712 Florida Avenue
Saint Cloud, Florida 34769
MLS #O5386521

Multi-Family
  • 8units
$600,000
Est. P&I payment: $2291.59/mo
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Description for 712 Florida Avenue, Saint Cloud, Florida 34769
NEW ROOF & NEW EXTERIOR PAINT!! MOST UNITS HAVE NEW OR NEWER LAMINATE FLOORING. All units stay rented easily. This property is zoned up to 10 units total. Property is qualified as Sec 8 housing and most apartments have already been inspected and upgraded to comply. Located only 7 blocks from lake front and beach, or only 4 blocks from historic downtown area, talking about LOCATION, LOCATION, LOCATION. As a bonus feature, the Property is located within Saint Cloud historic district, as it was the first HOTEL in Saint Cloud, which means possible grant funding availability.
MLS #O5386521
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My Notes for MLS #O5386521

General Features

  • Property Type: Income
  • Property Style: Five or More
  • Lot Num: 4
  • Special Listing Type: Variable Commission
  • Special Sale Provision: None
  • Year Built: 1924
  • Total Num Buildings: 2
  • Total Units: 8

Exterior Features

  • Architectural Style: Florida
  • Exterior Construction: Wood Frame
  • Exterior Features: Balcony/Sun Deck,​Open Patio,​Sidewalk
  • Roof: Metal
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11,238
  • Lot Dimensions: 75x150
  • Garage Carport: None
  • Garage Features: Open Parking,​Street Parking
  • Pool: None
  • Porches: Y
  • Sidewalk YN: 1
  • Water Access YN: 1
  • Water Access: Lake
  • Water Name: EAST LAKE TOHOPEKALIGA

Interior Features

  • Sq Ft Heated: 5,812
  • Square Foot Source: Public Records
  • Num 1 Bed 1 Bath: 8

Utility Features

  • Utilities: Cable Available,​City Water,​Electric,​Fire Hydrant,​Public Sewer,​Street Lights
  • Air Conditioning: Wall Units/Window
  • Appliances Included: Hot Water Gas,​Microwave,​Refrigerator
  • Heating and Fuel: Wall Units / Window Unit

Financial Features

  • Taxes: 4,706
  • Tax Year: 2016
  • HOA Common Assn: None
  • Total Monthly Expenses: 1,110
  • Total Monthly Rent: 6,520
  • Annual Expenses: 13,325
  • Annual Gross Income: 78,240
  • Annual Net Income: 64,915
  • Avg Rent Efficiency: 815
  • Avg Rent 1 Bed 1 Bath: 670
  • Lease Terms: 1 to 2 Years,​Annual Rate Increase,​Tenant Pays Electric,​Tenant Pays Sewer
  • Financial Source: Owner
  • Financing Available: Cash

Community Features

  • County: Osceola
  • Township: 26
  • Legal Subdivision Name: ST CLOUD
  • Location: Historic District,​In City Limits,​Sidewalk,​Street Paved
  • Housing For Older Persons: N/A

Miscellaneous Features

  • Legal Description: ST CLOUD PB B PG 34 BLK 70 LOTS 4 THRU 6 2/26/30
  • Block Parcel: 70
  • Parcel Number: 01-26-30-0001-0070-0040
  • Plat Book Page: B-34
  • Range: 30
  • Zoning: SR2

Location

 
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Directions to 712 Florida Avenue, Saint Cloud, Florida 34769
Drive East on Hwy 192 to Florida Ave in Saint Cloud. Make a right to head North on Florida Ave. Property is located on 7th Ave and Florida Ave cross section.
The listing information for 712 Florida Avenue, Saint Cloud, Florida 34769 was graciously provided by our friends at the listing brokerage, JC Penny Realty LLC

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P&I Payment $2291.59
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Realty Professionals of Florida's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Realty Professionals of Florida, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Listing data provided by MFRMLS (My Florida Regional MLS)
Last Updated 08/23/2017 at 9:33am
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