$1,050,000
Pending · 122 days on market · MLS# MFRO6314957
| Living area | 5,374 sq ft |
|---|---|
| Lot size | 1.06 acres |
| Year built | 1966 |
| Property type | Hotel/Motel |
| Waterfront | Yes |
| Annual taxes | $9,372 |
| County | Osceola |
Under contract-accepting backup offers. 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 . Building Two roof was replaced approximately 10+ years ago. 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.
Listing courtesy of Erica Diltz, BALDWIN PARK REALTY LLC. Presented by MC Homes Realty Inc · 727432218.