Banke Ayanleke

208 3rd Street, Winter Garden, FL 34787

$435,000
New to the Market
SQUARE FEET1,750 MLS#O6435218
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208 3rd Street, Winter Garden, FL 34787
208 3rd Street, Winter Garden, FL 34787

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208 3rd Street, Winter Garden, FL 34787
208 3rd Street, Winter Garden, FL 34787

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.

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 www.bankeayanleke.com 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
Square Feet: 1,750

Amenities

Split Bedroom
None

Feature Descriptions

Additional Rooms: Attic
Annual Net Income: 74100.00
Days on Site: 4
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: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 2,536.86 per month $2,192.74 Principal & Interest $217.25 Property Tax $126.88 Homeowner's Insurance

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