323 W CYPRESS STREET Kissimmee, FL $ 1,500,000
323 W CYPRESS STREET
$ 1,500,000
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323 W CYPRESS STREET

Kissimmee, FL, 34741
$ 1,500,000
Bedrooms-- Baths-- Sq 4,551

Monthly Estimate*

$ 9,471

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Commercial Property for sale in Kissimmee, FL

for $1,500,000. This 4,551 square foot building was built in 1982 on a lot size of 0.44.

PRIME MEDICAL CORRIDOR LOCATION * Investment opportunity: 4,551 SF medical/professional office building on a corner lot one block off Hwy 192, positioned between two hospitals — Persan Professional Plaza, 323-327 W. Cypress St, Kissimmee, FL 34741. Zoned T4-O. Future Land Use: MU-V (Mixed-Use – Vine Street Overlay). Three addressable units (323, 325, 327 W. Cypress) under one roof, each separately metered for electric and water. The building offers approximately 26 individual rooms configured as exam rooms, private offices, and clinic space, plus 6 restrooms, a dedicated waiting room, and multiple reception/lobby areas — built out for medical use throughout its history. New roof (2026). 19 parking spaces including handicap. Building-mounted signage in place. Flexible leasing: available as a single unit, two combined units, or the entire building. Approximate unit sizes range from ±1,400 – 1,700 SF per individual unit up to the full 4,551 SF for all three combined (unit-by-unit square footage approximate) Unit configuration: 325 and 327 each have separate exterior entrances and share an interior connecting door, allowing them to be leased/operated together (±2,900 – 3,200 SF combined) or independently. 323 is a standalone unit, currently occupied on a month-to-month lease at a rate below current market — upside on renewal or re-lease. 325 and 327 are currently vacant, offering an owner-user opportunity or lease-up potential at market rents. The T4-O zoning conditionally permits office and medical/professional office use, and the MU-V future land use designation supports the property's continued use while offering long-term redevelopment potential under the City's Vine Street corridor revitalization plan (up to 6.0 FAR / 40 du per acre at the project level, subject to City approval). Ideal for medical, dental, or professional office use, an investor seeking value-add through lease-up and rent repositioning, or a healthcare group wanting a multi-suite footprint near two hospitals.

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 9,116

Style

Medical Office

Lot Size

0.44

Year Built

1982

Town/City

Kissimmee

County/Region

Osceola

MLS | Web ID

S5155353

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Capable Electricity Available Phone Available Public Underground Utilities
Possession Close Of Escrow
Roof Shingle
Zoning KRPB
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 1982
Levels One
Property Subtype Medical Office
Tax Year 2025
Ownership Fee Simple
County Osceola
New Construction false
Property Type Commercial Sale
Subdivision Name HILLCREST
Facing Direction South
Building Features Bathrooms Reception Waiting Room
Status Active
Directions FROM 192 AND OBT TRAVEL WEST TO CENTRAL AVENUE TURN RIGHT ONTO CENTRAL AVENUE THEN RIGHT ONTO CYPRESS ST. PROPERTY WILL BE ON YOUR LEFT. SIGN ON PROPERTY.
City KISSIMMEE
Number Of Units Total 3
MLS Area 34741 - Kissimmee (Downtown East)
Lot Size Units Square Feet
Lot Size Square Feet 19036
Listing Terms Cash
Tax Annual Amount 9116.39
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://www.tourfactory.com/idxr3250437
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 6
Legal Description HILLCREST PB 1 PG 294 LOTS 6-9 INC & VAC ALLEY ABUTTING LOTS 6-9
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Flooring Carpet Ceramic Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Rods
Total Baths 0
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Exterior
Vegetation Oak Trees
Parking Features Curb Parking
Lot Features Central Business District Corner Lot City Lot Sidewalk
Water Source Public
Lot Size Area 19036
Foundation Details Slab
Number of Buildings 1
Building Area Total 4620
Lot Dimensions 90 x 210
Lot Size Acres 0.44
Road Surface Type Paved
Waterfront Y/N false
Number of Separate Electric Meters 3
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Racquel@EastParkRealty.com

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Affordability Calculator

$10,231
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$760
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2026$1,500,000 Listed Price

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323 W CYPRESS STREET, Kissimmee, FL, 34741 is a Commercial Property for sale at $1,500,000 with 4,551 sqft and a lot size of 0.44. 323 W CYPRESS STREET was built in 1982. The property's zip code is 34741 which is in Kissimmee, FL