Rare 6.46-Acre Waterfront Development Opportunity on East Lake TohopekaligaAn 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 roadwaysOpportunities of this scale, location, and potential are exceptionally rare in Central Florida.
Listed By
Agency Name: REALTY ONE GROUP INSPIRATION
Agency Contact: 321-233-2300
Shown By
Agent Name: Jacqui Winkler
Agent Phone: Cell: (754) 777-2993
Agency Title: Realty 100
Estimated Payment
$ 5,614.06 per month $4,313.15 Principal & Interest $735.67 Property Tax $565.25 Homeowner's Insurance
2690 E Lake Road | MLS# O6420498
This multi-family property located at 2690 E Lake Road , Kissimmee, FL 34744 is currently listed for sale with an asking price of $1,938,000. Search Kissimmee real estate on jwinkler.realty100.com today.