2690 E LAKE Rd, Kissimmee, FL 34744

Beds
6
Baths
5
Sqft
3,429
Garage
Yes
Pool
Yes

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Listed byREALTY ONE GROUP INSPIRATION
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
5
Square feet
3,429
Lot size (acres)
6.46
Year built
1996

Interior features

Laundry
Common Area

Exterior features

Pool
Yes
Water view
Yes
Waterfront
Canal Front

Garage and parking

Garage parking spaces
4

Utilities

Heating
Electric
Cooling
Central Air
Sewer
Septic System
Water
Well

Taxes

Tax Annual Amount (2025)
$8,828.86

Public schools

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Sourced from: Stellar MLS MLS®#: O6420498 Last checked:

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