Stacie Tatum
Price Reduced 1.60%
Price History
$599,500
3/12/2026
$589,900
4/3/2026
705 E MICHIGAN STREET, Orlando, FL, 32806
1940
758 sqft
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.
Status:
Active
Type:
Commercial
Complex:
ACREAGE
Garage:
1 to 5 Spaces, Electric Vehicle Charging Station(s)
Heating:
Central, Electric
Cooling:
Central Air, Zoned
Energy Features:
Water Heater
Levels:
1
Acreage:
0.11
Est. Taxes:
$3,485
Construction
Wood Frame
Utilities
Public, Water Connected
Lot Description:
Corner Lot
Days on Market:
22
Appliances:
Microwave, Refrigerator
MLS #:
O6390393
Community Info
School Info
Walk Score
Yelp
Listing courtesy of MERDIAN REALTY LLC 407-230-8093