NOT LISTED FOR SALE

3500 Michigan Ave Saint Cloud, FL 34769

Estimated Value: $125,534 - $451,000

9.63 Acres
$32,075 Price per Acre
419,483 Sq Ft Lot

Last Sold October 04, 2023

Last sale price $1,175,000

Current estimated payment $1,705/month

12 Days on Market

About This Lot

As of October 2023

Great opportunity to invest in a rapidly growing city! With a preliminary subdivision plan already approved by the City of Saint Cloud, this 9.63-acre vacant land presents an incredible opportunity for investors and home builders. The plan allows for the development of 30 single family lots, catering to the high demand for housing in the area.

Located in Saint Cloud, Florida, this property boasts convenience and accessibility, making it an attractive option for both residents and potential homeowners. The city's continuous growth and development, along with its proximity to various amenities, make it an ideal investment for those seeking to capitalize on the flourishing real estate market.

The appeal of this location is further enhanced by its close proximity, just 1.4 miles, to the Royal St Cloud Golf Links, offering recreational opportunities for both residents and visitors.

Whether you're an investor looking for a lucrative opportunity or a home builder ready to embark on a new project, this vacant land offers the canvas to bring your vision to life. Act now to secure your stake in Saint Cloud's dynamic real estate landscape!

Last Agent to Sell the Property

Rodrigo Gomes De Almeida

KELLER WILLIAMS REALTY AT THE LAKES Brokerage Phone: 407-566-1800 License #3568128 Listed on: 08/22/2023

KELLER WILLIAMS REALTY AT THE LAKES

Last Buyer's Agent

Junior Pipo

WRA BUSINESS & REAL ESTATE License #3500483

WRA BUSINESS & REAL ESTATE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,989

Lot Details

  • 9.63 Acre Lot
  • Lot Dimensions are 332 x 1263
  • Level Lot
  • 4 Lots in the community
  • Additional Parcels
  • Property is zoned OAC

Community Details

  • Michigan Ave Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 14-26-30-4127-0001-0020

Property Details

Property Type

Land

Est. Annual Taxes

$5,989

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 9.63
  • Lot Size Sq Ft: 419316
  • Number Of Lots: 4
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 2.80
  • Total Acreage: 5 to less than 10
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Road Frontage Type: Access Road
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electricity Available, Water Available
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: OAC
  • Parcel Number: 14-26-30-4127-0001-0020
  • Additional Parcels: Yes
  • Current Use: Unimproved
  • Lot Features: City Limits, Level
  • Lot Dimensions: 332 x 1263
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 5989
  • Tax Block: 1
  • Tax Book Number: 15-134
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Nov 2, 2022
Sold by
Saint Cloud Project Llc
Bought by
Michigan Project Llc
Seller's Agent
Marcia Castro
CASTRO REALTY GROUP
Buyer's Agent
Andrew Foster
KELLER WILLIAMS REALTY AT THE PARKS
List Price
$1,300,000
Sold Price
$1,050,000
Premium/Discount to List
-$250,000
-19.23%
Current Estimated Value
$308,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$741,116
Avg. Annual Appreciation
-31.69%
Original Mortgage
$550,000
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 19, 2006
Sold by
B & B Development Group Inc
Bought by
Saint Cloud Project Llc

Purchase Details

Closed on
Apr 27, 2006
Sold by
Ramjag Sundar and Ramjag Mohan Lall
Bought by
B & B Development Group Inc

Purchase Details

Closed on
Apr 26, 2004
Sold by
Wilson Christina A
Bought by
Wilson George D and Wilson Christina A

Purchase Details

Closed on
Feb 25, 2004
Sold by
Figueroa Felipe Ruiz and Belmonte Carmen M
Bought by
Ramjag Sundar and Ramjag Mohan Lall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Michigan Project Llc $1,050,000 --
Saint Cloud Project Llc $345,000 None Available
B & B Development Group Inc $355,000 Stewart Approved Title Inc
Wilson George D $16,800 --
Ramjag Sundar $190,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michigan Project Llc $550,000
Previous Owner Ramjag Sundar $119,000
Closed Ramjag Sundar $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2023 10/04/23 Sold $1,175,000 -6.0% --
09/04/2023 09/04/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $1,250,000 +19.0% --
11/02/2022 11/02/22 Sold $1,050,000 -19.2% -- View Prior Sale
12/14/2021 12/14/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $1,300,000 0.0% --
07/01/2021 07/01/21 Pending -- -- --
11/07/2019 11/07/19 For Sale $1,300,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

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 $1,273 $70,900 $64,900 $6,000
2024 $1,273 $70,900 $64,900 $6,000
2023 $1,274 $70,300 $64,900 $5,400
2022 $842 $69,700 $64,900 $4,800
2021 $611 $32,700 $28,000 $4,700
2020 $719 $38,300 $28,000 $10,300
2019 $708 $37,200 $28,000 $9,200
2018 $1,402 $36,900 $28,000 $8,900
2017 $1,346 $32,100 $24,000 $8,100
2016 $1,305 $29,800 $22,000 $7,800
2015 $1,287 $29,000 $22,000 $7,000
2014 $1,200 $28,100 $22,000 $6,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5090243

Stellar MLS

APN: 14-26-30-4127-0001-0010