Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1360 Formosa Ave Winter Park, FL 32789

    For Sale
    $625,000

    Triplex - WINTER PARK, FL

    Type:Triplex
    Property size:
    1,890 SF
    Lot size:
    0.11 Acres
    Days on Market:
    256
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1360 Formosa Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Zoning
    R-2
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    APN
    12-22-29-7096-02-250
    Parking features
    Carport
    Interior features
    Ninguno
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    1,890 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1949
    Number of units
    3
    Flooring type
    Wood
    Building materials
    Block
    Roof type
    Membrane
    Architectural style
    Other

    Top Florida Homes (321) 287-3913 [email protected]

    Listing agent Salvison Dickson (855) 919-0458 License #3321853

    Listing date Mar 25, 2025

    MLS# O6292751 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Winter Park Corner Lot Triplex

    Located on a corner lot, this triplex in Winter Park, Florida, presents an investment opportunity. The property features three one-bedroom, one-bathroom units, all of which are currently rented. The property is fully occupied, providing consistent income. Situated minutes from Rollins College, Full Sail University, and downtown Orlando, the location is attractive to potential tenants. Its proximity to major employers, boutique shopping, and dining options on Park Avenue contributes to rental demand. The property offers potential for increased rental income through cosmetic upgrades, improved landscaping, or the addition of modern amenities. The area's rental market features low vacancy rates and increasing rental prices. The corner lot location offers enhanced curb appeal and potential for future development or expansion. The property is zoned R-2 and has a lot size of 0.11 acres. The property size is 1890 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winter Park
    County
    Orange
    State
    Florida
    Longitude
    -81.377136
    Latitude
    28.584847

    Nearby Similar for Sale

    • $715,000
      Pending

      Winter Park Freestanding Office Building

      Single-story office building in Winter Park with high visibility.
      2306 Lee Rd, Winter Park, FL 32789
      View Details
    • $200,000

      Turnkey Pastry Production Business

      Fully equipped pastry production business with multiple revenue streams.
      1786 N Semoran Blvd, Winter Park, FL 32792
      View Details
    • $1,215,000
      2,284 SF

      Winter Park Duplex with Suites

      Duplex in Winter Park near Park Avenue and Winter Park Golf Course.
      726 N Pennsylvania Ave, Winter Park, FL 32789
      View Details
    • $485,000
      Pending

      Updated Duplex in Winter Park

      Updated duplex with rental income potential in a prime location.
      2608 Dora Ct, Winter Park, FL 32792
      View Details
    • $485,000
      Pending

      Income-Producing Duplex in Winter Park

      Winter Park duplex with renovated unit and tenant-occupied unit.
      131 Stefanik Rd, Winter Park, FL 32792
      View Details
    • $695,500
      1,656 SF

      Winter Park Professional Office Building

      Free-standing Winter Park office building in a prime location.
      1977 Dundee Dr, Winter Park, FL 32792
      View Details

    FAQs

    What type of property is this?
    Triplex - Income-generating triplex in Winter Park, near universities and downtown.
    Where is this triplex located?
    The property is located at 1360 Formosa Ave Winter Park, FL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Located in the highly desirable Winter Park market with limited inventory and high property values.; - Currently 100% occupied with three fully rented units, providing immediate cash flow.; - Prime location near Rollins College, Full Sail University, and downtown Orlando, ensuring consistent tenant demand.
    (855) 919-0458
    Request Owner's contact information
    1360 Formosa Ave Winter Park, FL 32789
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1360 Formosa Ave
    Winter Park, FL 32789
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1360 Formosa Ave Winter Park, FL 32789
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.