657 & 655 Minnesota Avenue
Winter Park, FL 32789
Pending in 3 Days! : $550,000
657 & 655 Minnesota Avenue
Seller is offering 2.5% compensation to buyer’s agents!
4 Beds
2 Baths
Duplex
R-2 Zoning
1,548 SqFt
Lot 7,000 SqFt
Year Built: 1965
FIRST TIME OFFERED FOR SALE SINCE THE 1980s!
A RARE WINTER PARK OPPORTUNITY—Whether you are an INVESTOR looking to add a multi-family property to your portfolio, a 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 extras. ORIGINAL TERRAZZO FLOORS add VINTAGE CHARACTER with NO CARPET, while NEW EXTERIOR PAINT gives the property a fresh, modern look.
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 and currently pays $1,450 per month—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 2 others 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 area 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, prepare and lease the rear unit to potentially create 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!
Floor Plans
Featured Video
Please Join Us For An
Open house
Sunday, September 13, 2026 12 PM – 3 PM
Request Info:
657 & 655 Minnesota Avenue
By providing your contact information, you agree to our Legal Disclaimers and consent to receive marketing communications via calls, texts, and emails. Consent is not required for purchases, and you can opt out anytime.
Listed by: Palm Circle Realty 352-988-4975. Listing information ©My Florida Regional MLS DBA Stellar MLS 2026. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties displayed may be listed or sold by various participants in the MLS.
Data services provided by IDX Broker