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Christina Munkberg

[email protected] +1(407) 340-1308

$ 1,200,000

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5575 E IRLO BRONSON MEMORIAL HWY St Cloud, FL 34771

14 Beds

10 Baths

5,374 SqFt

UPDATED:

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

HOA Y/N No

Year Built 1966

Annual Tax Amount $9,372

Lot Size 1.060 Acres

Acres 1.06

Property Sub-Type Multi Family

Source Stellar MLS

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

Interior Features Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor

Heating Central, Ductless

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Luxury Vinyl, Tile

Fireplace false

Appliance Dishwasher, Microwave, Refrigerator

Laundry Inside, Laundry Room

Exterior

Exterior Feature Outbuildings

Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Water Connected

Roof Type Shingle

Porch Covered, Front Porch, Patio, Rear Porch, Screened

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Septic Tank

Water Well

Structure Type Block

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Listed by BALDWIN PARK REALTY LLC

Christina Munkberg

Broker | CQBK3259013

+1(407) 340-1308

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Orlando, FL

Christina Munkberg

5575 E IRLO BRONSON MEMORIAL HWY St Cloud, FL 34771

Key Details

Location

Interior

Exterior

Building

Others

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