Mixed-Use Center with Rooftop
For Sale
$3,500,000
KISSIMMEE, FL 34741, Kissimmee, FL 34741
Commercial Sale, KISSIMMEE, FL
Property Size9,966 SF
Lot Size0.16 Acres
Price / SF$351.19
Days on Market217
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
T5-M
Subdivision
SOUTH FLORIDA RAILROAD COMPANYS TOWN OF KISSIMMEE
Standard status
Active
Size
9,966 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
29270
Utilities
Cooling system
Central Air
Amenities
walking deck on the rooftop
Building Details
Year built
1910
Floors in Building
2
Building materials
Brick
Roof type
Membrane
Listing Agency:
THE PROPERTY PROS REAL ESTATE, INC
(407) 879-7591
Listed By:
Christie Gisondi · License #SL3172930
(321) 544-5466
Added: Mar 5
Changed: Oct 7
Last Checked: Oct 8 at 2:06AM
MLS# O6389308
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.
This 9,966-square-foot mixed-use property comprises two two-story brick buildings, constructed in 1910 and 1920, on a 0.16-acre parcel. The buildings include two restaurants or bars, a leased retail space, and an apartment with a full kitchen and bathroom that is currently used as an office. Improvements include new flooring in some second-floor office suites, remodeled bathrooms, two HVAC units, a newer membrane roof, exterior paint, and a rooftop walking deck.
The property is zoned T5-M, which supports a mix of retail, restaurant, office, residential-above-retail, and hospitality uses. Zoning and use details should be confirmed with the City of Kissimmee and the CRA.
The property is zoned T5-M, which supports a mix of retail, restaurant, office, residential-above-retail, and hospitality uses. Zoning and use details should be confirmed with the City of Kissimmee and the CRA.
Key Highlights
- Two‑story brick buildings constructed in 1910 and 1920
- 9,966 square feet on a 0.16‑acre parcel
- T5‑M zoning supports retail, restaurant, office, residential‑above‑retail, and hospitality uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$215,714
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,314,280
$4.3M
Cap Rate 7%
$3,081,629
$3.1M
Cap Rate 9%
$2,396,822
$2.4M
Market Conditions
NOI Build-Up for 9,966 SF
Gross rent
$299.0K $30.00/SF
− Vacancy
−$11.4K −$1.14/SF
EGI
$287.6K $28.86/SF
− OpEx
−$71.9K −$7.22/SF
NOI
$215.7K $21.65/SF
Area
Osceola County, FL
Vacancy
3.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,314,280
Cap Rate 7%
$3,081,629
Cap Rate 9%
$2,396,822
Alternative Uses
Best Use
Specialty Retail
$3.08M
$2.70M – $3.60M
NOI $215,714 @ 7.0% cap · market cap 6.16%
Second Best
Retail
$2.80M
$2.45M – $3.26M
NOI $195,701 @ 7.0% cap · market cap 5.59%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,279
Businesses Nearby
Explore this area
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 Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - T5-M zoning supports retail, restaurant, office, residential, and hospitality uses within the same property.
Where is this mixed-use property located?
The property is located at Kissimmee, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Two‑story brick buildings constructed in 1910 and 1920; 9,966 square feet on a 0.16‑acre parcel; T5‑M zoning supports retail, restaurant, office, residential‑above‑retail, and hospitality uses
