For Sale
$1,349,900

3211 Lakeshore Blvd St. Cloud, FL 34769

Four-unit rental portfolio, strong income.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Class A multifamily investment opportunity in St. Cloud, Florida, presents a compelling case for savvy investors. The property, located at 3211 Lakeshore Blvd, comprises two buildings totaling 4,531 square feet of net rentable space, constructed in 2021. The property features four rental units, each with its own entrance. The main house boasts a spacious layout including a large combined kitchen and dining area, a 31 x 31-foot living/family room, and a total of five bedrooms and five and a half bathrooms. Unit configurations include a two-bedroom unit (approximately 1200 sq ft), a one-bedroom unit, and two additional downstairs units. High-end finishes are evident throughout, including hurricane-strength windows, two 5-ton energy-efficient air conditioning units, a tankless water heater, smart refrigerator, and LED lighting controlled by smartphone. The property sits on nearly an acre of land and includes a large screened-in porch, a three-car oversized garage (44 x 25 ft), and a block warehouse with potential for renovation into additional rental units. The property is elevated 5 feet above normal requirements. The property boasts a strong rental history and generates an approximate annual net income of $60,436. This turnkey investment is ideally suited for both investors and owner-operators, and qualifies for the Freddie Mac 5% down program, making it an attractive opportunity to capitalize on Central Florida's growth. The property's APN is 342530495000014040 and is zoned RS-2. The asking price is $1,349,900.

Highlights

  • Class A multifamily investment opportunity in St. Cloud, FL.
  • Two buildings totaling 4,531 square feet of net rentable space, built in 2021.
  • Four rental units, including a five-bedroom, five-and-a-half-bathroom main house.
  • High-end finishes, hurricane-strength windows, energy-efficient AC, and smart home features.
  • Nearly one-acre lot with a three-car garage and a block warehouse.
  • $1,349,900 asking price, approximately $60,436 annual net income.

Property Details for 3211 Lakeshore Blvd

Property type
Residential income homes
Class
A
Year Built
2021
Buildings
2
Units
4

Location Insight

City
St. Cloud
County
Osceola
State
Florida
Latitude
28.263582936949
Longitude
-81.305869652463

FAQs

What type of property is this?
Residential income home - Four-unit rental portfolio, strong income.
Where is the residential income home located?
The property is located at 3211 Lakeshore Blvd St. Cloud, FL.
What is the asking price?
The asking price for this property is $1,349,900.
What are key features of this property?
This property features: Class A multifamily investment opportunity in St. Cloud, FL.; Two buildings totaling 4,531 square feet of net rentable space, built in 2021.; Four rental units, including a five-bedroom, five-and-a-half-bathroom main house.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3211 Lakeshore Blvd
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