Address: 5575 Irlo Bronson Memorial Highway, ST CLOUD, FL 34771
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.
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.
Features
Building and Construction
Covered Spaces: 0.00
Flooring: Carpet, Luxury Vinyl, Tile
Living Area: 5374.00
Other Structures: Storage
Roof: Shingle
Land Information
Lot Features: Rural
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Parking Spaces - 13 to 18
Eco-Communities
Water Source: Well
Utilities
Carport Spaces: 0.00
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Ductless
Road Frontage Type: County Road, Highway
Sewer: Septic Tank
Utilities: Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 79438.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Appliances: Dishwasher, Microwave, Refrigerator
Country: US
Legal Description: TWIN LAKES RANCHETTES PB 1 PG 406 BLK A, COM AT SE COR LOT 6, N 71.68 FT TO POB AND PT ON NON TAN CURVE, CONC NELY, RAD 22, 788.31 FT, CH N 82 DEG W, NWLY 213.75 FT, N 143.42 FT, N 89 DEG E 115 FT, N 01 DEG E 122.9 FT, S 88 DEG E 93.32 FT, S 292.26 F T TO POB AKA COLONIAL MOTEL
This parcel has been recently re zoned to Community Center Perimeter (Osceola County), which allows for multiple Commercial and Multi Family uses. 3+/ acres available, with the flexibility of less de
This parcel has been recently re zoned to Community Center Perimeter (Osceola County), which allows for multiple Commercial and Multi Family uses. 3+/ acres available, with the flexibility of less de
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