Property
ActiveResidential
1/34
$745,000

408 HOLT AVENUE

Winter Park, FL 32789
2
Beds
3
Baths
1,440
SqFt
0.11
Acres
STELLAR
#O6405857
Updated: May 9, 2026, 9:38am

Property Description

Rare investment opportunity in the heart of Winter Park/Rollins College area. This turnkey, fully renovated triplex is located within one of Winter Park’s highest-demand rental corridors, just steps from Rollins College, Park Avenue, and Lake Virginia.

The property features three separate 1-bedroom, 1-bath units, each with its own private outdoor patio area, positioned on a charming brick street in one of Winter Park’s most walkable and desirable neighborhoods. The asset is being delivered with strong in-place cash flow. Current rents provide additional value-add potential, with at least one unit currently operating below market rental rates, creating an opportunity for future income growth and increased returns.

The block construction property has undergone significant capital improvements, including updated electrical panels (2019), new hot water heater (2019), new windows (2017), and a new roof (2015). Two of the three units were completely renovated in 2019, offering updated interiors while maintaining the charm and character of the surrounding neighborhood.

The front unit includes washer/dryer hookups, while the middle and rear units share a common exterior-access washer/dryer area. Utilities are currently included in the rent and have been factored into annual operating expenses.

This is a rare opportunity to acquire a stabilized multifamily asset with strong rental demand driven by proximity to Rollins College, downtown Park Avenue, dining, shopping, and employment centers throughout Winter Park.
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Included Appliances
DishwasherDryerRangeRefrigeratorWasher

Property Details

Interior
Additional Rooms
Attic
Appliances
DishwasherDryerRangeRefrigeratorWasher
Building Area Total
1686
Cooling
Wall/Window Unit(s)
Fireplace Features
Other RoomWood Burning
Flooring
Ceramic Tile
Heating
Wall Units / Window Unit
Interior Features
Ceiling Fan(s)
Laundry Features
Common AreaInsideOutside
Living Area
1440
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1942
Site & Exterior
Carport Spaces
Yes
Covered Spaces
Yes
Exterior Features
FencedSidewalkStorage
Flood Zone Code
X
I D X Participation
Yes
Lot Features
City Lot
Lot Size Acres
0.11
Lot Size Area
4898
Lot Size Square Feet
4898
Lot Size Units
Square Feet
Open Parking
Yes
Other Structures
Storage
Parking Features
CommonDrivewayOff Street
Public Survey Range
30
Public Survey Section
07
Road Frontage Type
Street Brick
Road Surface Type
Brick
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
BB/HS Internet AvailableCable AvailableElectricity Connected
Water Source
Public
Zoning
R-2
Financials
Calculated List Price By Calculated Sq Ft
517.36
Contract Status Change Date
2026-05-08
Current Price
745000
Existing Lease Type
Other
Feed Types
BBO
Lease Considered
Yes
Owner Name
VERAX HOLT LLC
Ownership
Fee Simple
Parcel Number
072230876000011
Public Survey Township
22
Tax Annual Amount
5764.82
Tax Block
00/00
Tax Book Number
J-58
Tax Legal Description
TROTTERS REPLAT J/58 THE N 122 FT OF E 40 FT OF LOT 1
Tax Lot
Yes
Tax Year
2025
Total Actual Rent
3975

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Buyer to verify any lease restrictions with city of Winter Park
M L S Area Major
32789 - Winter Park
Pets Allowed
Yes
Subdivision Name
TROTTERS REP
Schools
Ratings
Elementary
Audubon Park K8
Middle
Audubon Park K-8
High
Winter Park High
Listing provided courtesy of STELLAR via IDX. Updated: May 9, 2026, 9:38am.
Brian Opre

Listing Agent

THE REAL ESTATE PRINCIPLE, INC

Call Agent