xxx FAIRVIEW & GROVE AVE Winter Park, FL 32789

COMMERCIAL REDEVELOPMENT OR INCOME OPPORTUNITY ON PRIME .75+/- ACRES JUST OFF HWY 17/92 IN WINTER PARK, FL 32789. Located just off the commercial corridor between Fairbanks Ave. & Lee Road, this property is contiguous to the Hill Gray Seven Redevelopment Project of the Ranch Mall & proposed Hotel Project to the North. Also contiguous with R-3 Zoning which would allow higher density for a high-end Townhome or Condo Project. The sale includes three separate Single Family Residence (349 Grove Ave. Winter Park FL 32789, 337 Grove Ave. Winter Park FL 32789, 1310 Fairview Ave. Winter Park FL 32789) which could also be converted into small Professional Offices. The unit at 1310 Fairview Ave. is set-up & was previously operated as a small ACLF/Nursing Home. Looking for cash flow? This could also be perfect for the Investor looking to produce passive income in single family rentals. The location resides in the high net-worth demographics of Winter Park 32789. Corner & Mid-block parcels, existing curb cuts & full utilities already at the site. Entitlements for redevelopment are fully achievable. Trade area includes: REI, Ruth’s Chris, Starbucks, Whole Foods, P.F. Chang’s, Publix, Trader Joe’s, Walgreens, Chipotle, Olive Garden, Wawa. Please do not disturb existing tenants. PRICED TO SELL! EXACT SAME SIZE COMPARABLE SALE CLOSED NEXT DOOR TO THE SUBJECT PROPERTY IN MARCH OF 2020 FOR $1,810,000.00. SEE ATTACHED OFFERING MEMORANDUM, OR CALL TO HAVE ONE EMAILED!