$683,000
$12K PRICE DROP

Estimated payment $3,739/month

Total Views 7,382
4 Beds
3 Baths
2,315 Sq Ft
$295 Price per Sq Ft

Highlights

  • Guest House
  • Main Floor Primary Bedroom
  • No HOA
  • 0.52 Acre Lot
  • Stone Countertops
  • Eat-In Kitchen

About This Home

Exceptional Investment Opportunity – Fully Occupied, $63K NET Annual Income

This income-producing property offers a stable $63,000 net annual income with 100% occupancy, making it an ideal opportunity for investors seeking reliable cash flow. Strategically located in a high-demand area, this asset attracts quality tenants and ensures minimal vacancy risk. This turnkey investment requires no immediate maintenance, allowing for seamless ownership. MOTHER IN LAW suite at the back generating additional rental income.

**Additionally, the property sits on two parcels with possibilities of extension or new construction.**

Don’t miss the chance to acquire a high-performing asset. Contact us today for more information.

All information provided is deemed reliable but not guaranteed and should be independently verified by the buyer's broker.

Listing Agent

Christopher Rivera

LA ROSA REALTY LLC Brokerage Phone: 321-939-3748 License #3484310 Listed on: 02/22/2025

LA ROSA REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4

Year Built

  • Built in 1925

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 150x150

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 2,315 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Guest House

Schools

  • Michigan Avenue Elementary School
  • St. Cloud Middle School
  • St. Cloud High School

Utilities

  • Central Heating and Cooling System
  • Thermostat

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3,248 Sq Ft Building
  • St Cloud 2Nd Town Of Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter
  • Operating Expense $37,288
  • Gross Income $102,119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2315
  • Lot Size Acres: 0.52
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 3248
  • Lot Size Sq Ft: 22521
  • Directions to Property: Get on FL-417 N/FL-417 Toll N. Follow FL-417 Toll N and Florida's Tpke to Interior St. Take exit 244 from Florida's Tpke. Take Partin Settlement Rd and E Lakeshore Blvd to Carolina Ave in St. Cloud. Turn right onto Carolina Ave
  • Status: Active
  • Ownership: Fee Simple
  • Escrow City: Orlando
  • Escrow Postal Code: 32804
  • Escrow State: FL
  • Escrow Street Name: Delridge Avenue
  • Escrow Street Number: 1005
  • List Office Head Office Key Nume: 1052991
  • RATIO Current Price By Calculate: 295.03
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 321-939-3748
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Other, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Street Number Modifier: 210
  • Living Area Meters: 215.07

Exterior Features

  • Other Structures: Guest House
  • Exterior Features: Lighting, Storage
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Available, Electricity Connected, Public, Water Available, Water Connected
  • Cooling: Central Air, Ductless
  • Heating: Central
  • Laundry Features: Common Area, Electric Dryer Hookup, Laundry Room, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

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: Michigan Avenue Elem (K 5)
  • High School: St. Cloud High School
  • Middle Or Junior School: St. Cloud Middle (6-8)

Lot Info

  • Zoning: SR1A
  • Parcel Number: 01-26-30-0001-0426-0020
  • Additional Parcels: No
  • Lot Dimensions: 150x150
  • Flood Zone Code: AE
  • Lot Size Square Meters: 2092

Multi Family

  • Gross Income: 102119
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 2
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4
  • Tax Block: 426
  • Tax Book Number: 1-140
  • Tax Lot: 2

Map

Range of Values:

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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
2024 $4 $346,000 $63,800 $282,200
2023 $4 $282,172 $0 $0
2022 $4 $277,700 $55,000 $222,700
2021 $4 $233,200 $44,000 $189,200
2020 $4 $218,500 $44,000 $174,500
2019 $4 $181,500 $44,000 $137,500
2018 $4 $180,900 $0 $0
2017 $4 $163,700 $0 $0
2016 $4 $158,600 $0 $0
2015 $641 $68,985 $0 $0
2014 $641 $68,438 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $683,000 -0.3% $295 / Sq Ft
03/24/2025 03/24/25 Price Changed $685,000 -1.4% $296 / Sq Ft
02/22/2025 02/22/25 For Sale $695,000 +178.0% $300 / Sq Ft
02/12/2024 02/12/24 Sold $250,000 -9.1% $108 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $275,000 -- $119 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Stewart Title
Warranty Deed $214,000 Stewart Title Company
Corporate Deed $250,000 Stewart Approved Title Inc
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $191,250 Future Advance Clause Open End Mortgage
Previous Owner $180,800 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Source: Stellar MLS

MLS Number: S5121193

Stellar MLS

APN: 01-26-30-0001-0426-0020