387 Vistawilla Dr Winter Springs, FL 32708-3804
This exceptional 0.89-acre parcel, located at 387 Vistawilla Dr, Winter Springs, FL 32708, presents a unique investment opportunity. Zoned PUD (Planned Unit Development), this land offers flexibility for various commercial and residential uses. Its strategic location off SR 434 provides easy access to the SR 417 interchange, ensuring excellent connectivity and high visibility. The property is suitable for the development of a multi-tenant building up to 10,239 square feet, catering to the area's affluent demographic. With an average household income exceeding $150,000, this location boasts strong purchasing power. Adding to its appeal, the property is within walking distance of the Seminole Trail, enhancing its desirability and providing recreational access. This prime land offers a compelling blend of accessibility, zoning flexibility, and a desirable location, making it an ideal investment for developers seeking a high-return project in a thriving community. Seminole County location provides access to a robust infrastructure and a strong local economy. The property's size and zoning make it suitable for a variety of development projects, from retail spaces to residential units, or a combination of both. This is a rare opportunity to acquire a well-situated parcel in a highly sought-after area of Winter Springs.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.