Updated Duplex
For Sale
$320,000
1858 SHUMARD Avenue, Saint Cloud, FL 34771
Residential, ST CLOUD, FL
Property Size1,702 SF
Lot Size0.08 Acres
Price / SF$188.01
Days on Market65
Property Features for 1858 SHUMARD Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RES
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Dining Room, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Driveway, Open
Window features
Blinds
Patio and Porch features
Patio
Pets allowed
Yes
Interior features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
Exterior features
Garden, Rain Gutters, Sidewalk, Sliding Doors
Appliances
Dishwasher, Microwave, Range, Refrigerator
Subdivision
OAKTREE POINTE VILLAS
Lot features
Landscaped, Sidewalk, Paved
Elementary school
Lakeview Elem (K 5)
Middle school
Narcoossee Middle
High school
Harmony High
Directions
From SR-408-TOLL E (East-West Expy). Take exit 18 toward Tampa onto SR-417-TOLL S (Central Florida GreeneWay). Take exit 22 toward CR-15/Narcoossee Rd. Turn left onto Narcoossee Rd (CR-15 S). Turn right onto E 10th St. Turn right onto Overcup Ave. Turn right onto Mossycup Dr. Turn left onto Shumard Ave.
Standard status
Active
APN
06-26-31-0637-0001-0630
Size
1,702 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OAKTREE POINTE VILLAS PB 26 PGS 73-74 LOT 63
Tax Annual Amount
2610
Legal Description
OAKTREE POINTE VILLAS PB 26 PGS 73-74 LOT 63
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Amenities
covered and screened patio
Building Details
Year built
2020
Floors in Building
1
Flooring type
Carpet, Tile - Ceramic
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS REALTY AT THE PARKS
(407) 629-4420
Listed By:
Thomas Nickley, Jr · License #3275393
(321) 945-1152
Added: Jul 2
Changed: Sep 2
Last Checked: Sep 4 at 1:06AM
MLS# O6419646
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.
This 1,702-square-foot residential property was built in 2020 on a 0.08-acre lot and is zoned RES. The one-story layout connects the living, dining, and kitchen areas in an open arrangement, with three bedrooms, two full bathrooms, ceramic tile and carpet flooring, solid surface counters, an eat-in kitchen, and walk-in closet space. Interior paint was completed in 2026. The property also includes a covered screened patio, rain gutters, sliding doors, a shingle roof, and driveway parking. Appliances include a range, refrigerator, dishwasher, and microwave.
Located at 1858 Shumard Avenue in Saint Cloud, the property has public water and public sewer service. Shopping, dining, parks, schools, and daily services are nearby, with access to Lake Nona, Orlando International Airport, major roadways, and other Central Florida destinations.
Located at 1858 Shumard Avenue in Saint Cloud, the property has public water and public sewer service. Shopping, dining, parks, schools, and daily services are nearby, with access to Lake Nona, Orlando International Airport, major roadways, and other Central Florida destinations.
Key Highlights
- 1,702 SF one‑story residential property on a 0.08‑acre lot
- Three bedrooms and two full bathrooms
- Interior paint completed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,700
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$454,000
$454.0K
Cap Rate 7%
$324,286
$324.3K
Cap Rate 9%
$252,222
$252.2K
Market Conditions
NOI Build-Up for 1,702 SF
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.
Gross rent
$34.7K $20.40/SF
− Vacancy
−$2.3K −$1.35/SF
EGI
$32.4K $19.05/SF
− OpEx
−$9.7K −$5.72/SF
NOI
$22.7K $13.34/SF
Area
Osceola County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$454,000
Cap Rate 7%
$324,286
Cap Rate 9%
$252,222
Alternative Uses
Best Use
Multifamily LT 5
$324.3K
$283.8K – $378.3K
NOI $22,700 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$298.6K
$261.3K – $348.4K
NOI $20,901 @ 7.0% cap · market cap 6.53%
Theoretical Best
Specialty Retail
$526.3K
$460.5K – $614.0K
NOI $36,840 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
644
Businesses Nearby
Explore this area
Business Placement
Demographics for 34771, FL
26,503
Population
10,978
Households
2.4
Avg Household Size
40
Median Age
38%
College-Educated
92%
High-School Grad
154.5 sq mi
ZIP Area
172
Density / Sq Mi
$101,434
Median Household Income
$48,760
Median Earnings
$1,695
Median Rent
$427,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - One-story residential property with an open living arrangement and screened outdoor space in Saint Cloud.
Where is this duplex located?
The property is located at 1858 SHUMARD Avenue Saint Cloud, FL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 1,702 SF one‑story residential property on a 0.08‑acre lot; Three bedrooms and two full bathrooms; Interior paint completed in 2026
