705 E MICHIGAN STREET Orlando, FL $ 599,500
705 E MICHIGAN STREET
$ 599,500
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705 E MICHIGAN STREET

Orlando, FL, 32806
$ 599,500
Bedrooms-- Baths-- Sq 758

Monthly Estimate*

$ 3,691

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Commercial Property for sale in Orlando, FL

for $599,500. This 758 square foot building was built in 1940 on a lot size of 0.11.

Rare opportunity to own a fully stabilized, income-producing commercial property with direct frontage on Michigan Avenue — one of Orlando's highest-traffic corridors averaging over 24,000 vehicles per day. Exceptional visibility with prominent signage for owner or tenants. This beautifully converted property was completely transformed from residential to commercial use and gut-renovated in 2023, including a new roof, windows, kitchen, flooring, lighting, tankless water heater, vanities, granite countertops, and appliances. Truly turn-key with no near-term capital expenditure concerns. Currently home to an established cluster of women's wellness and beauty professionals — including licensed estheticians — creating a natural referral ecosystem among tenants. Four tenants in place generating approximately $4,700/month in gross revenue with a cap rate approaching 8% after expenses. Ideal for the investor seeking immediate cash flow, or an owner-occupant in the wellness or beauty industry looking to occupy one suite while collecting rent from the others. Located in the heart of SODO with immediate access to I-4 and SR-408.

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Commercial Active

Price

$ 599,500

Property Type

Commercial

Taxes

$ 3,485

Style

Office

Lot Size

0.11

Year Built

1940

Town/City

Orlando

County/Region

Orange

MLS | Web ID

O6390393

Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Zoned
Utilities Public Water Connected
Possession Close Of Escrow
Roof Metal Shingle
Appliances Microwave Refrigerator
Zoning C-1
Construction Materials Wood Frame
Year Built 1940
Property Subtype Office
Tax Year 2025
Ownership Corporation
County Orange
New Construction false
Property Type Commercial Sale
Energy Efficient Water Heater
Subdivision Name ACREAGE
Facing Direction South
Building Features Bathrooms Kitchen Facility Seating Waiting Room
Other Structures Garage(s)
Status Active
Directions From Orange and Michigan head East on Michigan property is on the left at the intersection of Michigan and Lake Wade Ct - 705 E Michigan St
City ORLANDO
MLS Area 32806 - Orlando/Delaney Park/Crystal Lake
Lot Size Units Square Feet
Lot Size Square Feet 4668
Listing Terms Cash Conventional
Tax Annual Amount 3485.26
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6390393
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 31
Legal Description E 50 FT OF W 150 FT OF S 150 FT OF NW1/4OF SE1/4 (LESS ST RD R/W) OF SEC 01-23-29
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Flooring Luxury Vinyl
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows
Total Baths 0
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Exterior
Parking Features 1 to 5 Spaces Electric Vehicle Charging Station(s)
Lot Features Corner Lot
Water Source Public
Lot Size Area 4668
Foundation Details Crawlspace
Number of Buildings 2
Building Area Total 1420
Lot Size Acres 0.11
Road Surface Type Asphalt
Waterfront Y/N false
Number of Separate Water Meters 1
Number of Separate Electric Meters 1
Road Frontage Type City Street
Number of Lots 1
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Merdian Realty Llc

Broker

info@taxdeedpro.com

Email

Affordability Calculator

$3,982
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,691
Monthly Property Taxes
$290
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2026$599,500 Listed Price

Map


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705 E MICHIGAN STREET, Orlando, FL, 32806 is a Commercial Property for sale at $599,500 with 758 sqft and a lot size of 0.11. 705 E MICHIGAN STREET was built in 1940. The property's zip code is 32806 which is in Orlando, FL