Property summary
This exceptional 35,000 square foot commercial land parcel, located at 700 Formosa Avenue and 1996 Kentucky Avenue in Winter Park, Florida (zip code 32789), presents a unique investment opportunity. Boasting a fee simple ownership and a highly desirable C-3 zoning designation, this property offers unparalleled versatility. The lot provides significant frontage, with 140 feet along Formosa Avenue and 250 feet along Kentucky Avenue, ensuring excellent visibility and accessibility. Its strategic location offers close proximity to Interstate 4, providing convenient access to major transportation arteries. The C-3 zoning allows for a wide range of commercial uses, including medical offices, professional offices, office-warehouse facilities, and retail establishments. The property is situated in a high and dry area, eliminating concerns related to flooding. This prime location in the thriving Winter Park community, combined with its flexible zoning and substantial size, makes this an ideal site for development or investment. The asking price is $1,795,000. Don't miss this chance to acquire a highly sought-after commercial property in a rapidly growing market. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Sec. 58-76. - Commercial (C-3) district. (a) Purpose and intent. (1) Certain areas of the city along arterial and collector roadways have developed and are being redeveloped as highway-oriented commercial areas. The purp…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Winter Park, FLSec. 58-76. - Commercial (C-3) district. (a) Purpose and intent. (1) Certain areas of the city along arterial and collector roadways have developed and are being redeveloped as highway-oriented commercial areas. The purp…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Sec. 58-76. - Commercial (C-3) district. (a) Purpose and intent. (1) Certain areas of the city along arterial and collector roadways have developed and are being redeveloped as highway-oriented commercial areas. The purp…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Winter Park, FL.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight