470 W New England Ave - Apartments FOR SALE


Winter Park, FL 32789
$2,500,000 USD
240-506-2627
470 W New England Ave, Winter Park, FL for Sale
$2,500,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

470 W New England Ave
Winter Park, FL 32789


HIGHLIGHTS

  • Immediate access to multiple restaurants, shops and outdoor spaces
  • Residential units have balconies overlooking famed New England Ave
  • Covered Parking

OVERVIEW

A rare opportunity to own a truly generational piece of real estate in the heart of downtown Winter Park, one of Central Florida's most coveted and supply-constrained markets. Positioned in an unmatched location on prestigious New England Avenue, this mixed-use investment pairs the stability of commercial retail with the upside of premium residential — a combination that delivers protected, long-term cash flow from day one. The property features two spacious 2-bed/2-bath apartment units alongside a medical office serving as the retail tenant. This mixed-use structure creates diversified, resilient income: the medical office anchors dependable long-term commercial cash flow, while the residential units offer flexibility to command significant premiums as 30-day furnished rentals. What makes this offering exceptional is its setting. Downtown Winter Park carries some of the highest barriers to entry in the region, with vacancy rates hovering near zero and virtually no comparable inventory ever reaching the market. Assets of this caliber, in this location, are rarely — if ever — available. This is more than an investment. It's a generational hold that produces income immediately, appreciates within an irreplaceable market, and passes down value for decades to come.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$727 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,250,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C-2

APN/PARCEL ID

05-2230-9400-55-080

ASK ABOUT THIS PROPERTY

Palmer VietorOwens Realty ServicesMore Info
240-506-2627

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Palmer VietorOwens Realty ServicesMore Info
240-506-2627

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.