Multifamily Land with Income
For Sale
$699,900
810 Person St, Kissimmee, FL 34741
Multifamily land with eight income-producing properties and endless potential.
Property Size3,523 SF
Price / SF$198.67
Days on Market324
Property Features for 810 Person St
General Information
Standard status
Active
Size
3,523 SF
Property subtype
Multi-Family
Building Details
Year Built
1950
Listing Agency:
CENTURY 21 ALL HOMES & PROPERT
Listed By:
Kish Munjal · License #622065
(407) 343-1300
Source:
Figteam
Added: Nov 28, 2025
Changed: Oct 4
Last Checked: Oct 5 at 11:33PM
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 CENTURY 21 ALL HOMES & PROPERT
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Investment Insights
Based on property information with market context.
This multifamily parcel, situated on over 0.75 acres, features three lots with several properties. Zoned for multifamily use, this property includes eight income-producing properties. This property offers the potential to increase income with improvements.
Key Highlights
- Multifamily parcel on over 3/4 acre of land
- Zoned for multifamily use
- Contains 3 lots with several properties
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,263
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,260
$865.3K
Cap Rate 7%
$618,043
$618.0K
Cap Rate 9%
$480,700
$480.7K
Market Conditions
NOI Build-Up for 3,523 SF
Gross rent
$84.1K $23.88/SF
− Vacancy
−$5.5K −$1.55/SF
EGI
$78.7K $22.33/SF
− OpEx
−$35.4K −$10.05/SF
NOI
$43.3K $12.28/SF
Area
Osceola County, FL
Vacancy
6.50%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,260
Cap Rate 7%
$618,043
Cap Rate 9%
$480,700
Alternative Uses
Best Use
Apartment 5plus
$618.0K
$540.8K – $721.1K
NOI $43,263 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.09M
$953.2K – $1.27M
NOI $76,255 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,031
Businesses Nearby
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Business Placement
Demographics for 34741, FL
56,454
Population
22,043
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
87%
High-School Grad
15.0 sq mi
ZIP Area
3,764
Density / Sq Mi
$50,278
Median Household Income
$30,415
Median Earnings
$1,591
Median Rent
$270,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily land with eight income-producing properties and endless potential.
Where is this multifamily property located?
The property is located at 810 Person St Kissimmee, FL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Multifamily parcel on over 3/4 acre of land; Zoned for multifamily use; Contains 3 lots with several properties
