Property
ActiveCommercial
1/18
$549,000

705 E MICHIGAN STREET

Orlando, FL 32806
0
Beds
0
Baths
758
SqFt
0.11
Acres
STELLAR
#O6390393
Updated: Jun 29, 2026, 11:08am

Property Description

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 over 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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Included Appliances
MicrowaveRefrigerator

Property Details

Interior
Appliances
MicrowaveRefrigerator
Building Area Total
1420
Cooling
Central AirZoned
Flooring
Luxury Vinyl
Green Energy Efficient
Water Heater
Heating
CentralElectric
Living Area
758
Window Features
Insulated Windows
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Wood Frame
Direction Faces
South
Foundation Details
Crawlspace
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
MetalShingle
Stories Total
Yes
Year Built
1940
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Features
Corner Lot
Lot Size Acres
0.11
Lot Size Area
4668
Lot Size Square Feet
4668
Lot Size Units
Square Feet
Number Of Lots
Yes
Number Of Separate Electric Meters
Yes
Number Of Separate Water Meters
Yes
Other Structures
Garage(s)
Parking Features
1 to 5 SpacesElectric Vehicle Charging Station(s)
Public Survey Range
29
Public Survey Section
01
Road Frontage Type
City Street
Road Responsibility
Public Maintained Road
Road Surface Type
Asphalt
Sewer
Septic Tank
Total Acreage
0 to less than 1/4
Utilities
PublicWater Connected
Water Source
Public
Zoning
C-1
Financials
Calculated List Price By Calculated Sq Ft
386.62
Contract Status Change Date
2026-03-12
Current Price
549000
Feed Types
BBO
Owner Name
WHOLESALE PREMIUM PROPERTIES LLC
Ownership
Corporation
Parcel Number
012329000000031
Public Survey Township
23
Tax Annual Amount
3485.26
Tax Block
00
Tax Book Number
00
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 Lot
31
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32806 - Orlando/Delaney Park/Crystal Lake
Subdivision Name
ACREAGE
Listing provided courtesy of STELLAR via IDX. Updated: Jun 29, 2026, 11:08am.
Matt Merdian

Listing Agent

MERDIAN REALTY LLC

Call Agent