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540 N PENNSYLVANIA AVENUE

House For Sale
$3,950,000

BTC: 47.59036145

ETH: 1,624.17763158

34 days
4 bds
2 ba
1,652 sqft

Overview

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 ZONED (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 VACANT LAND WITH THE MLS #O6431538.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1938
Lot:
0.45 Acres
Heating:
Central / Exhaust Fan
Price/sqft:
$2,391
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$472,500
$357K – $2.3M
Confidence Low
List vs. estimate
$3.5M above estimate
List $3,950,000 · +736.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,391
+482.0% vs. city median $410
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,847
2025
All facts and features
  • Flooring

    • Tile

    • Hardwood

    Heating

    • Central

    • Exhaust Fan

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Garden / Irrigation System / Lighting / Sidewalk

    Lot

    • Lot: 0.45 Acres

    Other Property Information

    • Parcel Number: 052230940011120

    • Zoning: R-3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Fiber Optics

    • Fire Hydrant

    • Phone Available

    • Propane

    • Sewer Available

    • Sewer Connected

    • Street Lights

    • Underground Utilities

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,848

  • Source details

    • MLS ID: O6436046

    Other facts

    • Construction Materials: Block / Cement Siding

    • Foundation Details: Block

    • Laundry Features: None

    • Lot Features: Corner Lot / City Lot / Level / Near Golf Course / Near Public Transit / Sidewalk

    • Direction Faces: West

    • Living Area: 1652

    • Water Source: Public

    • Lot Size Dimensions: 78 x 250

    • Subdivision Name: WINTER PARK

Private inquiry
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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