3551 5TH ST, Saint Cloud, FL 34769 – S5112841 - Ricardo Simon

$460,000

Est. payment -/mo

$475,000

3.2%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4 Beds

4 Baths

2,114 SqFt

SOLD DATE : 11/12/2024

Key Details

Sold Price $460,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,114 sqft

Price per Sqft $217

Subdivision Seminole Land & Inv Co

MLS Listing ID S5112841

Sold Date 11/12/24

Bedrooms 4

HOA Y/N No

Originating Board Stellar MLS

Year Built 1986

Annual Tax Amount $3,861

Lot Size 0.560 Acres

Acres 0.56

Lot Dimensions 158x310

Property Description

Exceptional Investment Opportunity located in Saint Cloud, FL, offering excellent rental income potential. This duplex at 3551 5th Ave features two units, each offering 2 bedrooms and 2 bathrooms, situated on an oversized .28-acre lot. The property has a new roof installed in 2021, an updated septic tank in 2023, and is connected to city water. Both units feature tile floors throughout with carpeting in the bedrooms and a spacious open-concept living area that combines the kitchen, dining, and living room. Each unit includes a private laundry room, backyard, storage space, and ample parking. With no HOA fees, the potential monthly rental income is $1,800 each unit, providing a total monthly income of $3,600 and an annual income of $43,200. Additionally, the duplex next door at 3555 5th St is available for purchase, offering a rare opportunity to expand your investment portfolio. Located close to Downtown Kissimmee, Downtown St. Cloud, Disneyworld, Lake Toho, The LOOP Mall, and Orlando International Airport, this property is just 10 to 25 minutes away from major attractions. Don’t miss out on this prime investment opportunity with strong income potential

Location

State FL

County Osceola

Community Seminole Land & Inv Co

Zoning MULTI

Rooms

Other Rooms Breakfast Room Separate, Great Room, Inside Utility

Interior

Interior Features Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Ceramic Tile, Vinyl

Fireplace false

Appliance Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator

Laundry Inside

Exterior

Exterior Feature Balcony, Storage

Parking Features Driveway, Open

Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Street Lights

Roof Type Shingle

Porch Covered, Deck, Patio, Porch

Garage false

Private Pool No

Building

Lot Description In County, Near Public Transit, Sidewalk, Paved

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Public

Structure Type Block,Stucco

New Construction false

Schools

Elementary Schools Lakeview Elem (K 5)

Middle Schools St. Cloud Middle (6-8)

High Schools St. Cloud High School

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA

Membership Fee Required None

Listing Terms Cash, Conventional, FHA

Special Listing Condition None

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Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by FLORIDA LAKES REALTY
Bought with COLDWELL BANKER REALTY

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com