Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2930 Tohopekaliga Dr Saint Cloud, FL 34772

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $440,000

    2.49-acre waterfront lot on West Lake Toho.

    Lot size:
    2.49 Acres

    Property Features for 2930 Tohopekaliga Dr

    General Information

    Standard status
    Active
    Lot size
    2.49 Acres

    We can help!

    Listing Contact
    Danny Mascarenhas
    Danny Mascarenhas
    Source: Corcoran

    Listing Agency: MASCARENHAS REALTY INC Listing Agent: Danny Mascarenhas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Waterfront Land on West Lake

    This 2.49-acre lot offers a canvas for a waterfront home overlooking West Lake Toho, known for bass fishing and boating. Sold AS-IS, the property includes wetlands. Its location provides access to the Florida Turnpike, Orlando International Airport, and Downtown Orlando, and is near St. Cloud and Kissimmee. The lot offers views of Florida sunsets over the lake in a tranquil setting.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Auto Parts Store Garden Center Veterinary Clinic Carpet & Flooring Store Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Cloud
    County
    Osceola
    State
    Florida
    Longitude
    -81.3727855
    Latitude
    28.2127075

    Nearby Similar for Sale

    • New
      $575,000
      2,699 SF

      St Cloud Highway Business Property

      Corner lot with block structure near US 192.
      1321 Louisiana Ave, Saint Cloud, FL 34769
      View Details
    • $700,000
      Pending

      Established Liquor Business For Sale

      Turnkey liquor business with Osceola County 3PS license.
      922 13Th St, Saint Cloud, FL 34769
      View Details
    • $350,000
      1,444 SF

      St. Cloud Triplex Opportunity

      Triplex in St. Cloud with income potential and convenient location.
      1015 Ohio Ave, Saint Cloud, FL 34769
      View Details
    • $1,050,000
      Pending

      Turnkey Motel with Redevelopment Potential

      Income-producing motel on a 1.06-acre lot with redevelopment potential.
      5575 E Irlo Bronson Memorial Hwy, Saint Cloud, FL 34771
      View Details
    • $1,750,000
      6.89 Acres

      Saint Cloud Land with Shops

      6+ acres in Saint Cloud with commercial shops and bays.
      Marjorie Rd, Saint Cloud, FL 34772
      View Details
    • $2,750,000
      6,430 SF

      Waterfront Hotel/Motel on Alligator Lake

      Hotel/Motel with waterfront access on Alligator Lake in St. Cloud.
      6264 Alligator Lake Shr E, Saint Cloud, FL 34771
      View Details
    • New
      $399,900
      1,653 SF

      St Cloud Duplex Opportunity

      Duplex near St Cloud lakefront with family activities.
      131 Alabama Ave, Saint Cloud, FL 34769
      View Details
    • $515,000
      2,028 SF

      St. Cloud Duplex Investment Opportunity

      Well-maintained duplex near St. Cloud lakefront with long-term tenants.
      607-609 California Ave, Saint Cloud, FL 34769
      View Details
    • New
      $399,000
      Pending

      Fully Leased Commercial Property

      High-visibility commercial property with long-term tenants in a high-traffic corridor.
      1701 10Th St, Saint Cloud, FL 34769
      View Details
    • $314,900
      Pending

      Charming Duplex Near Downtown

      Desirable duplex near downtown Saint Cloud with rental income potential.
      2121 10Th St, Saint Cloud, FL 34769
      View Details
    • $1,050,000
      Pending

      Turnkey Motel with Redevelopment Potential

      Income-producing motel with redevelopment potential in a rapidly expanding market.
      5575 E Irlo Bronson Memorial Hwy, Saint Cloud, FL 34771
      View Details
    • $499,000
      1,950 SF

      St Cloud Two-Story Duplex

      Two-story duplex with two units and fenced backyard.
      817 Ohio Ave, Saint Cloud, FL 34769
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 2.49-acre waterfront lot on West Lake Toho.
    Where is this waterfront land located?
    The property is located at 2930 Tohopekaliga Dr Saint Cloud, FL.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: - Expansive 2.49-acre waterfront lot on West Lake Toho.; - Renowned for world-class bass fishing, boating, and picturesque waterways.; - Prime location with quick access to Florida Turnpike, Orlando International Airport, and Downtown Orlando.
    (321) 662-4737
    Request Owner's contact information
    2930 Tohopekaliga Dr Saint Cloud, FL 34772
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2930 Tohopekaliga Dr
    Saint Cloud, FL 34772
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2930 Tohopekaliga Dr Saint Cloud, FL 34772
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Danny Mascarenhas
    Danny Mascarenhas
    Real Estate License ID: 3295558
    (321) 662-4737
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!