$955,000
$1,050,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
10 Baths
5,374 SqFt
SOLD DATE : 04/22/2026
Key Details
Sold Price $955,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 5,374 sqft
Price per Sqft $177
Subdivision Twin Lakes Ranchettes
MLS Listing ID O6320338
Sold Date 04/22/26
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 5+
Source Stellar MLS
Property Description
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.
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
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Non-Member Agent STELLAR NON-MEMBER OFFICE

