New Construction Townhome with
For Sale
$338,545
6915 FIVE OAKS DRIVE, Saint Cloud, FL 34773
Move-in ready townhome with 3 bedrooms, loft, and 2-car garage.
Property Size1,777 SF
Lot Size0.04 Acres
Price / SF$190.51
Days on Market579
Property Features for 6915 FIVE OAKS DRIVE
General Information
Standard status
Active
Size
1,777 SF
Lot size
0.04 Acres
Property subtype
Condo/Townhome
Building Details
Year Built
2025
Listing Agency:
MALTBIE REALTY GROUP
(813) 819-5255
Listed By:
Bill Maltbie · License #3493842
(813) 819-5255
Source:
Exitrealty
Added: Jan 11, 2025
Changed: Aug 8
Last Checked: Aug 12 at 4:08AM
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 MALTBIE REALTY GROUP
Investment Insights
Based on property information with market context.
This new construction townhome offers 1,777 square feet of living space, featuring 3 bedrooms, 2.5 baths, and a loft. The layout seamlessly connects the kitchen, dining area, and great room, with access to an oversized 2-car garage. The staircase, adorned with metal balusters, leads to a spacious loft, a luxurious owner's suite, and 2 guest bedrooms. The kitchen is equipped with frost white quartz countertops, a stylish backsplash, and white 42-inch upper cabinetry. The owner's and guest baths feature white silestone countertops and white cabinetry. The owner's suite and guest bedrooms have carpet, while luxury vinyl plank flooring extends throughout the first floor, complemented by 17x17 tile in the wet areas. Located 15 minutes south of Lake Nona, Harmony Isle provides access to schools, shopping, dining, attractions, beaches and airports. The property is located in a master-planned community with amenities, including access to Buck Lake, a pool, and a nature trail.
Key Highlights
- Move‑in Ready New Construction Townhome with up to $15,000 closing cost incentive.
- Enjoy low‑maintenance living in a master‑planned community with resort‑style amenities including a pool, nature trail, and access to Buck Lake.
- Spacious 1,777 sq ft layout featuring 3 bedrooms, 2.5 baths, and a loft.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,822
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$436,440
$436.4K
Cap Rate 7%
$311,743
$311.7K
Cap Rate 9%
$242,467
$242.5K
Market Conditions
NOI Build-Up for 1,777 SF
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.
Gross rent
$42.4K $23.88/SF
− Vacancy
−$2.8K −$1.55/SF
EGI
$39.7K $22.33/SF
− OpEx
−$17.9K −$10.05/SF
NOI
$21.8K $12.28/SF
Area
Osceola County, FL
Vacancy
6.50%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$436,440
Cap Rate 7%
$311,743
Cap Rate 9%
$242,467
Alternative Uses
Best Use
Apartment 5plus
$311.7K
$272.8K – $363.7K
NOI $21,822 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$549.5K
$480.8K – $641.1K
NOI $38,463 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
Demographics for 34773, FL
5,186
Population
1,848
Households
2.8
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
306.0 sq mi
ZIP Area
17
Density / Sq Mi
$64,498
Median Household Income
$51,434
Median Earnings
$2,068
Median Rent
$312,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Move-in ready townhome with 3 bedrooms, loft, and 2-car garage.
Where is this residential income property located?
The property is located at 6915 FIVE OAKS DRIVE Saint Cloud, FL.
What is the asking price?
The asking price for this property is $338,545.
What are key features of this property?
This property features: Move‑in Ready New Construction Townhome with up to $15,000 closing cost incentive.; Enjoy low‑maintenance living in a master‑planned community with resort‑style amenities including a pool, nature trail, and access to Buck Lake.; Spacious 1,777 sq ft layout featuring 3 bedrooms, 2.5 baths, and a loft.
