2690 E LAKE ROAD, KISSIMMEE, FL 34744 | MLS #MFRO6420498 | Berkshire Hathaway HomeServices Florida Network Realty
 
Listing provided courtesy of REALTY ONE GROUP INSPIRATIONas Distributed by MLSGrid- MLS# MFRO6420498MLS Provider

2690 E LAKE ROADKISSIMMEE, FL 34744

Multi-Family · 6 Beds · 3,429 Sq. ft. | 6.46 Acres
$1,938,000 Active

2690 E LAKE ROAD Overview

Time on Site:
3 days
Visits:
0

Rare 6.46-Acre Waterfront Development Opportunity on East Lake Tohopekaliga An exceptional opportunity to acquire 6.46± acres of waterfront property in one of Central Florida's fastest-growing areas. This offering includes two parcels totaling approximately 6.46 acres, consisting of a 2.66-acre improved parcel and an adjacent 3.80-acre vacant parcel, providing incredible flexibility for investors, developers, builders, or those seeking a private waterfront estate. The improved parcel currently features multiple residential units that generate approximately $30,000 in annual rental income, with the opportunity to increase income by approximately $18,000 annually through leasing the remaining units. Generate cash flow while planning your future vision. The true value of this property lies in its land, location, and development potential. With expansive frontage, mature oak trees, and direct access to beautiful East Lake Tohopekaliga, this is a rare opportunity to create a luxury waterfront enclave or private family compound. Preliminary concepts may allow for multiple estate-sized homes with guest houses, subject to county approvals and buyer due diligence. Located just minutes from Lake Nona, Medical City, Orlando International Airport, major highways, shopping, and dining, properties of this size with waterfront acreage are becoming increasingly difficult to find. Property Highlights • 6.46± acres across two parcels • 2.66-acre improved parcel • 3.80-acre adjacent vacant parcel • Direct waterfront location on East Lake Tohopekaliga • Existing income-producing improvements • Approximately $30,000 annual rental income with additional upside • Excellent investment, redevelopment, or estate opportunity • Potential for future subdivision or luxury estate development (subject to county approval) • Minutes from Lake Nona, Medical City, Orlando International Airport, and major roadways Opportunities of this scale, location, and potential are exceptionally rare in Central Florida.

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2690 E LAKE ROAD Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,429
  • Price/Sq.ft. $565
  • Lot 6.46 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: East Lake Elem
  • Middle Or Junior School: Narcoossee Middle
  • High School: Tohopekaliga High School

Building Information

  • New Construction: No
  • Year Built: 1996

Location/Region

  • Country: US
  • County Or Parish: Osceola
  • MLS Area Major: 34744 - Kissimmee
  • Subdivision Name: ACREAGE & UNREC
  • Township: 25S

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: 8828.86
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 10-25-30-0000-0226-0000
  • Pets Allowed: Yes
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: R-1M

Interior

Parking Information

  • Garage Spaces: 4
  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 5
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Appraiser
  • Building Area Total: 4881
  • Building Area Units: Square Feet

General Information

  • Cooling: Central Air
  • Fireplace: No
  • Foundation Details: Block
  • Heating: Electric
  • Interior Features: Ceiling Fans(s)
  • Laundry Features: Common Area
  • Living Area: 3429
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Spa: No

Exterior

Parking Information

  • Parking Features: Boat,Covered,Oversized,RV Access/Parking

Lot Information

  • Additional Parcels Description: 10-25-30-0000-0221-0000
  • Additional Parcels: Yes
  • Lot Features: Corner Lot,Oversized Lot,Private,Street Dead-End
  • Lot Size Acres: 6.46
  • Lot Size Square Feet: 281397
  • Number Of Lots: 2
  • Road Surface Type: Dirt
  • Water Source: Well

Waterfront/View

  • View: Garden,Pool,Trees/Woods,Water
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Block,Concrete,Stucco
  • Patio And Porch Features: Deck
  • Roof: Other

General Information

  • Carport Spaces: 2
  • Carport: Yes
  • Exterior Features: Garden
  • Other Structures: Boat House,Guest House
  • Pool Features: In Ground
  • Pool Private: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected

2690 E LAKE ROAD Neighborhood

Community

34744 (KISSIMMEE) Demographics

37
Median Age
1,612
Population Density (per sq. mile)
36%
College Educated
$53,598
Estimated Median Income
12,019
Estimated Total Home Owners
5,956
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2690 E LAKE ROAD Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2690 E LAKE ROAD Market Data

Based on the last 30 days in this zip code

$455,264
Average List Price
$220
Average Price per Square Foot
62
Properties Sold
112
Average Days on Market
402
Properties for Sale
Calculations provided by Reliance Network

2690 E LAKE ROAD History

Date Event Value Agent
6/27/2026Source: My Florida Regional MLS Added to Database
June 27, 2026