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13 Louisiana Avenue

SAINT CLOUD, FL 34769

9 beds
4 baths
3,848 sqft
14,462 sqft lot
$205 per sqft
1981 build
– on site

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Back on the market! Here is a rare chance to own one of the few 4-plex, multifamily properties steps from the East Lake Tohopekaliga (Lake Toho) waterfront! This hidden gem is a single building comprised of (3) 2-bedroom, 1-bath units, and (1) 3-bedroom, 1-bath unit; it has a common-area lobby and laundry all under one roof. Lower units each have access to a covered patio, while the two upper units enjoy screened porches. All units are separately metered, have assigned parking and their own mailbox. Unit 15 is vacant and has new paint, brand new AC (inside & out) and new water heater. In 2022, Unit 19 received a new fridge and Unit 13 has a new range. The parking area received a facelift in 2022. Inspection report available. Building has a shared laundry room, equipped with a coin-operated washer and dryer (leased), which strategically offsets the common area utility costs. The laundry is separately metered and has a utility sink and dedicated folding area; and, a new water heater was installed last year. Three of the units are occupied by long-term tenants so rents are currently below market. Two units are on a mo-to-mo lease with new rents effective 1 Dec and third unit rent goes up 1 Jan (also converts to mo-to-mo); this will bring the new rent minimum to $63600/mo (with vacant unit renting for $1500/mo). Investors may want to consider making at least one of the units a STR since the area and numbers do support it. Location is one of the under-estimated features of this property. Not only is the building steps away from Lakeshore Blvd and all it's amenities (walking/biking trail, picnic areas, public parking, playground, splash pad, public restrooms, public beach and boat launch, etc), it's a 5-10 min drive to the hospital, grocery stores, shopping, restaurants, Saint Cloud High, 58-acre Peghorn Nature Park & trails, Extreme Sports skate park, and more! Roof will be needed - Seller may be willing to work out something as/if needed in terms of timing or inclusion into a deal. Assignable offers will not be entertained. Out of respect for both tenants and property, do not stop, disturb or go on the property without prior arrangement. Seller financing is available with the right terms no more than 5 years.

Listing courtesy of STELLAR_MLS / RESIDENTIAL WEALTH PARTNERS

Last checked: Checking… • Last updated Sep 19, 2024 •

MLS# O6133357 —

The Building

Year Built:

1981
New Construction:

false
Construction Materials:

Block
Levels:

Two
Roof:

Shingle
Foundation Details:

Block
Patio And Porch Features:

Covered
# of Buildings:

1
Building Area Total:

4144
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Built-in Features
Fireplace:

false

Room Dimensions

Living Area:

3848
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Traveling S from FL-417 on S Narcoossee Rd: Right turn onto Rummell Rd, Right onto Mississippi Ave, quick Left onto E Lakeshore Dr; Left onto Louisiana Ave, property immediately on left.
Latitude:

28.260382
Longitude:

-81.298862
Coordinates:

-81.298862, 28.260382

The Property

Parcel Number:

012630065000011012
Property Type:

Residential Income
Property Subtype:

Quadruplex
Property Condition:

Completed
Lot Size Acres:

0.33
Lot Size Area:

14462
Lot Size SqFt:

14462
Lot Size Dimensions:

96.5 x 150
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

SR2
View:

false
Exterior Features:

French Doors
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Concrete
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

101
Tax Block:

1
Tax Legal Description:

ST CLOUD BLVD LOTS PB B PG 061 BEG 36.04 FT N OF SW COR OF LOT 101, N 96.5 FT, S 80 DEG E 152.35 FT, S 96.5 FT NWLY 152.35 FT TO POB AKA PARCEL F-1
Tax Book Number:

B-061
Tax Annual Amount:

4564.78

Beds

Bedrooms Total:

9

Baths

Total Baths:

4

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Heat Pump
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Appliances:

Range
Laundry Features:

Corridor Access

The Community

Subdivision Name:

ST CLOUD BLVD LTS
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Spa:

false
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Association Fee Requirement:

None
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false
Parking Features:

Assigned

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/20/23 Dec 20, 2023	Sold	STELLAR_MLS	$790,000	-2.5%
12/13/23 Dec 13, 2023	Pending	STELLAR_MLS	$810,000
12/12/23 Dec 12, 2023	Relisted	STELLAR_MLS	$810,000

Multifamily Sold on 12/20/2023

$790,000

Listing provided by broker:

Traci de Wid

RESIDENTIAL WEALTH PARTNERS

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Listing Courtesy of: STELLAR_MLS and RESIDENTIAL WEALTH PARTNERS.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

13 Louisiana Avenue

SAINT CLOUD, FL 34769