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4 units for sale Michigan Ct Saint Cloud 2 Properties Offered at $722,795 CAD in Saint Cloud, FL

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INVESTMENT HIGHLIGHTS

  • 100% Occupancy Achieved
  • Well-Designed Living Space
  • NO HOPA

EXECUTIVE SUMMARY

Investment Opportunity! Discover this unique portfolio of 4 rental units located in the sought-after Michigan Court community in Saint Cloud, Florida. Each unit features 2 spacious bedrooms, 1 bathroom, and 856 square feet of well-designed living space. Perfectly suited for long-term rental investments, these units offer steady income potential in a thriving rental market. All units are on yearly leases. All FULLY RENTED. The property is conveniently located near major highways, shopping, dining, and entertainment options, making it highly desirable for tenants. Don't miss out on this incredible opportunity to expand your investment portfolio with a property offering both immediate returns and long-term growth potential. Schedule your private tour today!
714 Michigan unit 1 rented at $1,450 until 5/31/2026
714 Michigan Unit 2 available
714 Michigan unit 3 rented at $1,350 until 12/31/2026
714 Michigan unit 4 rented at $1,425 until 3/31/2026

ATTACHMENTS

Michigan units rent roll 2026
RENT ROLL

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (PRO FORMA - 2026)

ANNUAL (CAD)
Gross Rental Income $93,516
Other Income -
Vacancy Loss -
Effective Gross Income $93,516
Taxes $10,298
Operating Expenses $29,780
Total Expenses $40,078
Net Operating Income $53,437

TAXES & OPERATING EXPENSES (PRO FORMA - 2026)

Gross Rental Income (CAD)
Annual $93,516
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $93,516
Taxes (CAD)
Annual $10,298
Operating Expenses (CAD)
Annual $29,780
Total Expenses (CAD)
Annual $40,078
Net Operating Income (CAD)
Annual $53,437

PROPERTY FACTS

Price $722,795 CAD
Price / SF $167.16 CAD / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
  • High Vacancy Property
Cap Rate 15.87%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 4,324 SF
Total Land Area 0.08 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
714 Michigan Ct, 1st Floor - Unit 1-4, Saint Cloud, FL 34769 Flex Condo 900 SF 1972 -
714 Michigan Ct, Saint Cloud, FL 34769 Multifamily 3,424 SF 1972 -
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  • Listing ID: 34494898

  • Date on Market: 2025-01-15

  • Last Updated:

  • Address: 4 units for sale Michigan Ct Saint Cloud, Saint Cloud, FL

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