To schedule a showing of 705 E Michigan Street, Orlando, Florida, Call David Shippey at 863-521-4517 TODAY!
$559,500 | N/A beds | N/A full baths | N/A half baths | 758 sqft
Orlando, FL 32806
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- 758SqFt
- 1940Year Built
- 0.11Acres
- MLS# O6390393
- Commercial
- Office
- Active
- Approx Time on Market2 months, 22 days
- Area32806 - Orlando/delaney Park/crystal Lake
- CountyOrange
- Subdivision Acreage
Overview
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.
Agriculture / Farm
Association Fees / Info
Bathroom Info
Building Info
Window Features: InsulatedWindows
Roof: Metal, Shingle
Building Area Source: PublicRecords
Business Info
Buyer Compensation
Exterior Features
Financial
Gross Scheduled Income: 56,196
Net Operating Income: 45,251
Original Price: $599,500
Garage / Parking
Parking Features: ElectricVehicleChargingStations, ParkingSpaces
Green / Env Info
Interior Features
Floors: LuxuryVinyl
Appliances: Microwave, Refrigerator
Lot Info
Direction Remarks: 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
Number of Lots: 1
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Sqft: 4,668
Road Frontage Type: CityStreet
Lot Desc: CornerLot
Other
Other Structures: Garages
Special Conditions: None
Other Rooms Info
Basement: CrawlSpace
Property Info
Section: 01
Class Type: Office
Property Sub Type: Office
Property Condition: NewConstruction
Construction Materials: WoodFrame
Total Stories: 1
Foundation: Crawlspace
Human Modified: Yes
Sqft Info
Sqft: 758
Bulding Area Sqft: 1,420
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,025
Tax Lot: 31
Tax 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
Tax Block: 00
Tax Annual Amount: 3485.26
Tax Book Number: 00
Unit Info
Utilities / Hvac
Heating: Central, Electric
Water Source: Public
Sewer: SepticTank
Cool System: CentralAir, Zoned
Cooling: Yes
Heating: Yes
Utilities: MunicipalUtilities, WaterConnected
Waterfront / Water
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 StThis listing courtesy of Merdian Realty Llc
MLS# S5146528 
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MLS IDX data last updated on 06-04-2026 1:54 PM EST.
If you have any questions on 705 E Michigan Street, Orlando, Florida, please call David Shippey at 863-521-4517.
MLS# O6390393 located at 705 E Michigan Street, Orlando, Florida is brought to you by David Shippey REALTOR®
705 E Michigan Street, Orlando, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 705 E Michigan Street, Orlando, Florida is O6390393.
The price for 705 E Michigan Street, Orlando, Florida is $559,500.
The status of 705 E Michigan Street, Orlando, Florida is Active.
The subdivision of 705 E Michigan Street, Orlando, Florida is Acreage.
The home located at 705 E Michigan Street, Orlando, Florida was built in 2026.