O5433962 712 FLORIDA AVE, SAINT CLOUD, FL 34769

County: Osceola Status: Active
Style: Apartments
Ownership: Corporation
Availability: For Sale
List Price: $600,000
Year Built: 1924
Location: Historic District, In City Limits, Street Paved
LP/SqFt: $89.39 Special Sale: None
Net Leasable SqFt: 6,712
New Construction: No
ADOM: 215
CDOM: 215
SqFt Heated: 6,712
SqFt Gross: 7,578

NOW WITH BRAND NEW 9th UNIT!!! NEW ROOF & NEW EXTERIOR PAINT!! MOST UNITS HAVE NEW OR NEWER LAMINATE FLOORING. Added cash flow from 9th apartment will make this property one of the best producers in area. 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.
Land, Site, and Tax Information
SE/TP/RG: 1-26-30
Tax ID: 01-26-30-0001-0070-0040
Taxes: $3,531.00
Auction Firm/Auction Website:
Zoning: SR2
Tax Year: 2015
Block/Parcel: 70
Lot #: 4
Book/Page: B-34
Legal Desc: ST CLOUD PB B PG 34 BLK 70 LOTS 4 THRU 6 2/26/30
Road Frontage: County Road
Add Parcel: No
Mill Rate: 19.9480
Utilities Data: City Water, Electric, Public Sewer
Parking: 13 to 18 Spaces
Lot Dimensions: 75x150
Lot Size Acres: 0.26
Lot Size SqFt: 11,238
Water Access: Lake
Waterfront Ft: 0
Water Name: EAST LAKE TOHOPEKALIGA
Interior Information
A/C: Wall Units/Window
Total Number of Buildings: 2
Ceiling Height: 8 to 9 Feet
Heat/Fuel: Fuel - Electric, Fuel - Gas Bottled, Wall Units / Window Unit
Exterior Information
Ext Construction: Siding
Roof Construction: Metal
Income and Expense
Annual Net Income: 51,844.00
Annual Expenses: 13,325
Net Operating Income: 64,915