657 (and 655) MINNESOTA AVENUE Winter Park, FL $ 550,000
657 (and 655) MINNESOTA AVENUE
$ 550,000
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657 (and 655) MINNESOTA AVENUE

Winter Park, FL, 32789
$ 550,000
Bedrooms4 Baths2.0 Sq 1,548

Monthly Estimate*

$ 3,799

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Multi-Family Home for sale in Winter Park, FL

for $550,000 with 4 bedrooms and 2 full baths. This 1,548 square foot home was built in 1965 on a lot size of 0.16.

Under contract-accepting backup offers. A RARE WINTER PARK OPPORTUNITY—FIRST TIME OFFERED FOR SALE SINCE THE 1980s! Whether you are an INVESTOR looking to add a multi-family property to your portfolio, an INTELLIGENT BUYER dreaming of living in one unit while collecting rental income from the other, or someone with a BIGGER VISION for the future, 655 & 657 Minnesota Ave offer plenty of possibilities! Built in 1965 and situated on a 7,000 SQ FT LOT zoned R-2 MULTI-FAMILY with PUBLIC WATER & SEWER, this classic Florida duplex offers approximately 1,548 SQ FT OF LIVING SPACE and 2,188 TOTAL SQ FT UNDER ROOF. Each approximately 774-square-foot unit features 2 BEDROOMS, 1 BATH, its own COVERED CARPORT, and an INDOOR LAUNDRY/STORAGE ROOM with plenty of extra space for tools, bikes, and all the Florida-living essentials. ORIGINAL TERRAZZO FLOORS add vintage character with NO CARPET, while NEW EXTERIOR PAINT gives the property a fresh, modern feel! Several important improvements have already been addressed, including a WHOLE-HOUSE REPIPE completed in 2025, ROOF, & UPDATED ELECTRICAL. THE FRONT UNIT, 655 Minnesota Ave, is charming and currently occupied by a LONG-TERM TENANT who has called it home for approximately 13 YEARS—providing established rental income from day one. The REAR UNIT, 657 Minnesota Ave, became VACANT on August 30th and is ready for its next chapter! This unit offers an UPDATED KITCHEN with a BUILT-IN OVEN, GLASS-TOP RANGE, and newer refrigerator, along with THREE UPDATED MINI-SPLIT A/C UNITS—one serving the living area and 1 in each bedroom. Its indoor laundry room provides additional space for garden tools and storage, and the covered carport adds convenient off-street parking. Step outside and you will find another little slice of Florida potential! The rear unit enjoys direct access to the BACKYARD with a pavered patio practically begging for Adirondack chairs, string lights, and evenings spent enjoying FLORIDA OUTDOOR LIVING. For an owner-occupant, here's where it gets interesting: MOVE INTO THE VACANT REAR UNIT while collecting rental income from the front. For an investor, the rear unit is ready to lease from day one, potentially creating a second income stream. Or, with R-2 MULTI-FAMILY ZONING, PUBLIC WATER & SEWER, and redevelopment already taking place throughout the surrounding area, explore what the future possibilities may hold for this 7,000-square-foot lot. What’s the #1 Rule in Real Estate? LOCATION, LOCATION, LOCATION: another reason this opportunity stands out! Enjoy convenient access to the heart of WINTER PARK, with PARK AVENUE'S celebrated shopping, dining, and entertainment, beautiful ROLLINS COLLEGE, and ADVENT HEALTH minutes away. Whether you're thinking about long-term investment potential or looking for a place to call home, this amazing property location keeps you connected to so much of what makes Winter Park special. INVEST. LIVE. RENT. REIMAGINE. After more than four decades with the same ownership, opportunities like this don't come along every day. Come discover 655 & 657 Minnesota Aveand start dreaming about what YOU could do with this unique Winter Park property!

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Multi-Family Contingent

Price

$ 550,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,192

Style

Duplex

Lot Size

0.16

Year Built

1965

Town/City

Winter Park

County/Region

Orange

MLS | Web ID

O6434938

Features
General
Sewer Public Sewer
Heating Electric
Cooling Mini-Split Unit(s) Wall/Window Unit(s)
Utilities Electricity Connected Public
Roof Shingle
Appliances Built-In Oven Cooktop Dryer Microwave Refrigerator Washer
Zoning R-2
Construction Materials Block
Year Built 1965
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Orange
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name WINTER PARK
Garage Y/N false
Status Pending
Directions From I-4 - Take Par St Exit. Toward Orange Ave. Merge Left at the Fork and Turn Right onto Minnesota Ave. The property will be on your Left just past Azalea Lane Park and the tennis courts.
High School Winter Park High
City WINTER PARK
Senior Community Y/N false
MLS Area 32789 - Winter Park
Lot Size Units Square Feet
Lot Size Square Feet 7000
Carport Spaces 2
Carport Y/N true
Listing Terms Cash Conventional FHA VA Loan
Elementary School Audubon Park K8
Land Lease Y/N false
Tax Annual Amount 5192
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.zillow.com/view-imx/47bfee72-e8ee-4385-ab6c-0227a58138d6?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Tax Lot 25
Legal Description TOWN OF WINTER PARK A/67 & B/86 & MISC BOOK 3/220 THE S 140 FT OF LOT 25 BLK 99
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Y
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Interior
Interior Amenities Built-in Features Eating Space In Kitchen
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Fenced Sidewalk
Parking Features Covered
Water Source Public
Lot Size Area 7000
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 2188
Lot Size Acres 0.16
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Palm Circle Realty

Broker

kasey@sellingthefldream.com

Email

Affordability Calculator

$4,231
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,799
Monthly Property Taxes
$433
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Elementary School
0 Middle School
Winter Park High High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2026$550,000 Listed Price

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657 (and 655) MINNESOTA AVENUE, Winter Park, FL, 32789 is a Multi-Family Home for sale at $550,000 with 1,548 sqft and a lot size of 0.16. 657 (and 655) MINNESOTA AVENUE has 4 bedrooms, 2.0 baths, and was built in 1965. The property's zip code is 32789 which is in Winter Park, FL