2-Unit Duplex with Screened
For Sale
Under Contract
$496,000
607-609 CALIFORNIA Avenue, Saint Cloud, FL 34769
Residential Income, ST CLOUD, FL
Property Size2,028 SF
Lot Size0.26 Acres
Price / SF$244.58
Days on Market244
Property Features for 607-609 CALIFORNIA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
SR2
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Parking features
RV
Patio and Porch features
Porch
Interior features
Ceiling Fans(s)
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Subdivision
ST CLOUD 2ND TOWN OF
Directions
192 East to California, left onto California. Property will be on the right.
Standard status
Active Under Contract
APN
01-26-30-0001-0036-0160
Size
2,028 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ST CLOUD PB B PG 34 BLK 36 LOTS 16-18 3/26/30
Tax Annual Amount
4278
Legal Description
ST CLOUD PB B PG 34 BLK 36 LOTS 16-18 3/26/30
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
screened porch
washer/dryer
Building Details
Year built
1985
Number of units
2
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
DREAM BUILDERS REALTY
(407) 847-5428
Listed By:
Patricia McCabe · License #3348267
(407) 729-6837
Added: Feb 12
Changed: Oct 2
Last Checked: Oct 14 at 4:06AM
MLS# S5143820
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 2,028-square-foot duplex, built in 1985, contains two residences with two bedrooms and two bathrooms each. Both units have open floor plans, screened porches, and washers and dryers. Updated appliances are also included. The block-construction property sits on a 0.26-acre lot and has central heating and air conditioning, tile flooring, public water, and public sewer.
The property is near the St. Cloud lakefront, walking paths, shopping, dining, entertainment, and medical services. Long-term tenants are in place. Zoning is SR2.
The property is near the St. Cloud lakefront, walking paths, shopping, dining, entertainment, and medical services. Long-term tenants are in place. Zoning is SR2.
Key Highlights
- Two units, each with 2 bedrooms and 2 bathrooms
- 2,028 square feet on a 0.26‑acre lot
- Screened porch and washer/dryer in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,048
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,960
$541.0K
Cap Rate 7%
$386,400
$386.4K
Cap Rate 9%
$300,533
$300.5K
Market Conditions
NOI Build-Up for 2,028 SF
Gross rent
$41.4K $20.40/SF
− Vacancy
−$2.7K −$1.35/SF
EGI
$38.6K $19.05/SF
− OpEx
−$11.6K −$5.72/SF
NOI
$27.0K $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 Rate 5%
$540,960
Cap Rate 7%
$386,400
Cap Rate 9%
$300,533
Alternative Uses
Best Use
Multifamily LT 5
$386.4K
$338.1K – $450.8K
NOI $27,048 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$355.8K
$311.3K – $415.1K
NOI $24,904 @ 7.0% cap · market cap 5.02%
Theoretical Best
Specialty Retail
$627.1K
$548.7K – $731.6K
NOI $43,896 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
669
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, two bathrooms, in-unit laundry, and a screened porch.
Where is this duplex located?
The property is located at 607-609 CALIFORNIA Avenue Saint Cloud, FL.
What is the asking price?
The asking price for this property is $496,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 bathrooms; 2,028 square feet on a 0.26‑acre lot; Screened porch and washer/dryer in each residence
