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721 FOSTER AVENUE
Winter Garden, FL 34787
$699,000
ATTENTION INVESTORS! RARE INCOME-PRODUCING TRIPLEX IN THE HEART OF WINTER GARDEN! Discover an exceptional investment opportunity at 721 Foster Avenue, ideally located just minutes from Historic Downtown Winter Garden and the highly desirable Plant Street district, known for its charming boutiques, popular restaurants, entertainment, and vibrant community atmosphere. Situated on an oversized lot, this partially occupied triplex features three renovated units, each with its own private laundry room, offering added convenience and appeal for tenants. With established tenants already in place, this property provides an opportunity for immediate rental income. Each unit is separately metered for electricity, and the property is connected to city water and sewer. Tenants are responsible for their own utilities and lawn maintenance, helping minimize operating expenses and simplify property management. The spacious lot offers additional possibilities for future improvements or potential expansion, including a garage apartment or in-law suite, subject to zoning, permitting, and applicable building requirements. Whether you're expanding an established real estate portfolio or seeking a multifamily investment in one of Central Florida's most desirable and growing communities, this property offers an attractive combination of location, existing rental income, tenant-friendly amenities, and long-term investment potential. Don't miss this opportunity to own a rare triplex near the heart of Historic Downtown Winter Garden!
Listing Courtesy of: COLDWELL BANKER REALTY
407-352-1040
| Listing Id: | O6451848 |
|---|---|
| List Price: | $699,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Active |
| Bedrooms Total: | 7 |
| Bathrooms Full: | 3 |
| Living Area: | 2,245 |
| Tax Annual Amount: | $7,550 |
| Lot Size Square Feet: | 18,079 |
| Lot Size Acres: | 0.42 |
| Waterfront?: | No |
| City: | Winter Garden |
| County Or Parish: | Orange |
| Subdivision Name: | Burchshire |
| Postal Code: | 34787 |
| Year Built: | 1960 |
| Additional Parcels?: | No |
| Bathrooms Total Integer: | 3 |
| Building Area Units: | Square Feet |
| Carport?: | No |
| Foundation Details: | Other |
| Construction Materials: | Block |
| Cooling: | Central Air |
| Directions: | From W Plant Street in Downtown Winter Garden, head south on S Park Avenue. Turn left onto W Story Road, then turn right onto Foster Avenue. Continue to 721 Foster Avenue, Winter Garden, FL 34787. |
| Exterior Features: | Private Mailbox, Private Yard |
| Garage?: | No |
| Heating: | Central |
| Interior Features: | Ceiling Fans(s), Thermostat |
| Laundry Features: | Laundry Closet, Laundry Room |
| Levels: | One |
| Listing Contract Date: | 2026-10-21 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | Oversized Lot |
| Lot Size Acres: | 0.42 |
| Postal Code Plus4: | 3337 |
| MLS Area Major: | 34787 - Winter Garden/Oakland |
| MLS Area Major: | 34787 - Winter Garden/Oakland |
| Original List Price: | $699,000 |
| Other Equipment: | Private Yard |
| Parcel Number: | 22-22-27-1084-02-280 |
| Township: | 22 |
| Road Surface Type: | Paved |
| Roof: | Shingle |
| Tax Year: | 2025 |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Utilities: | Electricity Connected, Water Connected |
| Water Source: | Public |
| Public Survey Range: | 27 |
| Public Survey Section: | 22 |
| Zoning: | R-2 |
| Alternate Key Folio Num: | 272222108402280 |
| Annual Net Income: | 54000.00 |
| Calculated List Price By Calcula: | 311.36 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6451848?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6451848?w=Customer |
| Dpryn: | Yes |
| Flood Zone Code: | X |
| Flood Zone Date: | 2021-09-24 |
| Flood Zone Panel: | 12095C0215H |
| Green Verification Count: | 0 |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 208.57 |
| Lot Size Square Meters: | 1680 |
| Sdeo yn: | No |
| Total Acreage: | 1/4 to less than 1/2 |
| Total Num Buildings: | 1 |
| Unit Count: | 3 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 407-352-1040 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
| Fireplace?: | No |
| Pool Private?: | No |
| New Construction?: | No |
| New Construction?: | No |
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Property Last Updated: October 28, 2026 05:00 AM - ET
