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Wade M. Berlin

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1550 Michigan Avenue
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PRICED AT ONLY: $600,000

Address: 1550 Michigan Avenue, WINTER PARK, FL 32789

Description

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 youre 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. Dont miss your chance to invest in one of Central Floridas most desirable neighborhoods!
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  • MLS#: S5126664 ( Residential Income )
  • Street Address: 1550 Michigan Avenue
  • Viewed: 75
  • Price: $600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 0
  • Days On Market: 161
  • Additional Information
  • Geolocation: 28.5883 / -81.3705
  • County: ORANGE
  • City: WINTER PARK
  • Zipcode: 32789
  • Subdivision: Lawndale
  • Provided by: 407HUB REAL ESTATE LLC
  • Contact: Carolina Alfonzo
  • 407-468-2015
  • mfrmls
  • DMCA Notice
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Living Area: 1452.00
  • Roof: Metal
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Cats OK, Dogs OK
  • Sewer: Septic Needed
  • Utilities: Cable Connected, Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity, Water
Other Features
  • Country: US
  • Interior Features: Kitchen/Family Room Combo
  • Legal Description: LAWNDALE H/118 LOT 4 BLK E
  • Area Major: 32789 - Winter Park
  • Occupant Type: Tenant
  • Parcel Number: 12-22-29-4996-05-040
  • Views: 75
  • Zoning Code: R-2
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Discover a rare and lucrative opportunity at 1360 Formosa Ave, a corner lot triplex in the highly sought after Winter Park market. This income generating property features three fully rented one bedro

  1. Bedrooms: 3
  2. Baths: 3
  3. Approx. 2236 sqft
  1. MLSID: O6292751
  2. Provided by TOP FLORIDA HOMES
  3. Contact Salvison Dickson
  4. mfrmls
  5. DMCA Notice

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin