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5550 Michigan St

Orlando, FL 32822

2 bd 2 ba 1,107 sqft Built 2005 Lot 385,506 sqft condos
Most recent sale
$241,500
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $241,500 MLS #O6013801
Mar 30, 2022 Listed $240,000 MLS #O6013801
Jun 16, 2005 Sold $209,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $106,240 $26,560 $132,800 $2,444
2020 $87,169 $765
2019 $85,209 $775
2018 $83,620 $756
2017 $65,520 $16,380 $81,900 $732
2016 $60,880 $15,220 $76,100 $1,494
2015 $66,607 $1,423
2014 $60,552 $1,347
2013 $55,047 $1,110
2012 $50,043 $1,003
2011 $47,299 $953
2010 $44,280 $870
2009 $52,675 $1,015
2008 $122,500 $2,247

Property facts

Year built
2005
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,107 sqft
Lot size
385,506 sqft
ZIP code
32822
City
Orlando
Street
Michigan St
Coordinates
28.51368, -81.31280

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,048
Gross rental yield
10.18%
Implied cap rate
6.61%
Trend-extrapolated value

Frequently asked questions

When did 5550 Michigan St last sell?
5550 Michigan St most recently sold on Apr 28, 2022 for $241,500.
What is the current tax assessment for 5550 Michigan St?
The most recent total assessment for 5550 Michigan St (year 2022) is $132,800 with $2,444 in property tax.
How does 5550 Michigan St's assessment compare to its last sale price?
The current assessment is 45.0% below the last sale price of $241,500.
When was 5550 Michigan St built?
5550 Michigan St was built in 2005.
How does 5550 Michigan St compare to others on Michigan St?
We track 8 other properties on Michigan St. Browse the list under "Other properties on Michigan St" to compare beds, baths, and sale history.
What are the property facts for 5550 Michigan St?
5550 Michigan St is a 2 bed, 2 bath, 1,107 sqft, 385,506 sqft lot condos.
Is 5550 Michigan St a flip candidate?
No — 5550 Michigan St does not appear in our flips dataset.
Is 5550 Michigan St a tax-appeal candidate?
No — 5550 Michigan St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$299K
2026 Q4
$299K
ZIP 32822 — Median Price History + Forecast

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