Overview
Description
Rare Winter Park redevelopment opportunity on a NEARLY HALF-ACRE CORNER PARCEL JUST MINUTES FROM PARK AVENUE. Newly priced at $3,950,000, this R-3 ZONED (Medium-Density Residential) property offers outstanding redevelopment potential, INCLUDING CAPACITY FOR UP TO SEVEN RESIDENTIAL UNITS. Ideally positioned between Park Avenue and Winter Park Village, the property offers convenient access to renowned dining and shopping, Rollins College, cultural attractions, AdventHealth Winter Park, and major transportation corridors.
Three existing residences occupy the site and contribute no value to the offering. Properties of this size and zoning, so close to Park Avenue, are exceptionally rare. THIS PROPERTY IS CROSS-LISTED AS VACANT LAND WITH THE MLS #O6431538.
Address
- Street540 PENNSYLVANIA
- CityWinter Park
- SubdivisionWINTER PARK
- CountyOrange
- StateFL
- Zip32789
- MLS #O6436046
Interior
- AppliancesNone
- Bathrooms Full2
- Bathrooms Half0
- Bathrooms Total Integer2
- Bedrooms Total4
- CoolingCentral Air
- CoolingYes
- FlooringTile, Hardwood
- FurnishedUnfurnished
- HeatingCentral, Exhaust Fan
- HeatingYes
- Interior FeaturesNinguno
- Laundry FeaturesNone
- LevelsOne
- Living Area1,652
- Living Area SourcePublic Records
- Living Area UnitsSquare Feet
- Rooms Total5
Exterior
- Carport Spaces1
- CarportYes
- Covered Spaces1
- Direction FacesWest
- Exterior FeaturesGarden, Irrigation System, Lighting, Sidewalk
- FencingStone
- Lot FeaturesCorner Lot, City Lot, Level, Near Golf Course, Near Public Transit, Sidewalk
- Lot Size Acres0
- Lot Size Area19,542
- Lot Size Dimensions78 x 250
- Lot Size Square Feet19,542
- Lot Size UnitsSquare Feet
- Road Frontage TypeStreet Paved
- Road Surface TypePaved, Asphalt
- RoofShingle
Structure
- Building Area Total1,652
- Construction MaterialsBlock, Cement Siding
- Foundation DetailsBlock
- Year Built1938
Utilities
- SewerPublic Sewer
- UtilitiesCable Available, Cable Connected, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Propane, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected
- Water SourcePublic
Financial
- Parcel Number052230940011120
- Tax Annual Amount9,848
- Tax Block11
- Tax Book NumberA-67
- Tax Legal DescriptionTOWN OF WINTER PARK A/67 & B/86 & MISC BOOK 3/220 LOT 12 BLK 11 & N1/2 OF VAC ALLEY ON S BLK 11
- Tax Lot12
- Tax Year2025
- ZoningR-3
Location
- CountryUnited States
- County Or ParishOrange
- DirectionsFrom I-4, take the Fairbanks Avenue exit and travel east. Cross Orlando Avenue (US-17/92), then turn left onto Denning Dr. Turn right on W Swoope Ave. Travel across Pennsylvania Ave. The property is located on the southeast corner of N. Pennsylvania Ave and W. Swoope Ave, just minutes from Park Avenue and Winter Park Village.
- Latitude29
- Longitude-81
- MLS Area Major32789 - Winter Park
- Postal Code32789
- Postal Code Plus43032
- Street Direction PrefixN
- Street NamePENNSYLVANIA
- Street Number540
- Street Number Numeric540
- Street SuffixAVENUE
- Subdivision NameWINTER PARK
- Unparsed Address540 N PENNSYLVANIA AVENUE
Listing Info
- List Price3,950,000
- Contract Status Change DateSeptember 14, 2026
- Cumulative Days On Market22
- Days On Market22
- Internet Automated Valuation DisplayYes
- Internet Consumer CommentYes
- Lease ConsideredYes
- List Agent AOROrlando Regional
- List Agent Emailmary.heidrich@cbrealty.com
- List Agent Full NameMary Heidrich
- List Agent Key2217af971406d679bd7151d43317f399
- List Agent MLS ID261235953
- List Agent Preferred Phone407-493-5336
- List Office MLS ID51957E
- List Office NameCOLDWELL BANKER REALTY
- List Office Phone407-647-1211
- Listing Contract DateSeptember 14, 2026
- Listing IDO6436046
- Listing Key59a952e897ebb7408e99d33120a84276
- MLS StatusActive
- Modification TimestampSeptember 15, 2026
- On Market DateSeptember 14, 2026
- Original Entry TimestampSeptember 15, 2026
- Original List Price3,950,000
- Originating System Keystellar
- Originating System NameStellar MLS
- OwnershipFee Simple
- Photos Change TimestampSeptember 15, 2026
- Photos Count5
- Source System Key803611883
- Special Listing ConditionsNone
- Status Change TimestampSeptember 15, 2026
Features & Amenities
Virtual Tour
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Mary Heidrich
Listing Agent · COLDWELL BANKER REALTY
Get in touch
Office · 407-647-1211
Similar Listings
Tour requested
The agent will confirm your tour time shortly.
Message sent
The agent will get back to you shortly.