Income Producing
1519 ILLINOIS Avenue Saint Cloud, FL 34769
1519 ILLINOIS Avenue, Saint Cloud, FL, 34769
$265,000
For Sale
$265,000
MULTI_FAMILY - ST CLOUD, FL
Property Size1,456 SF
Lot Size0.33 Acres
Price / SF$182.01
Days on Market247
Property Features for 1519 ILLINOIS Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- SR2
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 2
- Interior features
- Ninguno
- Exterior features
- Awning(s), Balcony
- Standard status
- Active
- APN
- 01-26-30-0001-0298-0130
- Size
- 1,456 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- ST CLOUD PB B PG 34 BLK 298 LOTS 13-15 & S 20 FT LOT 16 11/26/30
- Tax Annual Amount
- 2551
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Frame
- Roof type
- Shingle
Listing agency
THE PROPERTY PROS REAL ESTATE, INC
(407) 879-7591
Listed by
Jose Rodriguez LLC · License #3381972
(619) 947-2787
Added: Nov 16, 2025 Updated: Jul 20 at 8:57PM Checked: Jul 21 at 9:06AM
MLS# O6358436
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 for-sale quadplex is an income-producing residential rental property built on a 0.33-acre lot. The property size is listed at 1,456 square feet, and the listing is categorized for multifamily and residential income use. Zoning is identified as SR2.
The property address is 1519 Illinois Avenue in St. Cloud, Florida 34769, in Osceola County. It is being offered as a rental asset, with the listing remarks emphasizing ongoing cash-flow potential from tenant occupancy. Interested buyers and brokers should arrange a showing to review the units and confirm income and operating details.
The property address is 1519 Illinois Avenue in St. Cloud, Florida 34769, in Osceola County. It is being offered as a rental asset, with the listing remarks emphasizing ongoing cash-flow potential from tenant occupancy. Interested buyers and brokers should arrange a showing to review the units and confirm income and operating details.
Key Highlights
- Central heating with central air conditioning
- Public water supply and public sewer connection
- Frame construction with shingle roof
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 | $29.7k | $20.40 |
| − Vacancy | −$2.0k | −$1.35 |
| EGI | $27.7k | $19.05 |
| − OpEx | −$8.3k | −$5.72 |
| NOI | $19.4k | $13.34 |
1,456 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$277.4K
$242.7K – $323.7K
NOI $19,419 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$255.4K
$223.5K – $298.0K
NOI $17,880 @ 7.0% cap · market cap 6.75%
Theoretical Best
Specialty Retail
$450.2K
$393.9K – $525.3K
NOI $31,515 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - For sale income-producing quadplex with SR2 zoning in St. Cloud, Florida.
Where is this quadplex located?
The property is located at 1519 ILLINOIS Avenue Saint Cloud, FL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Central heating with central air conditioning; Public water supply and public sewer connection; Frame construction with shingle roof
