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Flex Commercial Building with Adjacent Lot

1200 Connecticut Avenue Saint Cloud, FL 34769

1200 Connecticut Avenue, Saint Cloud, FL, 34769
$289,000
Pending
For Sale
$289,000
Pending

COMMERCIAL - St Cloud, FL

Property Size1,821 SF
Lot Size0.16 Acres
Days on Market245

Property Features for 1200 Connecticut Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Pending
APN
01-26-30-0001-0215-0010
Size
1,821 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
2199

Building Details

Year built
1920
Listing Agency La Rosa Realty Llc
Suite 100 1420 Celebration Blvd, Celebration, FL
Listed by Bernardo Reynoso · License #3205167
Added: Nov 18, 2025 Updated: Jul 16 at 10:27 pm Checked: Jul 21 at 2:06 am
MLS# 11609395 Listing URL

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Under contract-accepting backup offers. This flex commercial building at 1200 Connecticut Avenue offers an estimated layout and multiple use considerations, including dental, medical, restaurant, retail, professional office, child care, and repair shop options as referenced in the listing. Buyers should verify all dimensions. The property may be occupied as a residence while plans are developed to use the site as a commercial property. An adjacent lot is highlighted in the provided materials; it is not included in the stated price but is available for sale separately.

The property is described as minutes away from the heart of downtown St. Cloud, with access noted as one block off 192 and close to restaurants, banks, hospitals, and the lake shore. The remarks also cite proximity to nightlife and space for parking, as well as being minutes from the turnpike and within roughly 25–30 minutes to Orlando International Airport or Lake Nona Medical City.

Estimated site information should be confirmed by buyers during due diligence.

Key Highlights

  • Built in 1920.
  • Located one block off 192 and minutes from the heart of St Cloud’s downtown district.
  • Adjacent lot is available for sale but not included in the listed price.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $48.1k $26.40
− Vacancy −$4.8k −$2.64
EGI $43.3k $23.76
− OpEx −$17.3k −$9.50
NOI $26.0k $14.26
1,821 SF · lease $26.40/SF/yr · vacancy 10.00% · expense 40.00%

Alternative Uses

Best Use
Retail
$510.8K
$447.0K – $596.0K (±1% cap)
NOI $35,759 @ 7.0% cap · market cap 12.37%
Second Best
Healthcare Medical
$370.9K
$324.5K – $432.7K (±1% cap)
NOI $25,960 @ 7.0% cap · market cap 8.98%
Theoretical Best
Specialty Retail
$563.1K
$492.7K – $656.9K (±1% cap)
NOI $39,416 @ 7.0% cap · market cap 13.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical centers

Suggested Use

Law Firm Parking Lot & Garage Storage Facility Carpet & Flooring Store Locksmith Florist (Bike/Boat/Book/etc) Store Dental Office Electrical Service Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical center - Single commercial building at 1200 Connecticut Avenue with estimated dimensions and an adjacent lot available separately.
Where is this medical center located?
The property is located at 1200 Connecticut Avenue Saint Cloud, FL.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Built in 1920.; Located one block off 192 and minutes from the heart of St Cloud’s downtown district.; Adjacent lot is available for sale but not included in the listed price.
Contact an agent
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