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Professional Office Building with Two Tenants
For Sale
$600,000

1211 12TH Street, Saint Cloud, FL 34769

SINGLE_FAMILY - ST CLOUD, FL

Property Size2,346 SF
Lot Size0.17 Acres
Price / SF$255.75
Days on Market55

Property Features for 1211 12TH Street

General Information

Property type Residential
Property subtype Office
Zoning SCB1
Subdivision ST CLOUD 2ND TOWN OF
Lot features City Limits, Sidewalk
Directions US 192(aka 13th Street) to north on New York Avenue, right 12th Street. Property on right.
Standard status Active
APN 01-26-30-0001-0220-0220
Size 2,346 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ST CLOUD PB B PG 34 BLK 220 LOT 22 & E 80 FT LOTS 23 & 24 2/26/30
Tax Annual Amount 8359
Legal Description ST CLOUD PB B PG 34 BLK 220 LOT 22 & E 80 FT LOTS 23 & 24 2/26/30

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 1974
Floors in Building 1
Flooring type Carpet, Tile
Building materials Block
Listing Agency: FLORIDA REALTY RESULTS LLC
Listed By: Tim St. Gordon · License #524645
Added: Jun 11 Changed: Jul 30 Last Checked: Aug 4 at 10:06AM
MLS# S5151727

Copyright © 2026 Stellar 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.

Professional office building located in the downtown business district in the City of St. Cloud. The building is in very good condition and features a block construction with carpet and tile flooring. Heating is electric with central heat, and cooling is provided by central air. The roof and AC were done within the past five years, supporting ongoing operational reliability.

Two tenants are in place with leases. The property includes eight on-site parking spaces, with additional street parking and a public parking lot within one block. Utilities include electricity, with water supplied by public sources and served by public sewer.

Built in 1974, the building offers a compact footprint of 2,346 square feet on a 0.17-acre lot. Zoned SCB1, the property is positioned for continued office use in a central business setting.

Key Highlights

  • Two tenants in place with leases
  • Roof and AC completed within 5 years
  • Block construction with carpet and tile flooring

Financial Insights For Office B

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 $56.3k $24.00
− Vacancy −$9.6k −$4.08
EGI $46.7k $19.92
− OpEx −$11.7k −$4.98
NOI $35.0k $14.94
2,346 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$500.7K
$438.1K – $584.2K (±1% cap)
NOI $35,049 @ 7.0% cap · market cap 5.84%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$725.4K
$634.7K – $846.3K (±1% cap)
NOI $50,779 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Storage Facility Accounting Firm Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

929
Businesses Nearby

Demographics for 34769, FL

27,594
Population
11,070
Households
2.5
Avg Household Size
40
Median Age
24%
College-Educated
89%
High-School Grad
10.6 sq mi
ZIP Area
2,603
Density / Sq Mi
$58,764
Median Household Income
$35,776
Median Earnings
$1,400
Median Rent
$271,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Professional office building in downtown St. Cloud, FL with central HVAC and two tenants under lease.
Where is this office building located?
The property is located at 1211 12TH Street Saint Cloud, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two tenants in place with leases; Roof and AC completed within 5 years; Block construction with carpet and tile flooring
More about this property
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