1518 Minnesota Ave, Winter Park, FL 32789

4 beds, 3 baths, 1,701 sqft
For Sale
$599,000
Zestimate®: $297,996
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Total of 6 lots already assembled with development potential in Winter Park. Future rezoning from R2 may allow mixed use opportunity. 1518 Minnesota is 3 lots with 150FF x 140'deep with a 3/2 home providing $1150/mo income,12month lease started 5/01/14 + 1/1cottage providing $650/mo income. Only being sold together with 1516 Minnesota Ave MLS#O5308266 also 3 lots with 150FF x 140'deep with a 3/1 home providing $1000/mo income, 12mo lease started 4/01/14. Purchase this 300x140 (.96Ac) property with $2800/mo income today, hold for appreciation or future higher density development opportunity.
Facts
  • Lot: 0.48 acres
  • Single Family
  • Built in 1953
  • 5 days on Zillow
  • Last sold: May 2012 for $173,000
  • Price/sqft: $102
  • MLS #: O5308267
Construction
  • Construction quality: 7.0
  • # Stories: 1.0
  • Unit count: 1
Other
  • Floor size: 1,701 sqft
  • Last remodel year: 1966
  • Lot width: 149
  • Parcel #: 122229499604051
  • Zillow Home ID: 46108542
Home Values
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$297,996
+$23,812 Last 30 daysd
$256K
$352K
Zestimate range
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$1,596/mo
-$28 Last 30 daysd
$1.3K
$2.1K
Zestimate range
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Neighborhood for 1518 Minnesota Avenue

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Zillow predicts 32789 home values will rise 4.5% next year, compared to a 7.6% increase for Fairview Shores as a whole. Among 32789 homes, this home is 86.7% more expensive than the midpoint (median) home, and is priced 84.3% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 32789, the number of foreclosures waiting to be sold is 53.7% less than in Fairview Shores, and 35.1% less than the national average. This lower local number could help 32789 home values rise more quickly than other regions in Fairview Shores.

Learn more about forecast calculations or 32789 home values.
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