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Residential > Multi-family
Active
03/24/2025
List Price
$625,000$331/ft²

1360 Formosa Ave
Winter Park, FL 32789

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  • 1360 Formosa Ave, Winter Park, FL 32789 is a 3 bed, 2 bath, 1,890 ft² multi-family home house built in 1949 on a 0.110 acre lot with 2 construction permits. This multi-family home is currently listed for $625,000, and it was last sold in 2022 for $490,000. The latest TopHap estimate of the multi-family home's value is $440,500.

    Property Valuations

    Latest estimates for 1360 Formosa Ave based on TopHap automated valuation model (AVM).

    MLS Description

    The listing agent's description. Original Listing

    Discover a rare and lucrative opportunity at 1360 Formosa Ave, a corner lot triplex in the highly sought-after Winter Park market. This income-generating property features three fully rented one-bedroom, one-bathroom units, providing a strong and steady return on investment. With 100% occupancy, this property is already a cash-flowing asset, but its value-add potential makes it even more enticing for savvy investors seeking long-term gains. The triplex sits in a prime location just minutes from Rollins College, Full Sail University, and downtown Orlando, making it highly attractive to a consistent pool of tenants. The property's proximity to major employers, boutique shopping, and popular dining options on Park Avenue ensures ongoing rental demand and future appreciation. What makes this investment even smarter is Winter Park’s limited inventory and high property values, driven by its historic charm, excellent schools, and vibrant lifestyle. With steady property appreciation, investing in a multifamily property here offers the potential for significant equity growth. Additionally, the value-add opportunities are abundant. Whether through cosmetic upgrades, improved landscaping, or adding modern amenities, this triplex has room to increase rental income and maximize ROI. Winter Park’s strong rental market makes this property a low-risk, high-reward investment. The area boasts low vacancy rates and increasing rental prices, offering reliable cash flow. Plus, the property's corner lot location provides the potential of enhanced curb appeal and the potential for future development or expansion. This is more than just an income-generating property—it’s an opportunity to invest in a growing, high-demand market with long-term stability. Whether you're looking to expand your portfolio or secure a foothold in Winter Park's thriving real estate market, 1360 Formosa Ave is a rare find with exceptional potential.

    Listing Agents

    The listing agent for 1360 Formosa Ave is Salvison Dickson.

    Permits

    1360 Formosa Ave has 2 permit records.

    Permit History
    2
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    1360 Formosa Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 1360 Formosa Ave

    School Information

    Public/private schools serving 1360 Formosa Ave

    Neighborhood

    This property is located in Fairview Shores, Winter Park, FL 32789.

    Market Trends

    Historical market data near 1360 Formosa Ave over selected time period.

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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