- CENTURY 21 Real Estate
- Florida
- Winter Park
- 1360 Formosa Avenue
1360 Formosa Avenue, Winter Park, FL 32789
Local realty services provided by:CENTURY 21 Affiliates
Listed by: salvison dickson, philip kolbrich
Office: top florida homes
MLS#:O6292751
Source:MFRMLS
Price summary
- Price:$625,000
- Price per sq. ft.:$279.52
About this home
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.
Contact an agent
Home facts
- Year built:1949
- Listing ID #:O6292751
- Added:314 day(s) ago
- Updated:February 02, 2026 at 09:05 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Living area:1,890 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Membrane
- Year built:1949
- Building area:1,890 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:Edgewater High
- Middle school:College Park Middle
- Elementary school:Princeton Elem
Utilities
- Water:Public, Water Available
- Sewer:Septic Tank
Finances and disclosures
- Price:$625,000
- Price per sq. ft.:$279.52
- Tax amount:$8,350 (2024)
New listings near 1360 Formosa Avenue
- New
$1,165,000Active2 beds 2 baths1,220 sq. ft.100 S Interlachen Avenue #404, WINTER PARK, FL 32789
MLS# O6375851Listed by: COLDWELL BANKER RESIDENTIAL RE - New
$759,999Active4 beds 3 baths2,197 sq. ft.1418 Lone Feather Trail, WINTER PARK, FL 32792
MLS# O6378636Listed by: THE PROPERTY STOP LLC - New
$2,695,000Active3 beds 5 baths3,272 sq. ft.147 S Interlachen Avenue #202, WINTER PARK, FL 32789
MLS# L4959060Listed by: HELLOSOLD LLC
$490,000Pending3 beds 2 baths1,942 sq. ft.4591 Whimbrel Place, WINTER PARK, FL 32792
MLS# O6366090Listed by: CHARLES RUTENBERG REALTY ORLANDO- New
$1,500,000Active5 beds 5 baths4,307 sq. ft.1144 Wading Waters Circle, WINTER PARK, FL 32792
MLS# G5107332Listed by: PORCH LIGHT REALTY, LLC. - New
$779,000Active4 beds 3 baths1,778 sq. ft.5233 Lake Howell Road, WINTER PARK, FL 32792
MLS# O6377821Listed by: FANNIE HILLMAN & ASSOCIATES - New
$739,000Active4 beds 2 baths2,075 sq. ft.620 Darcey Drive, WINTER PARK, FL 32792
MLS# O6378148Listed by: LPT REALTY, LLC - New
$509,000Active3 beds 2 baths2,028 sq. ft.3207 Lowndes Drive, WINTER PARK, FL 32792
MLS# O6362285Listed by: MILLER GRANT AND COMPANY - New
$675,000Active5 beds 2 baths2,240 sq. ft.630 Saint Dunstan Way, WINTER PARK, FL 32792
MLS# O6376860Listed by: EXP REALTY LLC - New
$255,000Active2 beds 2 baths956 sq. ft.2500 Lee Road #229, WINTER PARK, FL 32789
MLS# O6377616Listed by: REALCOM REAL ESTATE SERVICES INC