About This Home

This 6-bedroom, 5-bathroom multi-family at 2690 E LAKE Road in Kissimmee, FL is listed for $1,938,000 ($565 per sqft). Built in 1996, the home offers 3,429 sqft of living space on a 6.46 acres lot.

Key Features

  • Built in 1996
  • 6.46 acre lot
  • Private pool
  • Waterfront

Property Details

5 full
4-car garage
1996

Amenities

PoolWaterfrontViewA/CRV Parking
Listing 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 par

cel, 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 - Poten

tial 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.

Monthly Cost Estimate

$10,365/mo

20% down · 6.5% · 30 years

Principal$1,402
Interest$8,398
Insurance$565

Estimates only. Actual payments may vary.

Location

2690 E LAKE Road

Kissimmee, FL 34744

ACREAGE & UNREC

Features & Amenities

Interior Features

Ceiling Fans(s)

Exterior Features

Garden

Property Details

Construction

Block Concrete Stucco

Views

LakeWater

Pool Features

Pool

Outdoor Features

Deck

Parking

CoveredOversizeBoatRV

Heating

Electric (Heating)

Cooling

Central Air

Questions & Answers

This 6-bedroom, 5-bathroom multi-family at 2690 E LAKE Road is listed at $1,938,000 ($565/sqft). The estimated monthly payment is $10,365 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1996, 6.46 acre lot, Private pool, Waterfront. Interior Features: Ceiling Fans(s). Exterior Features: Garden.

This property is listed by Abdul Shabir.

AS

Abdul Shabir

Agent at Realty ONE Group Inspiration

Listed by Realty ONE Group Inspiration · Broker phone: (407) 590-0004 · View on Broker Site

MLS# O6420498· Source: Stellar MLS· 123 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2690 E LAKE Road, Kissimmee, FL 34744

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