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Waterfront Development Land with Two Parcels
For Sale
$1,938,000

2690 E LAKE Road, Kissimmee, FL 34744

Residential Income, KISSIMMEE, FL

Property Size3,429 SF
Lot Size6.46 Acres
Price / SF$565.18
Days on Market59

Property Features for 2690 E LAKE Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-1M
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2
Parking features Oversize, RV, Boat, Covered
Patio and Porch features Deck
Pets allowed Yes
Pool private 1
Interior features Ceiling Fans(s)
Exterior features Garden
Subdivision ACREAGE & UNREC
Lot features Corner Lot, Oversized Lot, Private, Street Dead- End
View Water, Lake
Elementary school East Lake Elem
Middle school Narcoossee Middle
High school Tohopekaliga High School
Directions Follow FL-417 N to State Hwy 527A/Boggy Creek Rd. Take exit 17B from FL-417 N. Continue on Boggy Creek Rd. Drive to E Lake Rd in Osceola County, Turn right onto State Hwy 527A/Boggy Creek Rd, Turn right onto Nele Rd, Nele Rd turns right and becomes Sharpey Rd, Turn left onto E Lake Rd
Standard status Active
APN 10-25-30-0000-0226-0000
Size 3,429 SF
Lot size 6.46 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BEG 2597.65 FT S OF NW COR GOVT LOT 1, S 382.58 FT, NELY 350.49 FT, N 298.39 FT, W 340 FT TO POB. BEG 2129.15 FT S & 340 FT E OF NW COR GOV LOT 1, CONT E 85.01 FT, S 331 FT, SELY 405.68 FT, SWLY TO A PT DUE S OF POB, N TO POB & BEG 50 FT W OF NW COR BLK C NE LAKE EST, W 205 FT, S 331 FT, SELY 405.68 FT, NELY ALONG SHORELINE EAST LAKE TO SW COR BLK C NE LAKE EST, N TO A PT 822 FT S OF NW COR BLK C NE LAKE EST, S 76 DEG W 80 FT, N 21 DEG W 342.23 FT, N 90 FT, E 56 FT, N 50 FT, E 95 FT, N 191 FT TO POB LESS BEG S 109 FT & W 57 FT OF NW COR BLK C NORTHEAST LAKE ESTATES, W 23 FT, S 50 FT, E 23 FT, N 50 FT & LESS BEG S 161 FT & W 122 FT OF SAID NW COR, W 23 FT, S 30 FT, E 23 FT, N 30 FT & LESS BEG S 89 FT, W 105 FT OF SAID NW COR, W 10 FT, S 23 FT, E 10, N 23 FT
Tax Annual Amount 8829
Legal Description BEG 2597.65 FT S OF NW COR GOVT LOT 1, S 382.58 FT, NELY 350.49 FT, N 298.39 FT, W 340 FT TO POB. BEG 2129.15 FT S & 340 FT E OF NW COR GOV LOT 1, CONT E 85.01 FT, S 331 FT, SELY 405.68 FT, SWLY TO A PT DUE S OF POB, N TO POB & BEG 50 FT W OF NW COR BLK C NE LAKE EST, W 205 FT, S 331 FT, SELY 405.68 FT, NELY ALONG SHORELINE EAST LAKE TO SW COR BLK C NE LAKE EST, N TO A PT 822 FT S OF NW COR BLK C NE LAKE EST, S 76 DEG W 80 FT, N 21 DEG W 342.23 FT, N 90 FT, E 56 FT, N 50 FT, E 95 FT, N 191 FT TO POB LESS BEG S 109 FT & W 57 FT OF NW COR BLK C NORTHEAST LAKE ESTATES, W 23 FT, S 50 FT, E 23 FT, N 50 FT & LESS BEG S 161 FT & W 122 FT OF SAID NW COR, W 23 FT, S 30 FT, E 23 FT, N 30 FT & LESS BEG S 89 FT, W 105 FT OF SAID NW COR, W 10 FT, S 23 FT, E 10, N 23 FT

Utilities

Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Central Air
Water source Well
Water front 1

Building Details

Year built 1996
Building materials Block, Concrete, Stucco
Additional Structures Boat House
Listing Agency: REALTY ONE GROUP INSPIRATION
Listed By: Abdul Shabir · License #3601686
Added: Jun 26 Changed: Aug 20 Last Checked: Aug 23 at 11:06AM
MLS# O6420498

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.

Investment Insights

Based on property information with market context.

Waterfront development land opportunity totaling 6.46+/- acres across two parcels. The improved 2.66-acre parcel includes existing residential units, while the adjacent 3.80-acre vacant parcel provides additional flexibility for future development plans. Direct waterfront access to East Lake Tohopekaliga supports a variety of end-user visions, subject to county approvals and buyer due diligence.

The property is located at 2690 E Lake Road in Kissimmee, Florida, within Osceola County. The offering includes an existing building constructed with block, concrete, and stucco, with central air and electric heating. Interior amenities include ceiling fans. Exterior features include a garden and a deck, and the property has a private pool. Parking is supported with boat, covered, oversize, and RV spaces.

Zoning is R-1M, and water service is provided by a well with sewer via a septic tank. This combination of frontage, parcel mix, and existing improvements supports redevelopment, subdivision, or estate-style uses when approved.

Key Highlights

  • 6.46+/- acres across two parcels on East Lake Tohopekaliga
  • Improved 2.66‑acre parcel plus adjacent 3.80‑acre vacant parcel
  • Direct waterfront location with access to East Lake Tohopekaliga

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant HVAC Service Electrical Service Law Firm Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 34744, FL

59,232
Population
22,800
Households
2.6
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
33.3 sq mi
ZIP Area
1,779
Density / Sq Mi
$69,837
Median Household Income
$35,174
Median Earnings
$1,426
Median Rent
$326,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Zoned R-1M with direct East Lake Tohopekaliga frontage, offering improved and vacant acreage for development or an estate.
Where is this duplex located?
The property is located at 2690 E LAKE Road Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,938,000.
What are key features of this property?
This property features: 6.46+/- acres across two parcels on East Lake Tohopekaliga; Improved 2.66‑acre parcel plus adjacent 3.80‑acre vacant parcel; Direct waterfront location with access to East Lake Tohopekaliga
More about this property
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