This Three-Story Winter Park Property Just Sold For One Of The Highest Amounts In The City’s History
A downtown Winter Park property sold for over $3 million, marking a historic sale price for the city. The downtown Winter Park property is a 4,160-square-foot townhome at 125 S. Interlachen Ave. Unit 1 that sold for $3.4 million, according to the info provided on an Orange County records. This is the biggest price tag a townhome has seen in Winter Park’s residential real estate market since 2018. This is the fourth-priciest townhome deal in the history of Winter Park, according to the Orange County Property Appraiser records.
The Perfect Example Of Winter Park Luxury
This downtown Winter Park property sports a private elevator that runs through the 3-year-old townhome. The elevator goes from the basement garage up to a swanky rooftop terrace. This is nestled between an assortment of luxurious features, including a modern kitchen, a master bedroom suite with space for a media room, gym, or office on the second floor. There are two guest bedroom suites with their own living rooms on the third floor as well.
The rooftop terrace boasts a modern kitchen, fireplace, and half bathroom. A section of the patio can be covered to protect from sunshine or thunderstorms. Features such as the rooftop terrace, location near shopping and dining district Park Avenue, and the assortment of high-tech smart home amenities makes this home stand out.
Downtown Winter Park Properties Dipped
Orlando and Winter Park luxury home sales dipped in July. It has been reported that there were 210 luxury sales at a median price of $1.14 million in July 2022. This is down from 250 sales in June. However, Orlando and Winter Park’s luxury real estate sector continues to be a seller’s market with more demand than supply.
According to reports luxury sales have fallen across the country, but demand is strong and a slowing market may entice buyers who previously avoided the vicious luxury real estate sector, according to reports. Local housing market trends are important, as every home sale in the state has an estimated local economic impact of $112,500, according to the National Association of Realtors. In addition, the housing market often is considered a reflection of the local economy’s overall health.
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