705 E Michigan Street Orlando, FL 32806
For Sale MLS# O6390393
758 sq ft Commercial
Details for 705 E Michigan Street
MLS# O6390393
Description for 705 E Michigan Street, Orlando, FL, 32806
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.
Listing Information
Property Type: Commercial, Office
Status: Active
Lot Size: 0.11 Acres
Square Feet: 758 sq ft
Year Built: 1940
Stories: 1 Story
Construction: Wood Frame
Construction Display: New Construction
Subdivision: Acreage
Foundation: Crawlspace
County: Orange
Construction Status: New Construction
Interior Features
Appliances: Microwave, Refrigerator
Flooring: Luxury Vinyl
Basement: Crawl Space
Doors/Windows: Insulated Windows
Utilities
Water: Public
Sewer: Septic Tank
Other Utilities: Municipal Utilities,Water Connected
Cooling: Central Air, Zoned
Heating: Central, Electric
Exterior / Lot Features
Parking Description: Electric Vehicle Charging Station(s), Parking Space(s)
Roof: Shingle, Metal
Additional Exterior/Lot Features: Corner Lot
Out Buildings: Garage(s)
Driving 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 St
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 01-23-29-0000-00-031
Tax Amount: 3485.26
Tax Year: 2025
A broker reciprocity listing courtesy: MERDIAN REALTY LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 705 E Michigan Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 705 E Michigan Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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