2690 E LAKE ROAD KISSIMMEE FL 34744 MLS #O6420498

2690 E LAKE ROAD
KISSIMMEE, FL, 34744
$1,938,000
6 Beds
5 Baths
3,429 SqFt
6.46 Acres
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MLS #O6420498 image #0
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.

Property Details

Price:
$1,938,000
MLS #:
O6420498
Status:
Active
Beds:
6
Baths:
5
Type:
Multi Family
Subtype:
Duplex
Subdivision:
ACREAGE & UNREC
Neighborhood:
34744kissimmee
Listed Date:
Jun 27, 2026
Finished Sq Ft:
3,429
Total Sq Ft:
4,881
Lot Size:
281,397 sqft / 6.46 acres (approx)
Year Built:
1996
WaterfrontCanalfrontPool34744 – Kissimmee34744kissimmeeAcreage & UnrecEast Lake ElemNarcoossee MiddleTohopekaliga High SchoolPets Allowed

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Schools

Elementary School:
East Lake Elem
Middle School:
Narcoossee Middle
High School:
Tohopekaliga High School

Interior

Cooling
Central Air
Heating
Electric
Interior Features
Ceiling Fan(s)
Laundry Features
Common Area

Exterior

Common Walls
End Unit
Construction Materials
Block, Concrete, Stucco
Covered Spaces
6
Exterior Features
Garden
Garage Spaces
4
Lot Features
Corner Lot, Oversized Lot, Private, Street Dead-End
Other Structures
Boat House, Guest House
Parking Features
Boat, Covered, Oversized, RV Parking
Patio And Porch Features
Deck
Roof
Other
View
Garden, Pool, Trees/Woods, Water
Waterfront Features
Canal Front

Financial

Tax Year
2025
Taxes
$8,829

Map

Community

Subdivisions in KISSIMMEE

Market Summary

Current real estate data for Multi Family in KISSIMMEE as of Jul 23, 2026
27
Multi Family Listed
149
Avg DOM
265
Avg $ / SqFt
$897,137
Avg List Price

Property Summary

    Located in the ACREAGE & UNREC subdivision, 2690 E LAKE ROAD KISSIMMEE FL is a Multi Family for sale in KISSIMMEE, FL, 34744. It is listed for $1,938,000 To schedule a showing of MLS#o6420498 at 2690 E LAKE ROAD in KISSIMMEE, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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