Multifamily Parcel with Income
810 PERSON, Kissimmee, FL 34741
For Sale
$699,900
Multifamily parcel with multiple income-producing properties on over 3/4 acre.
Property Size3,523 SF
Lot Size0.79 Acres
Days on Market247
Property Features for 810 PERSON
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
Century 21 All Homes & Propert
Listed By:
Kish Munjal · License FL #622065
(407) 922-2100
Source:
Elliman
Added: Mar 10
Changed: Nov 2
Last Checked: Nov 10 at 7:02AM
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 includes three lots with multiple properties, presenting an investment opportunity. Situated on over 3/4 acre of land zoned for multifamily use, the property has the potential to generate income. The site currently features eight income-producing properties.
Key Highlights
- Multifamily parcel on over 3/4 acre of land
- Zoned for multifamily use
- Includes 8 income‑producing properties
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,481
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,620
$869.6K
Cap Rate 7%
$621,157
$621.2K
Cap Rate 9%
$483,122
$483.1K
Market Conditions
NOI Build-Up for 3,523 SF
Gross rent
$84.6K $24.00/SF
− Vacancy
−$5.5K −$1.56/SF
EGI
$79.1K $22.44/SF
− OpEx
−$35.6K −$10.10/SF
NOI
$43.5K $12.34/SF
Area
Osceola County, FL
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,620
Cap Rate 7%
$621,157
Cap Rate 9%
$483,122
Alternative Uses
Best Use
Apartment 5plus
$621.2K
$543.5K – $724.7K
NOI $43,481 @ 7.0% cap · market cap 6.21%
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
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
$270,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Kissimmee, FL
Properties on Market for Multifamily properties in Kissimmee
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily parcel with multiple income-producing properties on over 3/4 acre.
Where is this multifamily property located?
The property is located at 810 PERSON 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; Includes **8 income‑producing properties**
