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Sold on 02/04/2025
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705 Michigan Ct UNIT 1-4, Saint Cloud, FL 34769

$262,170

Last sold 02/04/2025 for $500K

  • —

    bed

  • —

    bath

  • 784

    Sqft ($638/Sqft)

Multi-family not for sale
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About 705 Michigan Ct UNIT 1-4

Property type Multi-family
Year built 1972
HOA fee $1,200/month
Lot size 1,693 Sqft
Movoto estimate
Rental estimate
Property description
Over 6% CAP on this 4 unit multifamily building located in a desirable GATED community in the city of St. Cloud - FL, minutes from the turnpike to Orlando area. Fully rented with yearly contracts. The all-block and stucco building is in excellent condition in terms of external area, roofing, paint, plumbing, and electricity. Each unit is a two-bedroom, one-bathroom spacious condo with all appliances included. SEPARATE electric bills are each tenant's responsibility. Water for all units, lawn care, and community pool maintenance are included in HOA fees. The amenities include a community pool, playgrounds, a green area, and laundry. Please note that there are a total of 4 parcel ID numbers. 11-26-30-0609-0705-0010, 11-26-30-0609-0705-0020, 11-26-30-0609-0705-0030, 11-26-30-0609-0705-0040. This must be sold as a group. Realtors, please see the remarks. Make your private showing today before this is gone!
Listed by
Listing Agent - Cliff Clover
Listing Agent Contact: 888-883-8509
Listing Office - EXP REALTY LLC
Source: Stellar MLS mls logo
MLS#S5118631 • last updated 1 year ago
Movoto checked Stellar MLS for data 7 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Levels/Style One
Type Residential Income
Virtual Tour N/A
SubType Quadruplex
Status Sold
MLS # S5118631
SqFt 784
Lot Size (Acres) 0.04
Lot Size (SqFt) 1693
Property Tax 4408
Year Built 1972
HOA Name Palm Gardens
HOA Fee 14400, Annually
Interior
Laundry Inside
Flooring Tile
Interior Features Kitchen/Family Room Combo, Thermostat
Exterior
Exterior Fence
Roof Shingle
Foundation Slab
Patio and Porch Covered
Parking Desc Assigned
Amenities / Utilities
Utilities Desc BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Public, Sewer Available, Sewer Connected, Street Lights, Water Connected
Sewer Public Sewer
Spa Desc In Ground
Pool Desc In Ground
HOA Amenities Pool
Location
County Osceola
Community Features Clubhouse, Gated Community - No Guard, Pool, Sidewalks, Special Community Restrictions
Subdivision PALM GARDENS CONDO
APN 11-26-30-0609-0705-0010
Zoning SR3
Directions Take Hwy 192/Vine Street EAST To St. Cloud. Right @ Michigan Avenue And Palm Gardens Condo Will Be On Your Right. Turn Right On Michigan Court And Condo Will Be On Your Right.
Multifamily Details
Tenant Pays Electricity
Total # of Units 4
Financial Data Source Owner
Annual Gross Income 60600
Lot/ Land Details
Number Of Lots 4
Road Surface Type Asphalt
Road Responsibility Private Maintained Road
$262K
Range: $235K-$288K
Last 30 days 
Rental est.: $1,384/month
Gross rent multiplier: 30.1
  • Jan 2026
    mls logo MLS # O6361320
  • Jan 14, 2026 Price Change
    $515,000 (-1.9%)
  • Nov 18, 2025 Listed
    $525,000 (+5.0%)
  • Feb 2025
    mls logo MLS # S5118631
  • Feb 17, 2025 Sold
    $500,000
  • Feb 5, 2025 Pending
    —
  • Feb 4, 2025 Listed
    —
  • Jan 17, 2025 Pending
    —
  • Jan 13, 2025 Listed
    $499,987
  • 705 Michigan Ct UNIT 1-4
    $500K
  • —
  • 34769
    $319K -3% y/y
  • Saint Cloud
    $448K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
St. Cloud High School
public Grades PK, 9-12
The School District of Osceola County
5/10
St. Cloud Middle School
public Grades 6-8
The School District of Osceola County
Source: GreatSchools.org © 2026. All rights reserved.

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