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Office Building with Secured Lease

3002 17TH Street, Saint Cloud, FL 34769

For Sale
$459,900

Commercial Sale, ST CLOUD, FL

Property Size1,752 SF
Lot Size0.04 Acres
Price / SF$262.50
Days on Market190

Property Features for 3002 17TH Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning SP
Subdivision ST CLOUD PROFESSIONAL CENTER CONDO
Lot features Curb and Gutters, City Limits, Landscaped, Paved
Directions Head East on 192 take right on Budinger Ave, take right on 17th street, take right into St. Cloud Professional Center
Standard status Active
APN 10-26-30-0740-0001-3002
Size 1,752 SF
Lot size 0.04 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description ST CLOUD PROFESSIONAL CENTER A CONDO CB 11 PG 149-150 OR 3495/1969 UNIT 3002
Tax Annual Amount 5488
Legal Description ST CLOUD PROFESSIONAL CENTER A CONDO CB 11 PG 149-150 OR 3495/1969 UNIT 3002

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2007
Floors in Building 1
Building materials Block
Roof type Membrane
Listing Agency: IRON VALLEY REAL ESTATE OSCEOLA
Listed By: Tiffany Licata · License FL #3293026
Added: May 5 Changed: Oct 30 Last Checked: Nov 10 at 2:06AM
MLS# S5149349

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.

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Investment Insights

Based on property information with market context.

This 1,752-square-foot office property was constructed in 2007 with block materials, a membrane roof, central heating, and central air conditioning. Public water and public sewer serve the site, which encompasses 0.04 acres and carries SP zoning. An existing tenant occupies the property under a lease secured through February 2028.

The asset is located at 3002 17TH Street in St. Cloud, Florida, within Osceola County. Nearby destinations identified for the property include Orlando Health St. Cloud Hospital, the St. Cloud Civic Center, renovated baseball fields, and updated aquatic facilities. The surrounding area also includes ongoing development and population growth referenced in the property information.

Key Highlights

  • 1752‑square‑foot office property on 0.04 acres
  • Existing tenant with lease secured through February 2028
  • SP zoning designation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,792
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,840 $575.8K
Cap Rate 7%
$411,314 $411.3K
Cap Rate 9%
$319,911 $319.9K
Market Conditions
NOI Build-Up for 1,752 SF
Gross rent
$46.3K $26.40/SF
− Vacancy
−$7.9K −$4.49/SF
EGI
$38.4K $21.91/SF
− OpEx
−$9.6K −$5.48/SF
NOI
$28.8K $16.43/SF
Area
Osceola County, FL
Vacancy
17.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,840
Cap Rate 7%
$411,314
Cap Rate 9%
$319,911

Alternative Uses

Best Use
Office B
$411.3K
$359.9K – $479.9K (±1% cap)
NOI $28,792 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$541.7K
$474.0K – $632.0K (±1% cap)
NOI $37,922 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

894
Businesses Nearby

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
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Osceola County, FL

$306 Jul
$312 Aug
$302 Sep
$310 Oct

Properties on Market for Office buildings in Osceola County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Block-built commercial office asset with central HVAC, public utilities, and an in-place tenancy extending through February 2028.
Where is this office building located?
The property is located at 3002 17TH Street Saint Cloud, FL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: 1752‑square‑foot office property on 0.04 acres; Existing tenant with lease secured through February 2028; SP zoning designation
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