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For sale
  • $1,938,000

    2690 E LAKE ROAD, KISSIMMEE, FL 34744

    6beds
    5baths
    3,429sqft
    : 
    $12,830/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1996
    -- sqft lot
    $-- Zestimate®
    $565/sqft
    $-- HOA

    What's special

    Mature oak treesExisting income-producing improvementsExpansive frontage
    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.
    40 days
    |
    655
    |
    27
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Abdul Shabir 407-697-7340,

    REALTY ONE GROUP INSPIRATION 321-233-2300

    Source: Stellar MLS,MLS#: O6420498MLS LogoOriginating MLS: Osceola

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Laundry: Common Area
      Features
      • Ceiling Fan(s)
      • Has fireplace: No
      • Common walls with other units/homes: End Unit
      Interior area
      • Total structure area: 4,881
      • Total interior livable area: 3,429 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Boat, Covered, Oversized, RV Access/Parking
      • Garage spaces: 4
      • Carport spaces: 2
      • Covered spaces: 6
      Features
      • Patio & porch: Deck
      • Exterior features: Garden
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: Garden, Pool, Trees/Woods, Water, Canal, Lake
      • Has water view: Yes
      • Water view: Water,Canal,Lake
      • Waterfront features: Canal Front, Freshwater Canal Access, Lake Privileges, Boat Ramp - Private
      • Frontage length: Canal: 50
      Lot
      • Size: 6.46 Acres
      • Features: Corner Lot, Oversized Lot, Private, Street Dead-End
      Details
      • Additional structures: Boat House, Guest House
      • Additional parcels included: 10-25-30-0000-0221-0000
      • Parcel number: 102530000002260000
      • Zoning: R-1M
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Block, Concrete, Stucco
      • Foundation: Block
      • Roof: Other
      Condition
      • Fixer
      • New construction: No
      • Year built: 1996

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: ACREAGE & UNREC
      HOA
      • Has HOA: No
      Location
      • Region: Kissimmee

      Financial & listing details

      • Price per square foot: $565/sqft
      • Tax assessed value: $489,300
      • Annual tax amount: $8,828
      • Date on market: 6/27/2026
      • Cumulative days on market: 40 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 2500
      • Tenant pays: Electricity
      • Electric utility on property: Yes
      • Road surface type: Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,955/mo

        Price history

        DateEventPrice
        6/27/2026Listed for sale$1,938,000+93.8%$565/sqft
        Source: Stellar MLS #O6420498 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        10/1/2017Listing removed$1,000,000$292/sqft
        Source: Owner Report a problem
        7/2/2017Listed for sale$1,000,000$292/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,829 +3.8%$489,300 +0%
        2024$8,504 +0.8%$489,100 +1.9%
        2023$8,439 +10.6%$480,100
        2022$7,628 +7.8%--
        2021$7,078 +3.5%$413,600 +3.9%
        2020$6,839 +19.4%$397,900 +11.1%
        2019$5,727 $358,100 -0.5%
        2018$5,727 +9.5%$359,900 -1.1%
        2017$5,228 -3.4%$364,076 +2.1%
        2016$5,410 +1.2%$356,588 +0.7%
        2015$5,346 -0.7%$354,110 +0.8%
        2014$5,383 $351,300 -5.1%
        2013-- $370,000 +1.8%
        2012-- $363,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34744

        Getting around

        3 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: East Lake Elem
        • Middle: Narcoossee Middle
        • High: Tohopekaliga High School

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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