657 (and 655) MINNESOTA AVENUE,Winter Park,Orange,Residential Income

$550,000
657 (and 655) MINNESOTA AVENUE, Winter Park, WINTER PARK

Overview

  • October 2, 2026
  • Updated On:
  • 48181
  • Property ID
  • 4
  • Bedrooms
  • 1,548 ft2
  • Property Size

Description

Under contract-accepting backup offers. A RARE WINTER PARK OPPORTUNITY—FIRST TIME OFFERED FOR SALE SINCE THE 1980s! Whether you are an INVESTOR looking to add a multi-family property to your portfolio, an INTELLIGENT BUYER dreaming of living in one unit while collecting rental income from the other, or someone with a BIGGER VISION for the future, 655 & 657 Minnesota Ave offer plenty of possibilities! Built in 1965 and situated on a 7,000 SQ FT LOT zoned R-2 MULTI-FAMILY with PUBLIC WATER & SEWER, this classic Florida duplex offers approximately 1,548 SQ FT OF LIVING SPACE and 2,188 TOTAL SQ FT UNDER ROOF. Each approximately 774-square-foot unit features 2 BEDROOMS, 1 BATH, its own COVERED CARPORT, and an INDOOR LAUNDRY/STORAGE ROOM with plenty of extra space for tools, bikes, and all the Florida-living essentials. ORIGINAL TERRAZZO FLOORS add vintage character with NO CARPET, while NEW EXTERIOR PAINT gives the property a fresh, modern feel! Several important improvements have already been addressed, including a WHOLE-HOUSE REPIPE completed in 2025, ROOF, & UPDATED ELECTRICAL. THE FRONT UNIT, 655 Minnesota Ave, is charming and currently occupied by a LONG-TERM TENANT who has called it home for approximately 13 YEARS—providing established rental income from day one. The REAR UNIT, 657 Minnesota Ave, became VACANT on August 30th and is ready for its next chapter! This unit offers an UPDATED KITCHEN with a BUILT-IN OVEN, GLASS-TOP RANGE, and newer refrigerator, along with THREE UPDATED MINI-SPLIT A/C UNITS—one serving the living area and 1 in each bedroom. Its indoor laundry room provides additional space for garden tools and storage, and the covered carport adds convenient off-street parking. Step outside and you will find another little slice of Florida potential! The rear unit enjoys direct access to the BACKYARD with a pavered patio practically begging for Adirondack chairs, string lights, and evenings spent enjoying FLORIDA OUTDOOR LIVING. For an owner-occupant, here’s where it gets interesting: MOVE INTO THE VACANT REAR UNIT while collecting rental income from the front. For an investor, the rear unit is ready to lease from day one, potentially creating a second income stream. Or, with R-2 MULTI-FAMILY ZONING, PUBLIC WATER & SEWER, and redevelopment already taking place throughout the surrounding area, explore what the future possibilities may hold for this 7,000-square-foot lot. What’s the #1 Rule in Real Estate? LOCATION, LOCATION, LOCATION: another reason this opportunity stands out! Enjoy convenient access to the heart of WINTER PARK, with PARK AVENUE’S celebrated shopping, dining, and entertainment, beautiful ROLLINS COLLEGE, and ADVENT HEALTH minutes away. Whether you’re thinking about long-term investment potential or looking for a place to call home, this amazing property location keeps you connected to so much of what makes Winter Park special. INVEST. LIVE. RENT. REIMAGINE. After more than four decades with the same ownership, opportunities like this don’t come along every day. Come discover 655 & 657 Minnesota Aveand start dreaming about what YOU could do with this unique Winter Park property!

Address: 657 (and 655) MINNESOTA AVENUE
State/County:
Zip: 32789
Country: United States

Property Id: 48181
Price: $550,000
Property Size: 1,548 ft2
Property Lot Size: 0 ft2
Bedrooms: 4
BathroomsTotalInteger: 2
BedroomsTotal: 4
BuildingAreaTotal: 2188
CarportSpaces: 2
ConstructionMaterials: Block
ContractStatusChangeDate: 2026-09-14
Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
Country: United States
CoveredSpaces: 2
CumulativeDaysOnMarket: 3
DaysOnMarket: 3
Directions: From I-4 - Take Par St Exit. Toward Orange Ave. Merge Left at the Fork and Turn Right onto Minnesota Ave. The property will be on your Left just past Azalea Lane Park and the tennis courts.
ElementarySchool: Audubon Park K8
FoundationDetails: Slab
Heating: Electric
HighSchool: Winter Park High
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
Latitude: 28.589733
LaundryFeatures: Inside
Levels: One
ListAOR: Orlando Regional
ListAgentAOR: Orlando Regional
ListAgentEmail: kasey@sellingthefldream.com
ListAgentFullName: Kasey Hilyard, PLLC
ListAgentKey: 21d2a5f983d7318c08f10e61c533647a
ListAgentMlsId: 224500688
ListAgentPreferredPhone: 407-488-9879
ListOfficeKey: 88d3305bd28cbeba24a672a1b77a6b08
ListOfficeMlsId: 261020095
ListOfficeName: PALM CIRCLE REALTY
ListPrice: 550000
ListOfficePhone: 352-988-4975
ListingContractDate: 2026-08-13
ListingId: O6434938
ListingTerms: Cash, Conventional, FHA, VA Loan
LivingArea: 1548
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
Longitude: -81.357685
LotSizeAcres: 0.16
LotSizeArea: 7000
LotSizeSquareFeet: 7000
LotSizeUnits: Square Feet
MLSAreaMajor: 32789 - Winter Park
MlsStatus: Pending
ModificationTimestamp: 2026-09-15T12:26:41.620Z
NumberOfBuildings: 2
OnMarketDate: 2026-09-11
OriginalEntryTimestamp: 2026-08-21T15:52:39.590Z
OriginalListPrice: 550000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 052230940099251
ParkingFeatures: Covered
PhotosChangeTimestamp: 2026-09-11T16:10:51.176Z
PhotosCount: 42
PostalCode: 32789
PostalCodePlus4: 4723
PriceChangeTimestamp: 2026-09-11T16:05:32.330Z
PropertyCondition: Completed
RoadSurfaceType: Paved
Roof: Shingle
Sewer: Public Sewer
SourceSystemKey: 803221355
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: 2026-09-15T12:26:41.620Z
StreetName: MINNESOTA
StreetNumber: 657 (and 655)
StreetNumberNumeric: 657
StreetSuffix: AVENUE
TaxAnnualAmount: 5192
TaxBlock: 99
TaxBookNumber: A-67
TaxLegalDescription: TOWN OF WINTER PARK A/67 & B/86 & MISC BOOK 3/220 THE S 140 FT OF LOT 25 BLK 99
TaxLot: 25
TaxYear: 2025
UnparsedAddress: 657 (and 655) MINNESOTA AVENUE
Utilities: Electricity Connected, Public
VirtualTourURLUnbranded:
WaterSource: Public
YearBuilt: 1965
Zoning: R-2

Other Features
1
Built-in Features
Built-In Oven
Cooktop
Dryer
Eating Space In Kitchen
Fenced
Has Carport
Has Cooling System
Has Heating System
Microwave
Refrigerator
Sidewalk
Washer

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$2,819.96
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,132.46

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