tomo logo

$499,000

Beds
4
Baths
3.0
sq ft
1,541

106 California Ave, Saint Cloud, FL 34769

106 California Ave

SAINT CLOUD, FL 34769

  • 101 days on market
    • Price drop $26,000↓
This is a two-unit rental property with a hotel-style patio/pool/lounge area in the back. Welcome to this completely renovated multiunit income property that is just one block from East Lake Tohopekaliga, eight tenths of a mile from the boat launch and just 20-30 minutes from the theme parks. It is currently generating consistent income on month-to-month leases and short-term rentals. You can continue to rent both sides, live in one side and rent the other or ask everyone to leave and simple enjoy this beautiful resort-style property. The main side of the house consists of three bedrooms and two bathrooms that have been completely remodeled from floor to ceiling. The converted garage side of the house is now a one bedroom, one bathroom apartment with it's own separate entrance, a kitchenette/living room, a separate bedroom and a full bathroom with private access to the back yard. The lot size is an impressive 10,019 square feet, and the back yard/pool/patio area has been converted to a resort style entertainment space for all of your outdoor activities and hospitality. Your family and your guests will love the pool, patio and three separate sitting areas while they enjoy the Florida sun. As you step inside, you will immediately notice the time and attention that went into designing and remodeling every surface of this home. From new floors, new paint all the way to the new Palm Leaf ceiling fans the warm, welcoming sensation of the open concept living room/dining room/kitchen can be felt by all. The property is situated just one block from the lake and five minutes from Walmart, Publix and most other major grocery stores, department stores and pharmacies. If you are looking for an income generating rental property or a property with an In-Law Suite 106 California Ave in St. Cloud, FL is the only one of its kind on the State Streets in St. Cloud. There is nothing else like it!

Details

Property type

Single Family Residence

Est. home value

$354,553

Lot size

0.23 acres

Price per sq ft

$324

Year built

1986

Annual property taxes

$2,490

Price History

07/20/2024
StellarMLS

StellarMLS #A4615050

Price change
$499,000
-4.95%
06/26/2024
StellarMLS

StellarMLS #A4615050

Listed
$525,000
+43.84%
10/11/2023
StellarMLS

StellarMLS #S5087500

Sold
$365,000
+69.77%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$151,585
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$307,495
Cash to seller
$151,585

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2023

Original loan amount

$310,250

Est. remaining balance

$307,495

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Charles Robert Jewett

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/05/2024 at 3:30 AM

Listing updated: 08/01/2024 at 8:09 PM

Listed by: Donna Mink, MINK REALTY Phone #: (502) 717-1722

MLS: StellarMLS #A4615050

StellarMLS logo

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