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Accepting backups
  • $550,000

    657 (and 655) MINNESOTA AVENUE, WINTER PARK, FL 32789

    4beds
    2baths
    1,548sqft
    : 
    $3,935/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $355/sqft
    $-- HOA

    What's special

    Covered carport
    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!
    21 days
    683
    67

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kasey Hilyard, PLLC 407-488-9879,

    PALM CIRCLE REALTY 352-988-4975

    Source: Stellar MLS,MLS#: O6434938MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Electric
      Cooling
      • Ductless, Wall/Window Unit(s)
      Appliances
      • Included: Oven, Cooktop, Dryer, Microwave, Refrigerator, Washer
      • Laundry: Inside
      Features
      • Built-in Features, Eating Space In Kitchen
      • Has fireplace: No
      Interior area
      • Total structure area: 2,188
      • Total interior livable area: 1,548 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Covered
      • Carport spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Sidewalk
      • Fencing: Fenced
      Lot
      • Size: 7,000 Square Feet
      Details
      • Parcel number: 052230940099251
      • Zoning: R-2
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1965

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Public

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: WINTER PARK
      HOA
      • Has HOA: No
      Location
      • Region: Winter Park

      Financial & listing details

      • Price per square foot: $355/sqft
      • Tax assessed value: $306,261
      • Annual tax amount: $5,192
      • Date on market: 9/11/2026
      • Cumulative days on market: 20 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/11/2026Listed for sale$550,000$355/sqft
        Source: Stellar MLS #O6434938 Report a problem
        5/29/2025Listing removed$1,665$1/sqft
        Source: Zillow Rentals Report a problem
        5/20/2025Price change$1,665-0.6%$1/sqft
        Source: Zillow Rentals Report a problem
        5/10/2025Price change$1,675-0.6%$1/sqft
        Source: Zillow Rentals Report a problem
        4/10/2025Price change$1,685-0.6%$1/sqft
        Source: Zillow Rentals Report a problem
        3/8/2025Listed for rent$1,695-2.6%$1/sqft
        Source: Zillow Rentals Report a problem
        4/20/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/10/2024Price change$1,740-0.6%$1/sqft
        Source: Zillow Rentals Report a problem
        4/2/2024Price change$1,750-5.4%$1/sqft
        Source: Zillow Rentals Report a problem
        3/28/2024Price change$1,850-3.9%$1/sqft
        Source: Zillow Rentals Report a problem
        3/19/2024Price change$1,925-1.3%$1/sqft
        Source: Zillow Rentals Report a problem
        1/18/2024Listed for rent$1,950+6%$1/sqft
        Source: Zillow Rentals Report a problem
        3/23/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/14/2023Price change$1,840-1.1%$1/sqft
        Source: Zillow Rentals Report a problem
        3/6/2023Price change$1,860-0.3%$1/sqft
        Source: Zillow Rentals Report a problem
        2/27/2023Price change$1,865-0.5%$1/sqft
        Source: Zillow Rentals Report a problem
        2/22/2023Price change$1,875-1.1%$1/sqft
        Source: Zillow Rentals Report a problem
        1/28/2023Listed for rent$1,895+51.6%$1/sqft
        Source: Zillow Rentals Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        10/30/2019Listing removed$1,250$1/sqft
        Source: Owner Report a problem
        10/28/2019Listed for rent$1,250$1/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,905 +5.8%$303,779 +10%
        2023$4,636 +19.5%$276,163 +10%
        2022$3,879 +1.4%$251,057 +3.5%
        2021$3,825 +6.5%$242,495 +8.4%
        2020$3,590 -2.9%$223,787 -1.3%
        2019$3,698 +1%$226,667 +4.7%
        2018$3,662 $216,576 +0.7%
        2017$3,662 +6.5%$215,042 +0.5%
        2016$3,440 +4.9%$214,015 +1.6%
        2015$3,280 +21.6%$210,626 +32.7%
        2014$2,698 +8.3%$158,755 +5.6%
        2013$2,490 +15.3%$150,403 +23%
        2012$2,159 -0.8%$122,251 -0.5%
        2011$2,177 -0.6%$122,808 -3.6%
        2010$2,189 $127,438 -23.5%
        2009-- $166,498 -22.8%
        2008$3,536 -8.1%$215,764 -8.7%
        2007$3,847 -9%$236,291 0%
        2006$4,226 +1.2%$236,310 +4.6%
        2005$4,175 +49.7%$225,968 +47.9%
        2004$2,790 +7%$152,816 +3.4%
        2003$2,608 +21.7%$147,781 +21.6%
        2002$2,144 +0.9%$121,540 +2.2%
        2001$2,125 +0.2%$118,902 +1%
        2000$2,122 $117,677
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32789

        Getting around

        87 / 100
        Very Walkable
        37 / 100
        Some Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Audubon Park K8
        • High: Winter Park High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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