501-5976
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 1,312.25 per month $968.12 Principal & Interest $217.25 Property Tax $126.88 Homeowner's InsuranceChange Payment Information
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208 3rd Street | MLS# O6435218
This multi-family property located at 208 3rd Street , Winter Garden, FL 34787 is currently listed for sale with an asking price of $435,000. Search Winter Garden real estate on lsatten.realty100.com today.