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Wade M. Berlin

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5575 Irlo Bronson Memorial Highway
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PRICED AT ONLY: $1,200,000

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 . Building Two roof was replaced approximately 8 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 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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  • MLS#: O6314957 ( CommercialSale )
  • Street Address: 5575 Irlo Bronson Memorial Highway
  • Viewed: 2
  • Price: $1,200,000
  • Price sqft: $165
  • Waterfront: No
  • Year Built: 1966
  • Bldg sqft: 7263
  • Days On Market: 73
  • Acreage: 1.06 acres
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Carpet, LuxuryVinyl, Tile
  • Living Area: 5374.00
  • Other Structures: Storage
  • Roof: Shingle
Land Information
  • Lot Features: RuralLot, Landscaped
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: ParkingSpaces
Eco-Communities
  • Water Source: Well
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, WallWindowUnits
  • Heating: Central, WindowUnit, WallFurnace
  • Road Frontage Type: CountyRoad, Highway
  • Sewer: SepticTank
  • Utilities: MunicipalUtilities
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 79438.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
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
  • Levels: One
  • Area Major: 34771 - St Cloud (Magnolia Square)
  • Occupant Type: Owner
  • Parcel Number: 09-26-31-5330-000A-0060
  • Possession: CloseOfEscrow
  • The Range: 0.00
  • Zoning Code: ORM1
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin