David Ramirez
$6,495,000$7,200,0005 bd6.5 ba5,939 sqft$1,094 /sqft$38,500 /mo all-in ↓

550 PALMER AVENUE, WINTER PARK, FL, 32789

Active287 days on marketListed Oct 22, 2025MLS #O6349188

Reduced $705KNew constructionPrivate poolSingle Family ResidenceOSCEOLA PLACE

About this home

550 PALMER AVENUE

Exquisite new construction with 5 Bedrooms 6.5 Baths and a 3 car garage, in the Heart of Winter Park perfectly positioned on an oversized lot just steps from Park Avenue’s renowned shops, fine dining, and the iconic Winter Park 9-hole golf course, this extraordinary custom residence is a showcase of timeless design and modern luxury. Conceived by acclaimed architect Dan Delong of Origins Residential Design and brought to life by Sean Wulff of Native Homes, every detail has been thoughtfully curated to impress even the most discerning buyer. The expansive floor plan encompasses 5 bedrooms, 6 full baths, and 1 half bath, blending sophistication and comfort across multiple living spaces. Highlights include a dramatic great room, inviting family room, private study, downstairs guest suite, a full bar featuring a 56-bottle wine refrigerator, and an upstairs game room ideal for both everyday living and elegant entertaining. A grand entry reveals the great room with soaring floor-to-ceiling windows and elegant Italian porcelain tile, all overlooking the serene pool and patio. The chef’s kitchen seamlessly connects to the family room and features Canadian-crafted European-style cabinetry, Wolf, Sub-Zero & Fisher & Paykel appliances (dual ovens, dual dishwashers, built-in coffee maker, wine cooler, and beverage center), quartzite countertops, a large island with bar seating, hidden walk-in pantry, plus whole house water softener and filtration systems for premium convenience. The first-floor primary suite is a true retreat with spa-inspired amenities and a custom-built walk-in closet complete with cabinetry and a spacious island. Also on the main level: a private guest suite and dedicated home office/study. Upstairs, a generous game room and three additional en suite bedrooms provide comfort and privacy for family and guests alike. Designed for seamless indoor-outdoor living, the residence boasts two covered lanais finished in Turkish Marble, disappearing screens, a summer kitchen with Urban Bonfire Cabinetry, refrigerator, and ice maker, along with a freestanding fire pit and lush tropical landscaping. The saltwater pool with sun shelf and heated gas spa ensures year-round enjoyment. Built to the highest standards, the home features R-14 block walls with core 500 insulation, open cell foam insulation in attic, Andersen windows, a flat concrete tile roof, and tongue-and-groove ceilings on all lanais. Additional luxuries include: Select European white oak wood floors and Italian porcelain flooring throughout 12’ ceilings on the main level, 10’ ceilings upstairs Cutting-edge construction for efficiency and durability

Facts & features

The home at a glance

5

Bedrooms

6.5

Bathrooms

5,939

Sqft

0.48 ac

Lot size

3

Garage

2025

Year built

Two

Levels

$1,094

Per sqft

Private poolFireplace

Inside

FlooringEngineered Hardwood · Porcelain Tile
AppliancesConvection Oven · Dishwasher · Disposal · Exhaust Fan · Freezer · Gas Water Heater · Microwave · Range · Range Hood · Refrigerator · Tankless Water Heater · Wine Refrigerator
InteriorBuilt-in Features · Crown Molding · Dry Bar · Eating Space In Kitchen · High Ceilings · In Wall Pest System · Kitchen/Family Room Combo · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Solid Wood Cabinets · Split Bedroom · Stone Counters · Thermostat · Walk-In Closet(s)
LaundryInside · Laundry Room
CoolingCentral Air · Humidity Control · Zoned
HeatingCentral · Heat Recovery Unit · Zoned

Outside & construction

RoofConcrete · Tile
ConstructionBlock · Stucco
FoundationSlab
FacesNorth
ParkingCircular Driveway · Driveway · Garage Door Opener · Split Garage
ExteriorIrrigation System · Lighting · Rain Gutters · Sliding Doors

Community & fees

Taxes (2025)$10,292/yr

Utilities & systems

UtilitiesElectricity Connected · Natural Gas Connected · Public · Sewer Connected · Street Lights · Underground Utilities · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$38,500 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$35,047
PMI (est., until 20% equity)$2,436
Property tax — 2025 actual bill$858
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $649,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $649,500
Interest rate6.00%
Loan term

Estimated payment

$38,500/mo

Principal & interest$35,047
PMI (est., until 20% equity)$2,436
Property taxes (actual bill)$858
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Winter Park actives

$1,094 vs $343

Days on market

287 vs 41 typical

Where $1,094/sqft sits among the 318 Winter Park actives

133
76
51
18
19
21 · this home
$147–305$305–463$463–621$621–778$778–936$936+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Winter Park

Map of 550 PALMER AVENUE

Drive times from this address

Downtown Orlando14 min
Universal Orlando26 min
Orlando Int’l Airport (MCO)30 min
Walt Disney World38 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Winter Park. See the full Winter Park guide →

WINTER PARK 32789 — neighborhood snapshot

Population

26,884

Median age

44.4

Median income

$100,213

Median home value

$695,000

Avg household

2.13

Households w/ children

2,125

For the school run

Orange County School District

ElementaryLakemont Elementary★★★★★
MiddleMaitland Middle★★★★★
HighWinter Park High★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Winter Park market

Seller’s marketLeans seller3.7 months of inventoryBuyer’s market

$470K$512K

Winter Park median sold, yr/yr

96.8%

Sale-to-list ratio (12 mo)

146 of 318

Winter Park actives have cut their price

Median sold price, Winter Park, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 683% above the WINTER PARK 32789 median. See the full Winter Park market guide →

Paper trail

This home's history

CurrentPrice reduced to $6,495,000 $705K
Oct 22, 2025Listed at $7,200,000 · 287 days on market since
2025Built · OSCEOLA PLACE

Reality check

What actually sold near 550 PALMER AVENUE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

421 LAKEWOOD DRIVESold · Aug ’25

$4,087,500

421 LAKEWOOD DRIVE

5 bd · 8 ba · 5,847 sqft · $699/sqft · 334 DOM

887 GEORGIA AVENUESold · Apr ’26

$4,500,000

887 GEORGIA AVENUE

6 bd · 5.5 ba · 5,759 sqft · $781/sqft · 222 DOM

641 BONITA DRIVESold · Jan ’26

$4,800,000

641 BONITA DRIVE

5 bd · 5 ba · 6,699 sqft · $717/sqft · 0 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 550 PALMER AVENUE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 550 PALMER AVENUE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Straight answers

550 PALMER AVENUE FAQs

What would the monthly payment be for 550 PALMER AVENUE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $38,500/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 550 PALMER AVENUE?+

The most recent tax bill on record (2025) was $10,292. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Winter Park?+

At $6,495,000, this home is listed about 1025% above the Winter Park median of $577,450. The market section on this page shows how the area is trending.

Which schools are assigned to 550 PALMER AVENUE?+

Lakemont Elementary (elementary), Maitland Middle (middle), Winter Park High (high) — Orange County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$6,495,000 runs 683% above the WINTER PARK 32789 median — but at 5,939 sqft it's also nearly 3 times the size of the typical Winter Park listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03Time on market is leverage

287 days on market against a Winter Park median of 41 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Lakemont Elementary, Maitland Middle, Winter Park High — Winter Park High rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $7,200,000, now $6,495,000 — a $705K cut. The full history is in the market section below.

Listing courtesy of FANNIE HILLMAN & ASSOCIATES · John McDade. MLS #O6349188.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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