5575 E IRLO BRONSON MEMORIAL HWY new Save Request In-Person Tour Request Virtual Tour
St Cloud,FL 34771
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,374 sqft
Price per Sqft $223
Subdivision Twin Lakes Ranchettes
MLS Listing ID O6320338
Bedrooms 14
Year Built 1966
Annual Tax Amount $9,372
Lot Size 1.060 Acres
Property Sub-Type Multi Family
Property Description
Outstanding Investment Opportunity – Turnkey Motel with Redevelopment Potential! Now available: a fully operational, income-producing motel property zoned Commercial (C) in the rapidly expanding Saint Cloud market. Located at 5575 E Irlo Bronson Memorial Hwy, this 5,374 SF property sits on a valuable parcel with excellent visibility and frontage on busy US-192. Currently comprised of 9 updated rental units, all leased under flexible terms (weekly, biweekly, and monthly), this income-producing property generates approximately $11,937/month or $143,244 annually in gross income, with a Net Operating Income (NOI) of $79,948/year. Building One features a new roof (2021) and a remodeled main living area completed the same year. Building Two received a roof replacement approximately 8 years ago. The property is supported by four separate septic systems, each equipped with new drainfields, ensuring efficient and reliable long-term operation. Additionally, the site includes a 1,435 sq ft living space with 3 bedrooms and 1.5 baths, which could serve as on-site living quarters for ease of management or be converted into an additional income-producing unit to further enhance returns. This property offers not only solid cash flow but also significant redevelopment potential—ideal for hospitality, retail, or mixed-use projects. The Commercial zoning (C) allows for a wide range of future uses, making this a strategic acquisition in a growth corridor. Situated in a high-traffic area near new residential developments, attractions, and major roadways, this is a rare opportunity to secure a versatile asset with strong current income and future upside.
Location
State FL
County Osceola
Community Twin Lakes Ranchettes
Area 34771 - St Cloud (Magnolia Square)
Zoning ORM1
Interior
Heating Central,Ductless
Cooling Central Air,Wall/Window Unit(s)
Flooring Carpet,Luxury Vinyl,Tile
Laundry Inside,Laundry Room
Exterior
Exterior Feature Outbuildings
Utilities Available BB/HS Internet Available,Cable Available,Cable Connected,Water Connected
Roof Type Shingle
Building
Foundation Slab
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6320338