WINTER PARK, FL 32789 1550 MICHIGAN AVENUE
$600,000



21 more






















Presented By: 407HUB REAL ESTATE LLC with 407-468-2015. - 407-574-8800
Home Details
Incredible Investment Opportunity in Winter Park!
Come take a look at this amazing property located in the heart of Winter Park — just steps from Orlando Avenue, with its fantastic restaurants, shops, and the vibrant lifestyle found only in Winter Park
This charming 1947 fully remodeled bungalow offers 2 bedrooms and 1 bathroom and is accompanied by a 1-bedroom, 1-bathroom in law-suite in the back
Both units are fully remodeled as of 2 years ago and are separated by a privacy fence, offering ideal flexibility for rental income, multi-generational living, or a house-hack setup. Public records sq footage is for both houses. Zone R2
Property Features:
Metal roofs on both units
Newer AC systems
Full kitchens in both units
Luxury vinyl plank flooring throughout
Front unit has new windows and Hardie Plank siding
Plenty of off-street parking on stone-covered grounds.
Property is fully rented with excellent records tenants and bringing an excellent NOI
Situated in a highly sought-after area surrounded by multiple new construction homes, this property presents endless possibilities. Whether you’re looking to capitalize on the surging equity in this prime development zone, generate steady income from the existing rental setup, or collect rent while you design your dream home and secure permits, this is a rare and valuable opportunity.
Don’t miss your chance to invest in one of Central Florida’s most desirable neighborhoods!
Presented By: 407HUB REAL ESTATE LLC with 407-468-2015. - 407-574-8800
Interior Features for 1550 MICHIGAN AVENUE
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitieskitchen/family room combo
Laundry Featuresoutside
General for 1550 MICHIGAN AVENUE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Citywinter park
Construction Materialshardiplank type
Coolingcentral air
Countyorange
Directionsfrom i4, exit on e. par st, left onto clay st, right onto michigan ave
Flood Zone Code12095c
Garage Y/NNo
Gross Income47400
HOANo
Heatingcentral
Land Lease Y/NNo
Legal Descriptionlawndale h/118 lot 4 blk e
Living Area Unitssquare feet
Lot Size Square Feet6886
Lot Size Unitssquare feet
MLS Area32789 - winter park
ModificationTimestamp2025-05-13t10:51:53.760z
New ConstructionNo
Number Of Units Total1
Occupancy Typetenant
Ok to Lease12 months
Ownershipfee simple
Pets Allowedcats ok, dogs ok
Property Attached Y/NYes
Property Conditioncompleted
Property Subtypeduplex
Property Typeresidential income
Roofmetal
Senior Community Y/NNo
Sewerseptic needed
Standard Statusactive
Statusactive
Subdivision Namelawndale
Tax Annual Amount4768.51
Tax Lot4
Tax Year2024
Tenant Payselectricity, water
Total Actual Rent3950
Utilitiescable connected, electricity connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1947
Zoningr-2
Exterior for 1550 MICHIGAN AVENUE
Exterior Amenitiesother
Foundation Detailscrawlspace
Lot Size Acres0.16
Lot Size Area6886
Number of Buildings2
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Additional Details
Price History

Asm Jahan
Realtor®