About 540 N Pennsylvania Avenue
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 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 RESIDENTIAL WITH THE MLS #O6436046.
Features of 540 N Pennsylvania Avenue
| MLS® # | O6431538 |
|---|---|
| Price | $3,950,000 |
| Acres | 0.45 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Community Information
| Address | 540 N Pennsylvania Avenue |
|---|---|
| Area | Winter Park |
| Subdivision | WINTER PARK |
| City | WINTER PARK |
| County | Orange |
| State | FL |
| Zip Code | 32789-3032 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Buildable, Corner Lot, Fire Hydrant, City Lot, Level, Near Golf Course, Near Public Transit, Railroad, Room For Pool, Sidewalk, Street Lights, Suburb, Urban |
|---|
Additional Information
| Date Listed | August 7th, 2026 |
|---|---|
| Days on Market | 43 |
| Zoning | R-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | COLDWELL BANKER REALTY |
|---|
