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2690 E Lake Road

Kissimmee, FL 34744
  • $1,938,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: O6420498
UPDATED: 69 min ago
$1,938,000
  • 6
    BEDS
  • 6.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,429
    SQFT
  • $565
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1996
County:
Area:

School Information

Elementary School:
Middle School:

Description

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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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-07-11T15:45:39.367.
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2690 E Lake Road Kissimmee, FL 34744

  • Price: $1,938,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 69 min ago
  • MLS #: O6420498
6
Beds
0
Baths
0
½ Baths
6.46
Acres
3,429
SQFT
$565
$/SQFT
1996
Built
Neighborhood:
Acreage & Unrec
County:
Osceola
Area:
Kissimmee
Elementary School:
East Lake Elem
Middle School:
Narcoossee Middle
High School:
Tohopekaliga High School
Property Description
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.
Exterior Features

Attached Garage Yn No Carport Spaces 2 Carport Yn Yes Common Walls End Unit Construction Materials BlockConcreteStucco Covered Spaces 6 Exterior Features Garden Foundation Details Block Lot Features Corner LotOversized LotPrivateStreet Dead-End Other Structures Boat HouseGuest House Parking Features BoatCoveredOversizedRV Parking Patio And Porch Features Deck Pool Features In Ground Pool Private Yn Yes Road Frontage Type Street Dead-End Road Surface Type Dirt Roof Other Spa YN No View GardenPoolTrees/WoodsWater Water Access Canal - FreshwaterLake Water Access Yn Yes Water Extras Boat Ramp - Private Water Extras Yn Yes Water View CanalLake Water View Yn Yes Waterfront Features Canal Front Waterfront Yn Yes

Interior Features

Building Area Total 4881 Cooling Central Air Cooling YN Yes Fireplace Yn No Heating Electric Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Common Area Sewer Septic Tank Water Source Well

Property Features

Additional Parcels YN Yes Annual Net Income 30000 Association Yn No Cdd Yn No Down Payment Resource No Flood Zone Code AE Garage Yn Yes Listing Terms CashConventional New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Condition Fixer Property Sub Type Duplex Realtor Info As-IsNo Sign Senior Community Yn No Special Listing Conditions None Tax Annual Amount 8828.86 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity Connected Zoning R-1M


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of REALTY ONE GROUP INSPIRATION: 321-233-2300.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-07-11T15:45:39.367.
 
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