This is a heavy value-add opportunity in an established St. Cloud neighborhood just minutes from the heart of the city and the East Lake Tohopekaliga waterfront. The property is a block 3-bedroom, 2-bath home with no HOA and will require a major renovation, including an extensive trash-out, roof replacement and significant interior updating, which is all accounted for in the Rehab. 

The location is one of the strongest parts of this opportunity. East Lake Toho and St. Cloud’s Lakefront Park are just up the road, giving the area access to the marina, boat ramp, fishing pier, sand beach, playground, splash pad, outdoor volleyball, pavilions and more than two miles of waterfront bike paths. This is a well-established section of St. Cloud rather than a remote portion of the market, with convenient access to Downtown St. Cloud, local restaurants, shopping and recreation.

The surrounding St. Cloud market continues to show substantial transaction volume. Realtor.com currently reports roughly 1,700 recently sold properties across St. Cloud, while Redfin recorded 374 closed sales in June alone, demonstrating a deep pool of resale activity for renovated inventory. That level of turnover is particularly relevant for an investor considering a full renovation and resale, as there is consistent buyer activity throughout the broader St. Cloud market.

The property is also surrounded by nearby public schools, with Michigan Avenue Elementary and St. Cloud Middle both approximately one mile from the home and currently carrying an “A” school grade on the provided school data. St. Cloud High School is also approximately one mile away. Florida’s Department of Education publishes the state’s official annual school-grade accountability results. Having schools, established residential neighborhoods and the lakefront all concentrated within such a short radius gives this property a strong location story once the extensive renovation is completed.