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712 FLORIDA AVE Saint Cloud, FL 34769
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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,712 sqft
Price per Sqft $96
Subdivision St Cloud
MLS Listing ID S5019235
Sold Date 02/28/20
Construction Status Inspections
HOA Y/N No
Year Built 1924
Annual Tax Amount $4,880
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 75x150
Property Description
REDUCED MULTI-FAMILY INCOME PROPERTY located within short walking distance from Historic Downtown Saint Cloud. Only 7 blocks from lakefront with restaurant and public beach. The downtown is currently being master planned and re-designed. There are new restaurants opening in 2020 and a 3-star boutique St Cloud Hotel getting started. St Cloud has only limited amount of apartments available within downtown area There are only limited amount of apartments within the vicinity of downtown St Cloud, therefore the opportunity for an investor to take this historic building and make it into a JEWEL. Property is also located within recently established OPPORTUNITY ZONE. GREAT INCOME PROPERTY. This historic gem used to be one of the first hotels in Saint Cloud. Property has a new roof (2017 Main Building & 2019 Side Building), updated stairs and balcony, it gets regularly inspected and sprayed. This property is zoning may allow one additional unit to be added bringing the apartment count to 9 total. CASH FLOW PROPERTY!
Location
State FL
County Osceola
Community St Cloud
Zoning SR2
Interior
Heating Electric, Propane, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate
Exterior
Garage 13 to 18 Spaces, Curb Parking, None
Community Features Sidewalks
Waterfront false
Water Access 1
Water Access Desc Beach - Public,Lake
Roof Type Shingle
Parking Type 13 to 18 Spaces, Curb Parking, None
Building
Lot Description Historic District, City Limits, Near Public Transit, Sidewalk, Street Lights, Paved
Foundation Stilt/On Piling
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Structure Type Siding,Wood Frame
New Construction false
Construction Status Inspections
Others
Pets Allowed No
Ownership Corporation
Special Listing Condition None
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Bought with EQUITYPRO LLC
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