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5350 OSCEOLA DRIVE
About This Property
The property itself is the true standout. Approximately two thirds of the nearly 5 acre parcel is cleared, providing an incredible amount of usable land for outdoor living, animals, hobbies, equipment, recreational vehicles, or simply enjoying the space around you. The property is completely fenced and has NO HOA and NO CDD, giving you the freedom and flexibility that is increasingly difficult to find in Central Florida.
Toward the rear of the property, a beautiful spring fed pond creates a peaceful natural backdrop. With no rear neighbor, the setting offers additional privacy and a true connection to the outdoors. Whether you enjoy fishing, wildlife, gardening, animals, or simply want room to spread out, this property delivers a lifestyle that a typical neighborhood simply cannot offer.
The property is also loaded with additional functional space. Two sheds provide plenty of storage, while two paved carports offer covered parking for vehicles, equipment, or recreational toys. An air conditioned workshop creates an excellent space for projects, hobbies, or additional workspace, and the property even includes a one horse stall for buyers looking to accommodate an equestrian lifestyle. Enjoy total peace of mind with brand-new well components, freshly inspected and fully certified.
Location provides an excellent balance between privacy and convenience. Situated just off US 192, the home offers direct access toward St. Cloud in one direction and Melbourne and the Atlantic beaches in the other, making it possible to enjoy acreage and a more relaxed lifestyle without feeling completely disconnected from shopping, dining, recreation, and the surrounding Central Florida communities.
If you have been searching for acreage, privacy, flexibility, room for your animals and toys, and freedom from HOA and CDD restrictions, 5350 Osceola Drive offers a rare opportunity to own nearly 5 acres with infrastructure already in place and plenty of possibilities for the future.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Listed by AVANTI WAY REALTY LLC | $425,000 | |
| Listed by AVANTI WAY REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017