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$700,000 • living size area 6712 sqft
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!Multi Family - ST CLOUD
712 FLORIDA, SAINT CLOUD, FL 34769
Date Sold 02-28-2020
Sold Price$650,000 Asking Price$700,000
Share by:
- Living 6712sqft
- Lot size 11238sqft
- Taxes: Register to see
- Year Built 1924
-
Days on market:
97 day(s) Original Price:
$750,000-
Price per sqft:
$104.29 Tax Legal Description:
ST CLOUD PB B PG 34 BLK 70 LOTS 4 THRU 6 2/26/30Tax Year:
2018-
MLS:
S5025859 -
Property Type:
Multi Family -
Parking:
NoneCurb Parking
Lease Term Remaining:
12 MonthsConstruction Type:
Wood Frame SidingRoof:
ShingleCooling Description:
Wall/Window Unit(s)Heating Description:
ElectricWall Units / Window UnitPropaneFloor Description:
LaminateCarpetExterior Features:
BalconySpecial Listing Conditions:
NoneLot Features:
SidewalkCity Lot Historic District Near Public Transit
