2690 E LAKE ROAD Kissimmee, FL $ 1,938,000
2690 E LAKE ROAD
$ 1,938,000
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2690 E LAKE ROAD

Kissimmee, FL, 34744
$ 1,938,000
Bedrooms6 Baths5.0 Sq 3,429

Monthly Estimate*

$ 12,237

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Multi-Family Home for sale in Kissimmee, FL

for $1,938,000 with 6 bedrooms and 5 full baths. This 3,429 square foot home was built in 1996 on a lot size of 6.46.

Rare 6.46-Acre Waterfront Development Opportunity on East Lake Tohopekaliga An exceptional opportunity to acquire 6.46± acres of waterfront property in one of Central Florida's fastest-growing areas. This offering includes two parcels totaling approximately 6.46 acres, consisting of a 2.66-acre improved parcel and an adjacent 3.80-acre vacant parcel, providing incredible flexibility for investors, developers, builders, or those seeking a private waterfront estate. The improved parcel currently features multiple residential units that generate approximately $30,000 in annual rental income, with the opportunity to increase income by approximately $18,000 annually through leasing the remaining units. Generate cash flow while planning your future vision. The true value of this property lies in its land, location, and development potential. With expansive frontage, mature oak trees, and direct access to beautiful East Lake Tohopekaliga, this is a rare opportunity to create a luxury waterfront enclave or private family compound. Preliminary concepts may allow for multiple estate-sized homes with guest houses, subject to county approvals and buyer due diligence. Located just minutes from Lake Nona, Medical City, Orlando International Airport, major highways, shopping, and dining, properties of this size with waterfront acreage are becoming increasingly difficult to find. Property Highlights • 6.46± acres across two parcels • 2.66-acre improved parcel • 3.80-acre adjacent vacant parcel • Direct waterfront location on East Lake Tohopekaliga • Existing income-producing improvements • Approximately $30,000 annual rental income with additional upside • Excellent investment, redevelopment, or estate opportunity • Potential for future subdivision or luxury estate development (subject to county approval) • Minutes from Lake Nona, Medical City, Orlando International Airport, and major roadways Opportunities of this scale, location, and potential are exceptionally rare in Central Florida.

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Multi-Family Active

Price

$ 1,938,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 8,828

Style

Duplex

Lot Size

6.46

Year Built

1996

Town/City

Kissimmee

County/Region

Osceola

MLS | Web ID

O6420498

Features
General
Sewer Septic Tank
Heating Electric
Cooling Central Air
Utilities Electricity Connected
Roof Other
Zoning R-1M
Garage Spaces 4
Patio/Porch Features Deck
Pool Features In Ground
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1996
Tenant Pays Electricity
View Garden Pool Trees/Woods Water
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Waterfront Features Canal Front
Additional Parcels Description 10-25-30-0000-0221-0000
County Osceola
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name ACREAGE & UNREC
Garage Y/N true
Other Structures Boat House Guest House
Status Active
Directions Follow FL-417 N to State Hwy 527A/Boggy Creek Rd. Take exit 17B from FL-417 N. Continue on Boggy Creek Rd. Drive to E Lake Rd in Osceola County Turn right onto State Hwy 527A/Boggy Creek Rd Turn right onto Nele Rd Nele Rd turns right and becomes Sharpey Rd Turn left onto E Lake Rd
High School Tohopekaliga High School
City KISSIMMEE
Senior Community Y/N false
MLS Area 34744 - Kissimmee
Lot Size Units Acres
Lot Size Square Feet 281397
Carport Spaces 2
Carport Y/N true
Listing Terms Cash Conventional
Elementary School East Lake Elem
Land Lease Y/N false
Tax Annual Amount 8828.86
Middle/Junior High School Narcoossee Middle
Property Condition Fixer
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6420498
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Total Actual Rent 2500
Legal Description BEG 2597.65 FT S OF NW COR GOVT LOT 1 S 382.58 FT NELY 350.49 FT N 298.39 FT W 340 FT TO POB. BEG 2129.15 FT S & 340 FT E OF NW COR GOV LOT 1 CONT E 85.01 FT S 331 FT SELY 405.68 FT SWLY TO A PT DUE S OF POB N TO POB & BEG 50 FT W OF NW COR BLK C NE LAKE EST W 205 FT S 331 FT SELY 405.68 FT NELY ALONG SHORELINE EAST LAKE TO SW COR BLK C NE LAKE EST N TO A PT 822 FT S OF NW COR BLK C NE LAKE EST S 76 DEG W 80 FT N 21 DEG W 342.23 FT N 90 FT E 56 FT N 50 FT E 95 FT N 191 FT TO POB LESS BEG S 109 FT & W 57 FT OF NW COR BLK C NORTHEAST LAKE ESTATES W 23 FT S 50 FT E 23 FT N 50 FT & LESS BEG S 161 FT & W 122 FT OF SAID NW COR W 23 FT S 30 FT E 23 FT N 30 FT & LESS BEG S 89 FT W 105 FT OF SAID NW COR W 10 FT S 23 FT E 10 N 23 FT
Water View Canal Lake
Water Access Type Canal - Freshwater Lake
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s)
Common Walls End Unit
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Total Bedrooms 6
Total Baths 5
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Exterior
Exterior Amenities Garden
Parking Features Boat Covered Oversized RV Parking
Lot Features Corner Lot Oversized Lot Private Street Dead-End
Water Source Well
Lot Size Area 6.46
Foundation Details Block
Number of Buildings 4
Spa false
Building Area Total 4881
Lot Size Acres 6.46
Road Surface Type Dirt
Frontage Length Canal: 50
Private Pool true
Waterfront Y/N true
Covered Spaces 6
Road Frontage Type Street Dead-End
Number of Lots 2
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* Excluded Features
List By
Realty One Group Inspiration

Broker

Rahimshabir@hotmail.com

Email

Affordability Calculator

$12,972
Per Month
94%
6%
0%
Monthly Principal & Interest
$12,237
Monthly Property Taxes
$736
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
0 Elementary School
0 Middle School
Tohopekaliga High School High School High School
Pricing History
DatePricePrice ChangeDescription
6/27/2026$1,938,000 Listed Price

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2690 E LAKE ROAD, Kissimmee, FL, 34744 is a Multi-Family Home for sale at $1,938,000 with 3,429 sqft and a lot size of 6.46. 2690 E LAKE ROAD has 6 bedrooms, 5.0 baths, and was built in 1996. The property's zip code is 34744 which is in Kissimmee, FL