4553 W IRLO BRONSON MEMORIAL HIGHWAY
Kissimmee, FL, 34746 $ 5,200,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 35,915
for $5,200,000. The lot size is 5.22.
RARE FULLY APPROVED AND PERMITTED 159-UNIT MULTIFAMILY SITE | ±5.22 ACRES ON US-192 | 100% MARKET-RATE A rare opportunity to acquire a fully approved, permitted and construction-ready multifamily development site in the heart of Kissimmee's busiest corridor. The ±5.22-acre assemblage of two parcels at 4553 W Irlo Bronson Memorial Hwy is approved for 159 market-rate rental units in a 6-story mid-rise with structured and surface parking and resort-style amenities. Site permits are issued, positioning a buyer for construction commencement within ±60 days of closing. SKIP THE ENTITLEMENT RISK: The heavy lifting is done. Zoning, site plan approval, civil engineering, environmental and wetland permitting (SFWMD ERP issued with wetland impacts authorized and mitigation credits already purchased and applied) and site permitting are complete. A buyer saves the time, cost and uncertainty of entitlements, approvals, design, environmental review and permitting, typically 18 to 24 months in Central Florida. FLEXIBLE ZONING: Commercial Tourist (CT) zoning within the West 192 Redevelopment Area. 100% market-rate with no affordable set-aside required, while preserving optionality for affordable or workforce execution (4% LIHTC, Live Local Act) should a buyer prefer that capital stack. LOCATION: Direct frontage on US-192 with 56,529+ vehicles per day, minutes from Walt Disney World, Celebration, Old Town and the Osceola Parkway, and roughly 19 miles to Orlando International Airport. The front parcel provides the US-192 entry, monument signage, landscape buffer and stormwater, connected to the main development parcel by a recorded access easement. The required eastbound turn lane is designed to FDOT standards and is permitted with construction. No County performance bond is required. MARKET: More than 190,000 residents within 5 miles, over 55% renter-occupied households, strong tourism and healthcare employment, and limited supply of entitled multifamily land. Full plan sets, renderings, third-party reports, fee schedules and pro forma are available in the data room upon execution of a confidentiality agreement. Seller is flexible and will consider all reasonable offers and deal structures.
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FeaturesGeneralSewer Public Sewer
Utilities Cable Available Electrical Nearby Electricity Available Fire Hydrant Mini Sewer Natural Gas Available Other Public Sewer Available Water Available
Possession Close Of Escrow
Zoning OCT
Tax Year 2025
Current Use Unimproved
Ownership Fee Simple
Additional Parcels Description 13-25-28-5385-0001-0020
County Osceola
Property Type Land
Subdivision Name U S 192 SHOPPING CENTER
Facing Direction West
Status Active
Directions From I-4 take Exit 64 onto US-192 East (W Irlo Bronson Memorial Hwy) toward Kissimmee. Continue east to 4553 W Irlo Bronson Memorial Hwy. Site entry is from US-192 at the front parcel.
High School Celebration High
City KISSIMMEE
MLS Area 34746 - Kissimmee (West of Town)
Lot Size Units Acres
Lot Size Square Feet 227383
Listing Terms Cash Conventional Trade Lease Option Owner May Carry Private Financing Available
Elementary School Reedy Creek Elem (K 5)
Tax Annual Amount 10784
Middle/Junior High School Kissimmee Middle
Additional Parcels Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 3
Legal Description U. S. 192 SHOPPING CENTER PB 6 PG 40 LOTS 2 AND 3 (PARCELS 13-25-28-5385-0001-0030 AND 13-25-28-5385-0001-0020)
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Y
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ExteriorLot Features Buildable In County Retention Areas Suburb Unincorporated Wetlands
Water Source Public
Lot Size Area 5.22
Lot Dimensions 725 x 313
Lot Size Acres 5.22
Road Surface Type Asphalt Paved
Waterfront Y/N false
Road Frontage Type Divided Highway Easement Highway Main Throrughfare State Road
Number of Lots 2
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* Excluded FeaturesList ByCompass Florida LlcBroker
brad.kuskin@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $35,915
- Monthly Property Taxes
- $899
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Kissimmee, FL
Average List Price $1,110,806
Percent of Sale Price 79%
About Kissimmee, FL 69,545 Population
45% Since 2002
$ 38,806 Median Income
36.6 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Celebration High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/16/2026 | $5,200,000 | -5.45% | Price Down |
| 12/19/2025 | $5,500,000 | | Listed Price |