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5575 E Irlo Bronson Memorial Highway, St Cloud, FL 34771

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For Sale

$1,200,000

14 beds5,374 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $223.30
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# O6320338

Courtesy Of Baldwin Park Realty, LLC

(407) 986-9800

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Security System, Security System
  • Appliances
    Dishwasher, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Block
  • Floor Covering
    Carpet, Tile, Vinyl
  • Lot Size
    1.06 Acres

Home seller CENTURY 21 Carioti

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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