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721 FOSTER AVENUE

Multi-family For Sale
$699,000

BTC: 8.79245283

ETH: 296.72582788

5 days
7 bds
2,245 sqft

Overview

ATTENTION INVESTORS! RARE INCOME-PRODUCING TRIPLEX IN THE HEART OF WINTER GARDEN! Discover an exceptional investment opportunity at 721 Foster Avenue, ideally located just minutes from Historic Downtown Winter Garden and the highly desirable Plant Street district, known for its charming boutiques, popular restaurants, entertainment, and vibrant community atmosphere. Situated on an oversized lot, this partially occupied triplex features three renovated units, each with its own private laundry room, offering added convenience and appeal for tenants. With established tenants already in place, this property provides an opportunity for immediate rental income. Each unit is separately metered for electricity, and the property is connected to city water and sewer. Tenants are responsible for their own utilities and lawn maintenance, helping minimize operating expenses and simplify property management. The spacious lot offers additional possibilities for future improvements or potential expansion, including a garage apartment or in-law suite, subject to zoning, permitting, and applicable building requirements. Whether you're expanding an established real estate portfolio or seeking a multifamily investment in one of Central Florida's most desirable and growing communities, this property offers an attractive combination of location, existing rental income, tenant-friendly amenities, and long-term investment potential. Don't miss this opportunity to own a rare triplex near the heart of Historic Downtown Winter Garden!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1960
Lot:
0.42 Acres
Heating:
Central
Price/sqft:
$311
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$7,549
2025
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 7

  • Property

    • Levels: One

    • Exterior Features: Private Mailbox / Private Yard

    Lot

    • Lot: 0.42 Acres

    Other Property Information

    • Parcel Number: 222227108402280

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $7,550

  • Source details

    • MLS ID: O6451848

    Other facts

    • Construction Materials: Block

    • Foundation Details: Other

    • Laundry Features: Laundry Closet / Laundry Room

    • Lot Features: Oversized Lot

    • Living Area: 2245

    • Water Source: Public

    • Subdivision Name: BURCHSHIRE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY