
540 N Pennsylvania AvenueWinter Park, FL, 32789
- Price per sqft
- $2,391
- Days on market
- 23
- Listed Sep 15, 2026
About this property
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.
Top Villas Intelligence
Projected rental revenue and ownership costs
Property details
- Property type
- Single Family Residence
- Street address
- 540 N Pennsylvania Avenue
- City
- Winter Park
- State
- FL
- ZIP code
- 32789
- Year built
- 1938
- New construction
- No
- Faces
- West
- Rooms
- 5
- Living area
- 1,652 sqft
- Total building area
- 1,652 sqft
- Levels
- One
Price & sale history
| 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























