5,374 SqFt
5,374 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 5,374 sqft
Price per Sqft $223
Subdivision Twin Lakes Ranchettes
MLS Listing ID O6314957
HOA Y/N No
Year Built 1966
Annual Tax Amount $9,372
Lot Size 1.060 Acres
Acres 1.06
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
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.
Location
State FL
County Osceola
Community Twin Lakes Ranchettes
Area 34771 - St Cloud (Magnolia Square)
Zoning ORM1
Interior
Heating Central, Ductless
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Luxury Vinyl, Tile
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Parking Features Parking Spaces - 13 to 18
Utilities Available Public
Roof Type Shingle
Building
Lot Description Rural
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
Ownership Sole Proprietor
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6314957
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