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1018 JERSEY AVENUE, St. Cloud, FL, 34769 | $340,000
Located just 10 blocks from East Lake Tohopekaliga, this income-producing property offers the perfect setup for investors seeking steady returns. Situated on a fully fenced 0. 25+ acre lot, the property includes two separate rental units with strong earning potential.
The main home is a 2-bedroom, 1-bath unit that has been tastefully updated with new windows, a newer roof, and fresh interior and exterior paint. It includes all appliances, along with a brand-new washer and dryer. This unit is ready to rent immediately—ideal for long-term tenants or short-term rental platforms.
In the rear of the property sits a detached 1-bedroom, 1-bath studio apartment with a private upstairs entrance. This self-contained unit offers flexibility as a second rental, guest space, or short-term accommodation.
With the potential to generate over $33, 000 annually, this property is a turnkey solution for house hackers, seasoned investors, or anyone looking to live in one unit while renting the other. Additional highlights include a freshly painted shed, an outdoor jacuzzi, no HOA, and a prime location near shopping, dining, and the lakefront. Properties like this—offering multiple income streams with minimal upfront work—are rare in today’s market.
Don’t miss out on this high-demand rental opportunity in a desirable Saint Cloud neighborhood.
Features
- Bedrooms: 3
- Units: 2
- Lot Size: 75 x 150
- Laundry: Laundry Room
- Year Built: 1910
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,124
- Acreage: 0.26
- Lot Size: 75 x 150
- Est. Taxes: $514
- Lot Desc: Near Marina
- Pet Policy: Yes
- MLS#: S5125277
- Days on Market: 8 days
- Website: https://www.raveis.com
/prop/S5125277/1018jerseyavenue_stcloud_fl?source=qrflyer
Listing courtesy of EXP REALTY LLC Phone: 407-846-0940
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1018 JERSEY AVENUE, St. Cloud, FL, 34769
$340,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $272,000 | $272,000 | $272,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
| Monthly Tax Payment | $43 | $43 | $43 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,719 | $1,787 | $2,277 |
| Total Monthly Payment | $1,837 | $1,905 | $2,395 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388