NOT LISTED FOR SALE

821 Florida Ave Saint Cloud, FL 34769

Downtown Saint Cloud Neighborhood

Estimated Value: $240,000 - $266,000

3 Beds
2 Baths
1,010 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $250,000 $248 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,627/month

10 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Heating System Mounted To A Wall or Window
  • Mini Split Air Conditioners
  • Vinyl Flooring

About This Home

As of February 2023

Investor Alert! Cash flow + value add! 8%+ net cap rate duplex PLUS the potential for a lot split! Located just blocks from Saint Cloud shops, restaurants, and retail centers, this cash-flowing duplex is loaded with opportunity. The property features a metal roof, vinyl flooring throughout, mini split in the 2/1 unit, and an oversized lot that can likely be split to create two separate parcels. Currently cash flowing at $1200/month for the 2/1 unit and $950/month for the 1/1 unit. Each unit is separately metered for electrical and water. If you've been looking for a cash-flowing duplex with heightened potential, this is the one for you!

Last Agent to Sell the Property

Zachary Tuohey

PARK PLACE REAL ESTATE License #3435375 Listed on: 01/26/2023

Last Buyer's Agent

Ursula Santana

DGL REALTY, LLC License #709114

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,429

Year Built

  • Built in 1912

Lot Details

  • 10,106 Sq Ft Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,010 Sq Ft Home
  • Ceiling Fan
  • Vinyl Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Mini Split Air Conditioners
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,010 Sq Ft Building
  • St Cloud Subdivision

Building Details

  • Gross Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,429

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1010
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1912
  • Building Area Total: 1010
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 10106
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6086340?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6086340?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96154
  • Price per Sq Ft: 247.52
  • Close to Original List Price Ratio: 0.96154
  • Ratio: Current Price\Building Area Total: 247.52
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Number Of Buildings: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12097C0257G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: SR3
  • Parcel Number: 01-26-30-0001-0106-0120
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2013-06-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 2150

Multi Family

  • Gross Income: 25800
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2429
  • Tax Block: 106
  • Tax Book Number: B-34
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 23, 2023
Sold by
1255 School Property Llc
Bought by
Rustic Investment Group Corp
Seller's Agent
Zachary Tuohey
PARK PLACE REAL ESTATE
Buyer's Agent
Ursula Santana
DGL REALTY, LLC
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Views
161
Current Estimated Value
$255,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,415
Avg. Annual Appreciation
0.77%

Purchase Details

Closed on
Apr 16, 2021
Sold by
821 Florida Inc
Bought by
1255 School Property Llc

Purchase Details

Closed on
Jan 13, 2021
Sold by
Treadwell Gordon and Treadwell Vicki
Bought by
821 Florida Inc

Purchase Details

Listed on
Apr 1, 2018
Closed on
Jul 24, 2018
Sold by
Cuevas Jose R and Cuevas Flavia D
Bought by
Treadwell Gordon and Treadwell Vicki
Seller's Agent
Bruce Johnson
LUXE PROPERTIES LLC
Buyer's Agent
Anna Mahaffey
WEICHERT REALTORS HALLMARK PRO
List Price
$135,000
Sold Price
$110,000
Premium/Discount to List
-$25,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%

Purchase Details

Listed on
Feb 20, 2017
Closed on
Aug 21, 2017
Sold by
Sambuca Richard F and Sambuca Helen E
Bought by
Cuevas Jose R and Cuevas Flavia D
Seller's Agent
Rosa Holloway
M & N HOLLOWAY
Buyer's Agent
Jose Santos
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.72%
Original Mortgage
$86,000
Interest Rate
3.96%
Mortgage Type
New Conventional
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rustic Investment Group Corp $250,000 All Florida Professional Title
Rustic Investment Group Corp $250,000 All Florida Professional Title
1255 School Property Llc $206,000 Southeast Professional Ttl L
821 Florida Inc -- Attorney
821 Florida Inc $100 Harris Glenn
Treadwell Gordon $110,000 Stewart Title Co
Cuevas Jose R $115,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cuevas Jose R $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2023 02/23/23 Sold $250,000 -3.8% $248 / Sq Ft
01/26/2023 01/26/23 For Sale $260,000 0.0% $257 / Sq Ft
10/01/2019 10/01/19 Rented $850 0.0% --
09/20/2019 09/20/19 Under Contract -- -- --
09/05/2019 09/05/19 For Rent $850 0.0% --
08/30/2019 08/30/19 Under Contract -- -- --
08/22/2019 08/22/19 Price Changed $850 -29.2% $1 / Sq Ft
08/14/2019 08/14/19 For Rent $1,200 0.0% --
07/24/2018 07/24/18 Sold $110,000 -18.5% $128 / Sq Ft View Prior Sale
07/10/2018 07/10/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $135,000 0.0% $157 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $135,000 +17.4% $157 / Sq Ft
11/22/2017 11/22/17 Off Market $115,000 -- --
08/22/2017 08/22/17 Sold $115,000 0.0% $134 / Sq Ft View Prior Sale
07/08/2017 07/08/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $115,000 -- $134 / Sq Ft
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 $3,470 $194,100 $70,000 $124,100
2024 $2,953 $194,200 $70,000 $124,200
2023 $2,953 $154,220 $0 $0
2022 $2,531 $140,200 $52,000 $88,200
2021 $616 $75,205 $0 $0
2020 $614 $74,167 $0 $0
2019 $615 $72,500 $26,200 $46,300
2018 $1,291 $67,700 $26,200 $41,500
2017 $719 $37,700 $15,900 $21,800
2016 $653 $33,200 $13,800 $19,400
2015 $666 $33,200 $13,800 $19,400
2014 $668 $33,100 $12,900 $20,200
Source: Public Records

Agents Affiliated with this Home

  • Zachary Tuohey

    Seller's Agent in 2023

    Zachary Tuohey

    PARK PLACE REAL ESTATE

    (407) 928-0307

    1 in this area

    42 Total Sales

    Zachary Tuohey
    Section Image
  • Ursula Santana

    Buyer's Agent in 2023

    Ursula Santana

    DGL REALTY, LLC

    (407) 758-4825

    1 in this area

    53 Total Sales

    Ursula Santana
    Section Image

  • M

    Seller's Agent in 2019

    Mary Rose Bianchi

    FLORIDA REALTY RESULTS LLC

    (407) 343-8137

    37 Total Sales

    Mary Rose Bianchi
    Section Image

  • B

    Seller's Agent in 2018

    Bruce Johnson

    LUXE PROPERTIES LLC

    (407) 460-7504

    12 Total Sales

    Bruce Johnson
    Section Image

  • A

    Buyer's Agent in 2018

    Anna Mahaffey

    Weichert Corporate

    (407) 891-1220

    Anna Mahaffey
    Section Image

  • R

    Seller's Agent in 2017

    Rosa Holloway

    M & N HOLLOWAY

    (407) 873-2070

    4 in this area

    14 Total Sales

    Rosa Holloway
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6086340

Stellar MLS

APN: 01-26-30-0001-0106-0120

Florida Osceola County Saint Cloud 34769 Downtown Saint Cloud

821 Florida Ave, Saint Cloud, FL

Not Listed for Sale

MultiFamily

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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