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Kissimmee Triplex with Studio Apartment

1526 TANGELO Cir, Kissimmee, FL 34746

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For Sale

$685,000

Income-producing triplex with a separate studio in a high-growth area.

Type:Investment

Property size:

3,700 SF

Price / SF:

$185/SF

HighLights

High income potential: Generating approximately $5,900 in monthly rental income with potential for increases.
Prime location in a high‑growth area of Kissimmee, close to major roadways, shopping, dining, and attractions.
Versatile unit mix: Includes a 2/2, a 2/1.5 two‑story unit, and a 3/2 unit with a separate 1/1 studio.
New roof installed in 2023.
No HOA restrictions, providing management flexibility.
Oversized lot with ample parking.

We can help!

Listing Contact

Faisal Miah

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For Sale

$685,000

Income-producing triplex with a separate studio in a high-growth area.

Type:Investment

Property size:

3,700 SF

Price / SF:

$185/SF

Added:: Apr 21, 2026
Days on Market:: 55
Last Refresh:: Apr 21 at 12:23 am

Property Features for 1526 TANGELO Cir

General Information

Standard status: Active
Size: 3,700 SF
Property subtype: Investment

Building Details

Year Built: 1985

We can help!

Listing Contact

Faisal Miah

Listing agent Faisal Miah

Listing office

Listing date Apr 21, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Faisal Miah

HighLights

High income potential: Generating approximately $5,900 in monthly rental income with potential for increases.
Prime location in a high‑growth area of Kissimmee, close to major roadways, shopping, dining, and attractions.
Versatile unit mix: Includes a 2/2, a 2/1.5 two‑story unit, and a 3/2 unit with a separate 1/1 studio.
New roof installed in 2023.
No HOA restrictions, providing management flexibility.
Oversized lot with ample parking.

Overview

This multifamily property, constructed in 1985, is located in Kissimmee, Florida. The property contains over 3,700 square feet of living space and is situated on an oversized lot. The triplex includes one 2-bedroom, 2-bath unit; one two-story unit featuring 2 bedrooms, 1 full bath, and an additional half bath; and one 3-bedroom, 2-bath unit that also includes a separate 1-bedroom, 1-bath studio with its own kitchen and living area. All units are currently occupied, generating approximately $5,900 in monthly rental income. Public water and sewer connections are in place. The property has no HOA restrictions. The roof was replaced in 2023. The location is near major roadways, shopping, dining, and attractions. The property is suitable for investors and owner-occupants, with potential for both long-term and short-term rentals.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$59.9k	$16.20
− Vacancy	−$3.9k	−$1.05
EGI	$56.0k	$15.15
− OpEx	−$16.8k	−$4.54
NOI	$39.2k	$10.60

3,700 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$560.4K

$490.4K – $653.9K (±1% cap)

NOI $39,231 @ 7.0% cap · market cap 5.73%

Second Best

Apartment 5plus

$500.7K

$438.1K – $584.1K (±1% cap)

NOI $35,046 @ 7.0% cap · market cap 5.12%

Theoretical Best

Office A

$889.1K

$778.0K – $1.04M (±1% cap)

NOI $62,240 @ 7.0% cap · market cap 9.09%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Kissimmee
County: Polk
State: Florida
Longitude: -81.4575022
Latitude: 28.3061022

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For sale
Triplexes
FL
Kissimmee
34746
1526 TANGELO Cir

What type of property is this?

Triplex - Income-producing triplex with a separate studio in a high-growth area.

Where is this triplex located?

The property is located at 1526 TANGELO Cir Kissimmee, FL.

What is the asking price?

The asking price for this property is $685,000.

What are key features of this property?

This property features: High income potential: Generating approximately $5,900 in monthly rental income with potential for increases.; Prime location in a high‑growth area of Kissimmee, close to major roadways, shopping, dining, and attractions.; Versatile unit mix: Includes a 2/2, a 2/1.5 two‑story unit, and a 3/2 unit with a separate 1/1 studio.

1526 TANGELO Cir, Kissimmee, FL 34746

Income-producing triplex with a separate studio in a high-growth area.

Property Features for 1526 TANGELO Cir

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Downtown Kissimmee Professional Office Building

Front-Facing Retail Space

Turnkey Restaurant Opportunity in Kissimmee

Single-Story Medical Office Building

Single-Story Retail Building Shell

Established Mini Market & Restaurant

New Mixed-Use Commercial Building

Kissimmee Commercial Investment Opportunity

Renovated Office Building in Kissimmee

Mixed-Use Property in Historic Downtown

New Duplex in Poinciana Villages

New Construction Duplex With Two Units

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