$1,938,000
2690 E Lake Road Kissimmee, FL 34744
For Sale MLS# O6420498
6 beds 5 baths 3,429 sq ft Multi-family
Details for 2690 E Lake Road
MLS# O6420498
Description for 2690 E Lake Road, Kissimmee, FL, 34744
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.
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 6
Bathrooms: 5
Lot Size: 6.46 Acres
Square Feet: 3,429 sq ft
Year Built: 1996
Garage: Yes
Construction: Block,Concrete,Stucco
Construction Display: New Construction
Subdivision: Acreage & Unrec
Foundation: Block
County: Osceola
Construction Status: Fixer
School Information
Elementary: East Lake Elem
Middle: Narcoossee Middle
High: Tohopekaliga High School
Additonal Room Information
Laundry: Common Area
Interior Features
Additional Interior Features: Ceiling Fan(s)
Utilities
Water: Well
Sewer: Septic Tank
Other Utilities: Electricity Connected
Cooling: Ceiling Fan(s), Central Air
Heating: Electric
Exterior / Lot Features
Garage Spaces: 4
Parking Description: RV Access/Parking, Covered, Boat, Oversized
Roof: Other
Pool: In Ground
Lot View: Canal,Garden,Lake,Pool,Trees/Woods,Water
Additional Exterior/Lot Features: Garden, Deck, Corner Lot, Private, Dead End, Oversized Lot
Out Buildings: Boat House, Guest House
Waterfront Details
Boat Facilities: Boat Facilities
Water Front Features: Lake Privileges, Canal Front
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 600
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Units Total: 1
Unit 2 Actual Rent: 900
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Units Total: 1
Unit 3 Actual Rent: 900
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 4 Units Total: 1
Unit 4 Actual Rent: 1600
Unit 4 Baths Total: 2
Unit 4 Beds Total: 3
Driving Directions
Follow FL-417 N to State Hwy 527A/Boggy Creek Rd. Take exit 17B from FL-417 N. Continue on Boggy Creek Rd. Drive to E Lake Rd in Osceola County, Turn right onto State Hwy 527A/Boggy Creek Rd, Turn right onto Nele Rd, Nele Rd turns right and becomes Sharpey Rd, Turn left onto E Lake Rd
Financial Considerations
Terms: Cash,Conventional
Tenant Pays: Electricity
Tax/Property ID: 10-25-30-0000-0226-0000
Tax Amount: 8828.86
Tax Year: 2025
A broker reciprocity listing courtesy: REALTY ONE GROUP INSPIRATION
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2690 E Lake Road
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2690 E Lake Road
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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