1550 Michigan Avenue
WINTER PARK, FL 32789
- – beds
- – baths
- 1,452 sqft
- 6,886 sqft lot
- $413 per sqft
- 1947 build
- – on site
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!
Last checked:
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Last updated May 13, 2025
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MLS# S5126664 —
The Building
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Year Built:1947
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New Construction:false
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Construction Materials:HardiPlank Type
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Roof:Metal
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Foundation Details:Crawlspace
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# of Buildings:2
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Building Area Units:Square Feet
Interior
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Interior Features:Kitchen/Family Room Combo
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Fireplace:false
Room Dimensions
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Living Area:1452
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From I4, exit on E. Par St, Left onto Clay St, right onto Michigan Ave
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Latitude:28.588307
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Longitude:-81.370512
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Coordinates:-81.370512, 28.588307
The Property
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Parcel Number:122229499605040
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Condition:Completed
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Property Attached:true
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Lot Size Acres:0.16
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Lot Size Area:6886
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Lot Size SqFt:6886
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:R-2
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View:false
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Exterior Features:Other
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:12095C
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Additional Parcels:false
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Homestead:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (407) 468-2015
- Office phone:
- (407) 468-2015
Taxes
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Tax Year:2024
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Tax Lot:4
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Tax Block:E
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Tax Legal Description:LAWNDALE H/118 LOT 4 BLK E
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Tax Book Number:H-118
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Tax Annual Amount:$4,768.51
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/S5126664
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Connected
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Sewer:Septic Needed
Appliances
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Laundry Features:Outside
The Community
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Subdivision Name:LAWNDALE
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Pets Allowed:Cats OK
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/12/25
May 12, 2025
|
Listed / Active | STELLAR_MLS | $600,000 |