
540 N Pennsylvania AvenueWinter Park, FL, 32789
- Days on market
- 62
- Listed Aug 7, 2026
About this property
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.

Property details
- Property type
- Land
- Street address
- 540 N Pennsylvania Avenue
- City
- Winter Park
- State
- FL
- ZIP code
- 32789
Price & sale history
Asking price reduced by $650,000 (14.1%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Listed for saleMLS #O6436046 | $3,950,000 | Not applicable | |
| Price reducedMLS #O6431538 | $3,950,000Change: −14.1%−$650,000 | −14.1%−$650,000 | |
| Listed for saleMLS #O6431538 | $4,600,000 | Not applicable | |
| Price changedMLS #O4737248 | $439,999 | Not applicable |
Location
Recent sales nearby






















