$750,000

712 Florida Avenue

SAINT CLOUD FL, 34769

Description

REDUCED!!! MULTI-FAMILY INCOME PROPERTY located in OPPORTUNITY ZONE and vastly growing area. Currently 100% rented with annual occupancy approx. at 98%. GREAT INCOME PROPERTY. Located within short walking distance from Historic Downtown Saint Cloud makes it a very desirable for renters. Only 7 blocks from lakefront with restaurant and public beach. This historic gem used to be one of the first hotels in Saint Cloud. Property has a new roof (2017 Main Building & 2019 Side Building), updated stairs and balcony, it gets regularly inspected and sprayed. This property is zoning may allow one additional unit to be added bringing the apartment count to 9 total. CASH FLOW PROPERTY!

Details

MLS#S5019235
StyleIndustrial
Sub-TypeResale
StatusActive
Year1924
Days On Site186

Features

SQ Feet7,434
Story(s)1
Units8
ZoningSR2

Market Activity 34769

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Area Information

StateFL
CountyOsceola
CitySAINT CLOUD
Zip Code34769
Area34769 - St Cloud (City of St Cloud)
Listing VS Median (in 34769)
Price:
$750,000
low | high
Med:
$199,999
100% of Average
SqFt:
7,434
low | high
Med:
1,593
100% of Average
$ / SqFt:
$101
low | high
Med:
$144
7.062471249796% of Average
On Site:
186
low | high
Med:
64.500000
100% of Average
Listing Updated: 12/13/2019
MLS Number: S5019235
Listing Provided By:
Margus Mahar  of  DYNAMIC REALTY LLC

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