BEDS14
BATHS
SQUARE FEET5,374
MLS#O6320338
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTWIN LAKES RANCHETTES
Property Description
Under contract-accepting backup offers. Outstanding Investment Opportunity - Turnkey Motel with Redevelopment Potential! Now available: a fully operational, income-producing motel property 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 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 10+ years ago. The property is supported by four separate septic systems. 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. This 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Ductless
Lot Size: 1.06 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $9,372
Year Built: 1966
Amenities
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
Outbuildings
Feature Descriptions
Annual Net Income: 79948.00
Appliances: Dishwasher, Microwave, Refrigerator
Days on Site: 253
Directions: Turn left onto US-192 E/US-441 S/13th St, Continue to follow US-192 E/US-441 S, Make a U-turn at Alligator Lake Shore W/Dinatale Dr, Turn right, Destination will be on the right.
Exterior: Block
Flood Zone Code: X
Flooring: Carpet, Luxury Vinyl, Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash
Lot Dimensions: 1.06
Other Structures: Storage
Ownership: Fee Simple
Patio/Porch: Covered, Front Porch, Patio, Rear Porch, Screened
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Security: Smoke Detector(s)
Sewer: Septic Tank
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent 2,Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox, See Remarks, ShowingTime
Special Sale Provisions: None
Units: 9
Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Water Connected
Water: Well
Water Access Y/N: No
Zoning: ORM1
Listed By / Shown By
Listed By
Agency Name: BALDWIN PARK REALTY LLC
Agency Contact: 407-986-9800
Shown By
Agent Name: Martie Mitchell
Agent Phone: Cell: (386) 310-3166
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 6,675.79 per month $5,588.54 Principal & Interest $781.00 Property Tax $306.25 Homeowner's InsuranceChange Payment Information
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5575 E Irlo Bronson Memorial Highway | MLS# O6320338
This multi-family property located at 5575 E Irlo Bronson Memorial Highway, Saint Cloud, FL 34771 is currently listed for sale with an asking price of $1,050,000. Search Saint Cloud real estate on www.welcomehomedaytona.com today.