$475,000
PENDING

Estimated payment $2,880/month

Total Views 10,232
4 Beds
4 Baths
1,768 Sq Ft
$269 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • No HOA
  • Rear Porch
  • Main Floor Primary Bedroom
  • Oversized Lot
  • Screened Patio

About This Home

Under contract-accepting backup offers. Excellent investment opportunity offering an attractive cap rate and immediate cash flow. This fully leased, recently renovated duplex is located in a desirable Saint Cloud corridor less than one block from the Lake Tohopekaliga recreation trail and on the same street as Lakeside Elementary—an area with strong long-term rental demand. Both units were extensively updated in 2023 with improvements including full interior repaint, new flooring, updated bathrooms, new vanities, mirrors, backsplashes, new lighting and fixtures, new window shades, new kitchen appliances, and refreshed laundry room components. Additional upgrades include installation and wiring of new bathroom vent/light combos, replacement of the water heater temperature relief valve, and multiple time-and-materials enhancements. Exterior improvements include a new roof. The duplex is professionally managed, separately metered, and both tenants intend to stay—offering stable income from day one. The backyard is private with a small creek along the rear portion of the property, and each unit has ample parking. A hard-to-find opportunity: TWO updated 2/2 units with reliable tenants in a growing Central Florida submarket—positioned for both steady income and long-term portfolio growth.

Listing Agent

Dave Zembala

ZEMBALA GROUP Brokerage Phone: 407-234-9744 License #3235099 Listed on: 12/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,932

Year Built

  • Built in 1988

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x126
  • Oversized Lot
  • Additional Parcels

Parking

  • Driveway

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,768 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Solar Screens
  • Sliding Doors
  • Views of Woods

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Rear Porch

Schools

  • Lakeview Elementary School

Farming

  • Drainage Canal

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • St Cloud 2Nd Town Of Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Gross Income $43,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,932

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1768
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1988
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 10019
  • Number Of Lots: 2
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Status: Pending
  • Ownership: Fee Simple
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: S. Hiawassee Rd.
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 268.67
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 407-234-9744
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
  • Appliances Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 4
  • Window Features: Blinds, Solar Screens
  • Living Area Meters: 164.25

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Concrete
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12097C0095G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Utilities: BB/HS Internet Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric,Sewer,Trash,Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Lakeview Elem (K 5)

Lot Info

  • Zoning: SR2
  • Parcel Number: 01-26-30-0001-0510-0060
  • Additional Parcels: Yes
  • Lot Features: Drainage Canal, Oversized Lot, Paved
  • Lot Dimensions: 80x126
  • Flood Zone Code: AE

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: VERIFY WITH CITY OF SAINT CLOUD
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 43380
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4932.4
  • Tax Block: 510
  • Tax Book Number: B-61
  • Tax Lot: 5

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,932 $274,100 $70,000 $204,100
2024 $3,689 $275,900 $70,000 $205,900
2023 $3,689 $175,706 $0 $0
2022 $3,104 $199,200 $52,000 $147,200
2021 $2,758 $157,700 $40,000 $117,700
2020 $2,474 $134,400 $28,000 $106,400
2019 $2,281 $122,400 $26,100 $96,300
2018 $2,081 $109,100 $26,100 $83,000
2017 $2,038 $104,800 $26,100 $78,700
2016 $1,962 $100,000 $25,400 $74,600
2015 $1,883 $94,000 $25,400 $68,600
2014 $1,867 $92,700 $24,300 $68,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2026 01/13/26 Pending -- -- --
12/17/2025 12/17/25 For Sale $475,000 0.0% $269 / Sq Ft
02/27/2025 02/27/25 Rented $1,690 -0.6% --
02/16/2025 02/16/25 Under Contract -- -- --
02/06/2025 02/06/25 Price Changed $1,700 -2.8% $2 / Sq Ft
02/04/2025 02/04/25 Price Changed $1,749 -0.1% $2 / Sq Ft
01/12/2025 01/12/25 Price Changed $1,750 -2.0% $2 / Sq Ft
01/03/2025 01/03/25 Price Changed $1,785 -0.8% $2 / Sq Ft
12/26/2024 12/26/24 Price Changed $1,800 -1.4% $2 / Sq Ft
11/27/2024 11/27/24 Price Changed $1,825 -0.8% $2 / Sq Ft
11/19/2024 11/19/24 Price Changed $1,840 -1.9% $2 / Sq Ft
11/10/2024 11/10/24 For Rent $1,875 -1.3% --
08/20/2024 08/20/24 Rented $1,900 +1.3% --
08/17/2024 08/17/24 Under Contract -- -- --
08/12/2024 08/12/24 Price Changed $1,875 -5.1% $2 / Sq Ft
08/11/2024 08/11/24 Price Changed $1,975 +3.9% $2 / Sq Ft
08/07/2024 08/07/24 For Rent $1,900 0.0% --
08/05/2023 08/05/23 Rented $1,900 -5.0% --
08/03/2023 08/03/23 Under Contract -- -- --
07/20/2023 07/20/23 For Rent $2,000 0.0% --
07/19/2023 07/19/23 Off Market $2,000 -- --
07/12/2023 07/12/23 Price Changed $2,000 -4.8% $2 / Sq Ft
07/01/2023 07/01/23 For Rent $2,100 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 Encore Title
Warranty Deed $125,500 Stewart Approved Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,500 New Conventional
Source: Public Records

About the Listing Agent

Dave Zembala

ZEMBALA GROUP

(866) 884-5258

Section Image

Zembala Group; established in 2012 as a team and 2024 as a real estate brokerage, encourages and assists clients to identify, plan, and accomplish their dreams. We believe in a consultative approach. Each person and family is unique. Our motto; Help Love Inspire, guides us in business and life. When we let this lead, life works for us and those around us.

Dave has been in the real estate industry for 19 years (15 as a realtor/broker, 4 as a loan officer/mortgage broker). He has led his

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Source: Stellar MLS

MLS Number: O6365136

Stellar MLS

APN: 01-26-30-0001-0510-0060