607-609 CALIFORNIA AVENUE Saint Cloud, FL 34769
Duplex - ST CLOUD, FL
Property Features for 607-609 CALIFORNIA AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- SR2
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Interior features
- Ceiling Fans(s)
- Exterior features
- Sliding Doors
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 01-26-30-0001-0036-0160
- Size
- 2,028 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4277.93
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Patricia McCabe License #3348267 (407) 729-6837
Listing office IRON VALLEY REAL ESTATE OSCEOLA 131 E 13th Street SUITE G, Saint Cloud, FL (407) 698-4663
Listing date Feb 12, 2026
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.
Key Highlights
- Investment opportunity with long‑term tenants already in place.
- Highly desirable location near St. Cloud lakefront, walking paths, shopping, entertainment, dining, and medical services.
- Each unit features 2 bedrooms and 2 bathrooms.
Local Financial Insights For Multifamily LT 5
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 | $41.4k | $20.40 |
| − Vacancy | −$2.7k | −$1.35 |
| EGI | $38.6k | $19.05 |
| − OpEx | −$11.6k | −$5.72 |
| NOI | $27.0k | $13.34 |
