884 E MICHIGAN STREET
Orlando, FL 32806
$1,615,000
*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Drive. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and business or commercial parking spaces. Enhance your annual ROI with tens of thousands in *Passive Rental Income* from the 2 single family residences included in the purchase. Or get really creative by tearing down and re-zoning to 2 50-foot by 140-foot home sites, noting that new zoning has been proposed which would allow heights soaring 2 or 3 stories. *More Passive Income* via stacked billboards also included in this offering. Great location with multiple income stream potential - a unique investment opportunity that will likely not last long. This property is zoned for Blankner and Boone schools. Notice: prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. Contact us today for a copy of our Offering Memorandum or to schedule your visit.
Listing Courtesy of: JR REALTY GROUP LLC
407-920-4624
| Listing Id: | O6429402 |
|---|---|
| List Price: | $1,615,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 2 |
| Living Area: | 3,258 |
| Tax Annual Amount: | $9,566 |
| Lot Size Square Feet: | 24,572 |
| Lot Size Acres: | 0.56 |
| Waterfront?: | No |
| City: | Orlando |
| County Or Parish: | Orange |
| Subdivision Name: | Weidows Sub |
| Postal Code: | 32806 |
| Year Built: | 1982 |
| Appliances: | None |
| Bathrooms Total Integer: | 2 |
| Building Area Source: | Public Records |
| Building Area Total: | 4282 |
| Building Area Units: | Square Feet |
| Carport Spaces: | 1 |
| Carport?: | Yes |
| Direction Faces: | East |
| Foundation Details: | Slab |
| Construction Materials: | Block, Stucco |
| Cooling: | Other |
| Directions: | Follow I-4 to W Michigan St in Orlando. Head East on W Michigan St, which turns into E Michigan St after passing the intersection at Orange Ave. Continue heading East on E Michigan St and the destination will be on your right at the corner of Michigan St and Keystone Dr. |
| Exterior Features: | Other |
| Flooring: | Other |
| Furnished: | Unfurnished |
| Heating: | Other |
| Interior Features: | Other |
| Laundry Features: | Other |
| Levels: | One |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.56 |
| Lot Size Dimensions: | 140x176 |
| MLS Area Major: | 32806 - Orlando/Delaney Park/Crystal Lake |
| MLS Area Major: | 32806 - Orlando/Delaney Park/Crystal Lake |
| Original List Price: | $1,615,000 |
| Parcel Number: | 01-23-29-9084-00-010 |
| Township: | 23 |
| Road Surface Type: | Asphalt |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected |
| Water Source: | None |
| Public Survey Range: | 29 |
| Public Survey Section: | 01 |
| Zoning: | C-1 |
| Additional Lease Restrictions: | Check with Orange County for any lease restrictions. |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 397.81 |
| Calculated List Price By Calcula: | 495.70 |
| Cddyn: | No |
| Currency Monthly Rent Amt: | 1900.00 |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6429402?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6429402?w=Customer |
| Dpryn: | No |
| Exist Lse Tenant Yn: | Yes |
| Flood Zone Code: | X |
| Flood Zone Date: | 2009-09-25 |
| Flood Zone Panel: | 12095C0265F |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | Yes |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 302.68 |
| Lot Size Square Meters: | 2283 |
| Minimum Lease: | 1-2 Years |
| Month To Month Or Weekly Yn: | Yes |
| Room Count: | 5 |
| Sdeo yn: | No |
| Total Acreage: | 1/2 to less than 1 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Road Responsibility: | Public Maintained Road |
| Association 2 Yn: | 0 |
| Attribution Contact: | 407-920-4624 |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| In Law Suite Yn: | No |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-07-30 |
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Property Last Updated: October 21, 2026 01:26 AM - ET
