Remodeled Duplex with Shared
For Sale
$310,000
810 8TH STREET, Saint Cloud, FL 34769
Two updated one-bedroom residences offer modern kitchens, appliances, and shared outdoor laundry hookups.
Property Size1,056 SF
Price / SF$293.56
Days on Market562
Property Features for 810 8TH STREET
General Information
Standard status
Active
Size
1,056 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$4,087
Building Details
Year Built
1930
Listing Agency:
DMIC INVESTMENTS LLC
(407) 451-9939
Listed By:
Kissandra Macanthony · License #3320400
(407) 403-0774
Source:
Exitrealty
Added: Apr 4, 2025
Changed: Oct 9
Last Checked: Sep 15 at 5:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DMIC INVESTMENTS LLC
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Investment Insights
Based on property information with market context.
This duplex contains two 1-bedroom, 1-bath units within 1,056 SF. Both residences were remodeled in 2022 and include modern kitchens with new cabinets, granite countertops, and a full appliance package. The property also has a durable metal roof installed in 2015 and an outdoor laundry room with washer and dryer hookups.
Located in downtown Saint Cloud, the property is near Saint Cloud Lakefront Park, which offers walking trails, a marina, a fishing pier, playgrounds, and picnic areas. Shopping, dining, entertainment, and access to the Florida Turnpike are also nearby. Utilities are served through a single shared meter and paid by the tenants to the owner.
Located in downtown Saint Cloud, the property is near Saint Cloud Lakefront Park, which offers walking trails, a marina, a fishing pier, playgrounds, and picnic areas. Shopping, dining, entertainment, and access to the Florida Turnpike are also nearby. Utilities are served through a single shared meter and paid by the tenants to the owner.
Key Highlights
- Two 1‑bed, 1‑bath units totaling 1,056 SF
- Both units remodeled in 2022
- Modern kitchens with new cabinets and granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,084
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,680
$281.7K
Cap Rate 7%
$201,200
$201.2K
Cap Rate 9%
$156,489
$156.5K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$21.5K $20.40/SF
− Vacancy
−$1.4K −$1.35/SF
EGI
$20.1K $19.05/SF
− OpEx
−$6.0K −$5.72/SF
NOI
$14.1K $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%
$281,680
Cap Rate 7%
$201,200
Cap Rate 9%
$156,489
Alternative Uses
Best Use
Multifamily LT 5
$201.2K
$176.1K – $234.7K
NOI $14,084 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$185.3K
$162.1K – $216.1K
NOI $12,968 @ 7.0% cap · market cap 4.18%
Theoretical Best
Specialty Retail
$326.5K
$285.7K – $381.0K
NOI $22,857 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
989
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated one-bedroom residences offer modern kitchens, appliances, and shared outdoor laundry hookups.
Where is this duplex located?
The property is located at 810 8TH STREET Saint Cloud, FL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Two 1‑bed, 1‑bath units totaling 1,056 SF; Both units remodeled in 2022; Modern kitchens with new cabinets and granite countertops
