Hot Winter Park New Construction Opportunity Michigan Ave. Winter Park, FL. 32789
This neighborhood is superhot, you cannot drive down a single street and not find a new build going up. This is a double lot 110×140 and zoned R2. Orange County will allow you to build 3 townhouses or you could build 2 single family houses.
1513 Indiana St is only 2 blocks away, it’s a lot that’s 100×140 and it sold for 370k on 1/2/2019. Our lot is 10 feet wider and we are selling it for 40k cheaper.
1413.5 Miller Street is a new build townhouse on the same block as this lot. It’s a 3/2.5 1,606 sf and it went pending after only 22 day for $599,000. that’s $373/sf.
You can build 3 of those on this lot. Builders know how much it cost to build and its way less than $373/sf. This will not last for long.