Triplex at 721 FOSTER AVE, WINTER GARDEN
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$699,000

721 FOSTER AVE
WINTER GARDEN, FL 34787
Listed by Monica Perlas · COLDWELL BANKER REALTY
Bedrooms
7
Bathrooms
N/A
Living area
2,245 sqft
Year built
1960

About this home

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!

Property details

MLS
Stellar MLS
MLS #
MFRO6451848
Property type
Triplex
Subdivision
BURCHSHIRE
Status
Active
Days on market
1
On market date
October 27, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.42 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
TILDENVILLE ELEMENTARY
0.87 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
535
Student:teacher ratio
14.9:1
District
ORANGE
Middle
LAKEVIEW MIDDLE
0.84 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
828
Student:teacher ratio
18.8:1
District
ORANGE
High
ORANGE TECHNICAL COLLEGE WESTSIDE CAMPUS
1.35 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
0
Student:teacher ratio
0.0:1
District
ORANGE

Walkability

Blended score for WINTER GARDEN's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

88
Highly walkable
out of 100
EPA National Walkability Index
15.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores11
Parks3
Schools17
Transit stops12
Pharmacies8

Market position

How this listing compares to current activity in WINTER GARDEN, from live MLS data.

On the market 1 days -- 77 fewer days than WINTER GARDEN's current average of 78 days.
For reference, the median list price across 1,133 active listings in WINTER GARDEN right now is $495,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,359/mo
$139,800 down
$559,200 loan
Principal & interest$3,627
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.