694 Michigan Ct Saint Cloud, FL 34769
For Sale
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Well-maintained multi-unit property located in the Michigan Court community in Saint Cloud, Florida. This property includes two units, each offering 2 bedrooms, 1 bathroom, and approximately 856 square feet of living space. Recent improvements include a new roof and new windows, adding value and reducing future maintenance. Condo association fee is $300 per month per unit. Unit 1 is tenant-occupied with a lease in place through August 31, 2026. Unit 3 is currently vacant, providing flexibility for leasing or owner use. The property is conveniently located near major highways, shopping, dining, and entertainment options. An attractive opportunity for buyers seeking a combination of immediate rental income and vacant-unit flexibility. Showings subject to unit occupancy. bikeScore: 49, Somewhat Bikeable walkScore: 52, Somewhat Walkable
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.