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ActivePrice improved $650,00038 days on market

$3,950,000~~$4,600,000~~

540 N PENNSYLVANIA AVEWINTER PARK, FL 32789WINTER PARK · Land

0.45 acLot

About this home

MAJOR PRICE IMPROVEMENT—NOW OFFERED BELOW $4 MILLION! 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 (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 o…

Description as provided by the listing brokerage.

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The details

StatusActive

MLS #MFRO6431538

Property typeLand

Lot size0.45 ac

Taxes$9,848 (2025)

Days on market38

CountyOrange

Flood zoneX (verify)

ListedAug 5, 2026

Features & property details

Exterior & lot

FencingStone

Lot featuresBuildable, Corner Lot, Fire Hydrant, City Limits, Level, Near Golf Course, Near Public Transit, Railroad, Room For Pool, Sidewalk, Street Lights, Paved, Suburb, Urban

Lot dimensions78X250

VegetationOak Trees

Road surfaceAsphalt

Pool & water

Waterfront feet0

Community & HOA

Fee requirementNone

Total monthly fees$0

Total annual fees$0

Community featuresStreet Lights

Utilities & efficiency

UtilitiesCable Available, Cable Connected, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Propane, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected

SewerPublic Sewer

Water sourcePublic

Financial & terms

Tax year2,025

OwnershipFee Simple

Special conditionsNone

ZoningR-3

MLS area32789 - Winter Park

Where it sits

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Approximate location shown. Exact address available on request per listing brokerage.

Where you'd be

WINTER PARK, Florida

WINTER PARK · Orange County

Homes in WINTER PARK

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Stellar MLSMLS# MFRO6431538Listing courtesy of COLDWELL BANKER REALTYLast updated Sep 14, 2026, 3:35 PM

$3,950,000540 N PENNSYLVANIA AVE · WINTER PARK

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