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40 Palmer Ave, Winter Park, FL, 32789

5beds
6baths
5,905sqft
$7,250,000
$1,228price/sqft
$51,428/moest. monthly cost
$2,057,120/yrincome needed

About This Home

Under Construction. Opportunities like this rarely present themself, just a eight-minute walk from the iconic shops, restaurants, and cafés of Park Avenue, 40 Palmer represents a rare convergence of architectural significance, uncompromising craftsmanship, and premier Winter Park location. Built by Vimaro Homes, this extraordinary new construction estate is a statement piece that redefines what luxury living looks like in the heart of Winter Park. The exterior architecture is refined yet commanding, with classical influences interpreted through a modern lens, setting the tone for the exceptional level of design and finishes found inside. One of the most remarkable features, and an offering rarely found in Winter Park, is the underground four-car garage. Designed to discreetly accommodate an impressive vehicle collection, the garage is complemented by a striking spiral staircase that rises from the basement through the main living level and continues to the second floor. The family room is nothing short of breathtaking, featuring bespoke millwork with integrated shelving, soft architectural lighting, and a dramatic fireplace wrapped entirely in marble. The kitchen is a culinary showpiece designed for those who expect nothing less than perfection. Calcutta marble countertops cascade across the space, paired with stunning custom cabinetry, and a professional-grade Thermador appliance suite. A dedicated dirty kitchen allows for discreet preparation, while an expansive walk-in pantry ensures effortless hosting and immaculate presentation. The primary bedroom wing features a spa-inspired bathroom finished in rich marble, featuring dual vanities, a freestanding soaking tub and an enormous walk-in closet with a separate washer and dryer. Upstairs, a dedicated laundry room and a spacious secondary living area provide flexibility for family living, guests, or relaxation. The lower level extends the home’s versatility, offering a workshop, dedicated holiday and seasonal storage, and seamless elevator access to the main level of the home. Outdoor living is equally impressive. A large covered exterior lanai with a pool bath and full summer kitchen creates a seamless indoor-outdoor lifestyle, ideal for entertaining year-round. The backyard is truly resort-inspired, featuring a large swimming pool, sunken fire pit, and spa, all set within a private, beautifully secluded outdoor setting. What ultimately sets 40 Palmer apart is not just its design or finishes, but its unmatched combination of luxury and location. Just minutes from Park Ave shopping and restaurants, moments from the famous Winter Park Golf Course, yet privately tucked away, this home offers a lifestyle that is both vibrant and exclusive. A truly rare opportunity to own a part of the exceptional standard of living delivered by Vimaro Homes.

Getting Around

54
WalkingSomewhat Walkable
31
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

7/10
5/10
Maitland Middle SchoolGrades 6-81.8 mi
7/10
Winter Park High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Basement
  • Roof: Tile
  • Construction materials: Block,Stucco

Other

  • Builder model: 40 Palmer
  • Builder name: Vimaro Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Bar Fridge,Oven,Dishwasher,Disposal,Microwave,Range,Range Hood,Refrigerator
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Other

Bedroom2

  • Features: Built-in Closet
  • Level: Second
  • Area: 169
  • Dimensions: 13x13

Bedroom3

  • Features: Built-in Closet
  • Level: Second
  • Area: 210
  • Dimensions: 15x14

Bedroom4

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 169
  • Dimensions: 13x13

Bedroom5

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 180
  • Dimensions: 15x12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Area: 165
  • Dimensions: 11x15

Family Room

  • Level: Second
  • Area: 350
  • Dimensions: 25x14

Features

  • High Ceilings,Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Thermostat,Tray Ceiling(s),Walk-In Closet(s)
  • Door features: French Doors,Outdoor Kitchen,Sliding Doors
  • Window features: Window Treatments
  • Flooring: Engineered Hardwood,Marble,Porcelain Tile
  • Fireplace features: Electric,Family Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 8,698
  • Total interior livable area: 5,905 sqft

Kitchen

  • Level: First
  • Area: 294
  • Dimensions: 14x21

Living Room

  • Level: First
  • Area: 340
  • Dimensions: 20x17

Office

  • Level: First
  • Area: 144
  • Dimensions: 12x12

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 270
  • Dimensions: 18x15

Workshop

  • Level: Basement
  • Area: 210
  • Dimensions: 15x14

Property

Details

  • Parcel number: 062230532203040
  • Zoning: R-1AA
  • Special condition: None

Features

  • Levels: Three Or More
  • Stories: 3
  • Private pool: Yes
  • Pool features: Gunite,Heated,In Ground
  • Patio & porch: Covered
  • Exterior features: Irrigation System,Outdoor Kitchen,Rain Gutters,Sidewalk
  • Has spa: Yes
  • Spa features: Heated,In Ground

Lot

  • Lot size: 0.30 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 4
  • Parking features: Oversized
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hurricane
Strong Wind

FEMA Declared Disasters in Orange County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $36,659$439,908
Home Insurance *$4,955$59,460
Property Taxes $9,220$110,640
Electricity $594$7,131
Total$51,428$617,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,763,245/yr
40% on housing$1,542,840/yr
45% on housing$1,371,413/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.0%
14.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,228This listing

vs Other Active Listings

Avg $/sqft

ZIP 32789$550
Orange County$236

vs Homes Sold Last Month

Median $/sqft

ZIP 32789$438
Orange County$245

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-09Listed for sale$6,950,000
2024-02-20Sold$1,450,000
2024-02-07Pending sale$1,595,000
2023-10-23Price change$1,595,000
2023-09-14Listed for sale$1,750,000
2013-12-13Sold$765,000
2013-10-18Price change$779,500
2013-08-02Listed for sale$799,500
2012-07-31Listing removed$799,500
2011-08-24Listed for sale$799,500
2010-12-03Listing removed$899,000
2010-11-17Listed for sale$899,000
2010-09-10Listing removed$899,000
2010-07-15Listed for sale$899,000
2009-06-11Listing removed$1,099,000
2009-05-22Listed for sale$1,099,000
2009-04-04Listing removed$1,199,000
2009-02-26Listed for sale$1,199,000
2003-02-27Sold$340,000

New Construction

AgentJulie Christensen
BrokerageONE LUXURY INTERNATIONAL LLC

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