1477 W Fairbanks Avenue, Winter Park, FL 32789

$2,500,000
6,049
SqFt

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List Price
$2,500,000
Status
Active
Days on Market
18
MLS#
O6422964
Property Style
Business
Year Built
1948
Living Area
6,049
Lot Size
13,480
Acres
0.31
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Killarney Estates
MLS Area Major
Winter Park

Property Description

Prime Winter Park office opportunity with exceptional visibility and accessibility. This well-maintained two-story masonry office building offers approximately 6,049 square feet on a 0.31-acre corner lot with 112 feet of frontage on Fairbanks Avenue and 114 feet along Lakeview Avenue. Located just one mile from I-4, the property provides quick access to downtown Orlando and downtown Winter Park. Fairbanks Avenue has recently undergone a major streetscape transformation including underground utilities, decorative street lighting, and a new sewer system, enhancing the corridor's appeal and long-term value. The building was originally constructed in 1948 and expanded with a second story addition in 1985, creating a professional office environment with flexible layout options for investors or owner-users. The property features 18 parking spaces and is zoned O-1 Office District by the City of Winter Park. Ideally positioned in a vibrant and highly walkable area, the building is steps from premier dining and retail including Hillstone Restaurant, Superica, Sixty Vines, and Trader Joe's. Recent improvements include a new tile roof (2009), full window replacement (2012), parking lot resurfacing (2013) extensive interior renovations (2017 and 2022), exterior repainting (2021), termite tenting (2023), new perimeter wall construction (2025), and professionally landscaped (2026). The downstairs suite is leased, generating 7,521.75 per month with the tenant paying utilities, alarm, housekeeping, building taxes, and insurance. The upstairs suite is currently vacant, offering an excellent opportunity for an owner-occupant or additional income. A rare chance to acquire a well-located Winter Park asset with stable income and value-add potential in one of Central Florida's most desirable business corridors.

Additional Information

Taxes Annual
$15937
Location
Corner Lot, Curb and Gutters, Fire Hydrant, City Limits, Landscaped, Sidewalk, Street Lights, Paved
Community Features
Sidewalks, No Deed Restriction
Property Description
Two Story
Zoning
O-1
Floor
Carpet, Luxury Vinyl, Tile
Appliances
Dishwasher, Microwave, Refrigerator
Utilities
BB/HS Internet Capable, Electricity Available, Public, Underground Utilities, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air, Zoned
Exterior Construction
Block, Stucco, Frame
Roof
Tile
Foundation
Block
Pool
No Pool
Garage Features
Ground Level, Other
Pets
Not Allowed
Flood Zone Code
X
Parcel ID
12-22-29-4172-01-010
Legal Description
KILLARNEY ESTATES RESURVEY L/9 LOTS 1 &2 (LESS S 15 FT THEREOF FOR R/W) & (LESSFROM N R/W LINE OF SR 424-A & W R/W LINE OF LAKEVIEW AVE RUN N 5 FT TH SWLY TOPT 5 FT W OF POB TH E 5 FT TO POB) BLK 1

Listing courtesy of FANNIE HILLMAN & ASSOCIATES. 407-644-1234

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