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705 MICHIGAN COURT Unit 1-4

Multi-family Recently Sold
$500,000

BTC: 5.43478261

ETH: 161.29032258

Sold on: 2025-02-14
3 days
0 room(s)
784 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Over 6% CAP on this 4 unit multifamily building located in a desirable GATED community in the city of St. Cloud - FL, minutes from the turnpike to Orlando area. Fully rented with yearly contracts. The all-block and stucco building is in excellent condition in terms of external area, roofing, paint, plumbing, and electricity. Each unit is a two-bedroom, one-bathroom spacious condo with all appliances included. SEPARATE electric bills are each tenant's responsibility. Water for all units, lawn care, and community pool maintenance are included in HOA fees. The amenities include a community pool, playgrounds, a green area, and laundry. Please note that there are a total of 4 parcel ID numbers. 11-26-30-0609-0705-0010, 11-26-30-0609-0705-0020, 11-26-30-0609-0705-0030, 11-26-30-0609-0705-0040. This must be sold as a group. Realtors, please see the remarks. Make your private showing today before this is gone!

Location

Facts and features

Type:
Residential Income
Parking:
Assigned
Year Built:
1972
Lot:
0.04 Acres
Heating:
Central
Price/sqft:
$638
Cooling:
Central Air
HOA:
$14,400
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Kitchen/Family Room Combo

    • Thermostat

  • Parking

    • Assigned

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Fenced

    Lot

    • Lot: 0.04 Acres

    Other Property Information

    • Parcel Number: 112630060907050010

    • Zoning: SR3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Fire Hydrant

    • Public

    • Sewer Available

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA: $14,400

    • HOA Frequency: Annually

    • Annual tax amount: $4,408

  • Source details

    • MLS ID: S5118631

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: City Lot

    • Patio And Porch Features: Covered

    • Pool Features: In Ground

    • Living Area: 784

    • Water Source: Public

    • Subdivision Name: PALM GARDENS CONDO

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP REALTY LLC