5575 Irlo Bronson Memorial Highway, ST CLOUD, FL 34771
  • MLS#: O6320338 ( Residential Income )
  • Street Address: 5575 Irlo Bronson Memorial Highway
  • Viewed: 6
  • Price: $1,200,000
  • Price sqft: $165
  • Waterfront: No
  • Year Built: 1966
  • Bldg sqft: 7263
  • Bedrooms: 14
  • Total Baths: 10
  • Days On Market: 4
  • Additional Information
  • Geolocation: 28.2432 / -81.2149
  • County: OSCEOLA
  • City: ST CLOUD
  • Zipcode: 34771
  • Subdivision: Twin Lakes Ranchettes
  • mfrmls
  • DMCA Notice
  • Description
    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 potentialideal 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.
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Features
Appliances
  1. Dishwasher
  2. Microwave
  3. Refrigerator
Home Owners Association Fee
  1. 0.00
Baths Total
  1. 10
Carport Spaces
  1. 1.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Outbuildings
Flooring
  1. Carpet
  2. Luxury Vinyl
  3. Tile
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Ductless
Insurance Expense
  1. 0.00
Interior Features
  1. Kitchen/Family Room Combo
  2. Open Floorplan
  3. Primary Bedroom Main Floor
Legal Description
  1. TWIN LAKES RANCHETTES PB 1 PG 406 BLK A
  2. COM AT SE COR LOT 6
  3. N 71.68 FT TO POB AND PT ON NON TAN CURVE
  4. CONC NELY
  5. RAD 22
  6. 788.31 FT
  7. CH N 82 DEG W
  8. NWLY 213.75 FT
  9. N 143.42 FT
  10. N 89 DEG E 115 FT
  11. N 01 DEG E 122.9 FT
  12. S 88 DEG E 93.32 FT
  13. S 292.26 F T TO POB AKA COLONIAL MOTEL
Levels
  1. One
Living Area
  1. 5374.00
Area Major
  1. 34771 - St Cloud (Magnolia Square)
Net Operating Income
  1. 0.00
Occupant Type
  1. Owner
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. Storage
Parcel Number
  1. 09-26-31-5330-000A-0060
Pets Allowed
  1. Yes
Possession
  1. Close Of Escrow
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Septic Tank
Tax Year
  1. 2024
Township
  1. 26
Utilities
  1. BB/HS Internet Available
  2. Cable Available
  3. Cable Connected
  4. Water Connected
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6320338
Water Source
  1. Well
Year Built
  1. 1966
Zoning Code
  1. ORM1
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Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
  4. 229.834.4988