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$600,000

1550 Michigan Ave Winter Park, FL 32789

0 beds
1,452 sqft
0.2 acres
$413 / sqft
Multi-Family

Property details

About 1550 Michigan Ave

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 you’re 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. Don’t miss your chance to invest in one of Central Florida’s most desirable neighborhoods!

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size1,452 sqft
Lot size0.16 Acres
Year built1947
MLS #S5126664

Virtual tour

Summary

  • Interior: Kitchen/Family Room Combo
  • Private Pool: No
  • Exterior: Other
  • Heating: Central
  • Cooling: Central Air
  • List Price: $600,000
  • Price/SqFt: $413
  • HOA Amount: $0
  • Annual Tax Amount: $4,507
  • Tax Year: 2023
  • Directions: From I4, exit on E. Par St, Left onto Clay St, right onto Michigan Ave
  • Year Built: 1947
  • Living Area: 1,452 SqFt
  • Lot Size: 0.16 Acres
  • MLS Number: S5126664
  • MLS Name: MFRMLS
  • Office Name: 407HUB REAL ESTATE LLC
  • Office Phone: (407) 574-8800
  • Listing Agent: Carolina Alfonzo

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 3:34:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
May 02, 2022
Home Sold
$175,100

Tax history

YearAssessmentProperty Tax
2023$270,766$4,507
2022$65,365$760
2021$63,461$760
2020$62,585$749
2018$60,037$715
2017$58,802$702

History based on county public records data.

Nearby schools

6

Killarney Elementary School

Public District PK-5

0.9 mi

2401 Wellington Blvd

8

Princeton Elementary School

Public District KG-5

1.4 mi

311 W Princeton St

6

Hungerford Elementary School

Public District PK-5

1.9 mi

230 S College Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $28,511. The majority of Winter Park, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

57%
<35k
24%
35k-100k
19%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

76%
Single, No Kids
4%
Single, with Kids
14%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
3%
12-17 yrs old
24%
18-34 yrs old
41%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • SoccerSoccer

Where do the neighbors shop?

  • Chico'sChico's
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • MazdaMazda

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1550 Michigan Ave

The listing price of 1550 Michigan Ave property is $600,000.

The property 1550 Michigan Ave is a multi located in Winter Park, Florida, 32789.

Active Listing: 1550 Michigan Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1550 Michigan Ave are: Killarney Elementary School (GreatSchools Rating 6/10), Princeton Elementary School (GreatSchools Rating 8/10), Hungerford Elementary School (GreatSchools Rating 6/10), College Park Middle School (GreatSchools Rating 2/10), Orlando Gifted Academy (GreatSchools Rating 10/10), Audubon Park School (GreatSchools Rating 9/10), Edgewater High School (GreatSchools Rating 4/10), Ocvs Virtual Franchise (GreatSchools Rating 6/10), Orlando Science Middle High Charter (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $4,507 (source: MLS/based on county public records data).

The last sale was on May 2, 2022 for $175,100 (source: MLS/tax record).

The property 1550 Michigan Ave is 1,452 SqFt (source: MLS/tax record).

The year of construction for 1550 Michigan Ave is 1947.

This home is located at 1550 Michigan Ave in Winter Park, FL and zip code 32789 in the Fairview Shores neighborhood. This 1,452 square foot home, which was built in 1947, sits on a 0.16 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $600,000.

Over 7 listings were sold over their listed price in June 2025 in Winter Park, FL. In the same period over 58 listings were sold below the listed price and 19 listings were sold for the listed price. The number of listings in Winter Park, FL decreased by 5% between May and June 2025. The median list price of listings available in June 2025 was $460,000, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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