To schedule a showing of 2690 E Lake Road, Kissimmee, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,938,000 | 6 beds | N/A full baths | N/A half baths | 3,429 sqft

$1,938,000 No Recent Price Change
2690 E Lake Road
Kissimmee, FL 34744
  • 6Beds
  • 5.00Total Baths
  • 0 Full, 0 HalfBaths
  • 3,429SqFt
  • 1996Year Built
  • 6.46Acres
  • MLS# O6420498
  • Income
  • Duplex
  • Active

  • Approx Time on Market23 days
  • Area34744 - Kissimmee
  • CountyOsceola
  • Subdivision Acreage & Unrec

Overview

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.



Agriculture / Farm

Association Fees / Info

Pets Allowed:  Yes

Bathroom Info

Total Baths:  5.00

Building Info

Roof:  Other

Building Area Source:  Appraiser

Buyer Compensation

Exterior Features

Pool Features:  InGround

Patio:  Deck

Pool Private:  Yes

Exterior Features:  Garden

Fees / Restrictions

Financial

Expense Tenant:  Electricity

Original Price:  $1,938,000

Garage / Parking

Parking Features:  Boat, Covered, Oversized, RvAccessParking

Garage:  Yes

Carport:  Yes

Car Ports:  2

Green / Env Info

Interior Features

Laundry Features:  CommonArea

Interior Features:  CeilingFans

Lot Info

Direction Remarks:  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

Number of Lots:  2

Lot Size Units:  Acres

Lot Size Acres:  6.46

Lot Sqft:  281,397

Lot Desc:  CornerLot, DeadEnd, OversizedLot, Private

Misc

Other

Other Structures:  BoatHouse, GuestHouse

Special Conditions:  None

Other Rooms Info

Property Info

Section:  10

Class Type:  Duplex

Property Sub Type:  Duplex

Property Condition:  Fixer

Construction Materials:  Block, Concrete, Stucco

Foundation:  Block

Human Modified:  Yes

Sqft Info

Sqft:  3,429

Bulding Area Sqft:  4,881

Living Area Units:  SquareFeet

Living Area Source:  Appraiser

Tax Info

Tax Year:  2,025

Tax Lot:  1

Tax Legal Description:  BEG 2597.65 FT S OF NW COR GOVT LOT 1, S 382.58 FT, NELY 350.49 FT, N 298.39 FT, W 340 FT TO POB.BEG 2129.15 FT S & 340 FT E OF NW COR GOV LOT 1, CONT E 85.01 FT, S 331 FT, SELY 405.68 FT, SWLY TO A PT DUE S OF POB, N TO POB & BEG 50 FT W OF NW COR BLK C NE LAKE EST, W 205 FT, S 331 FT, SELY 405.68 FT, NELY ALONG SHORELINE EAST LAKE TO SW COR BLK C NE LAKE EST, N TO A PT 822 FT S OF NW COR BLK C NE LAKE EST, S 76 DEG W 80 FT, N 21 DEG W 342.23 FT, N 90 FT, E 56 FT, N 50 FT, E 95 FT, N 191 FT TO POB LESS BEG S 109 FT & W 57 FT OF NW COR BLK C NORTHEAST LAKE ESTATES, W 23 FT, S 50 FT, E 23 FT, N 50 FT & LESS BEG S 161 FT & W 122 FT OF SAID NW COR, W 23 FT, S 30 FT, E 23 FT, N 30 FT & LESS BEG S 89 FT, W 105 FT OF SAID NW COR, W 10 FT, S 23 FT, E 10, N 23 FT

Tax Block:  226

Tax Annual Amount:  8828.86

Tax Book Number:  9-49

Unit Info

Total Actual Rent:  2,500

Utilities / Hvac

Heating:  Electric

Water Source:  Well

Sewer:  SepticTank

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityConnected

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  CanalFront, LakePrivileges

View:  Yes

View:  Canal, Garden, Lake, Pool, TreesWoods, Water

Schools

Elem:  East Lake Elem

Middle:  Narcoossee Middle

High:  Tohopekaliga High School

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

This listing courtesy of Realty One Group Inspiration 

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On davidshippey.com since Sat, Jun 27th 2026
No Property History recorded for this listing.

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If you have any questions on 2690 E Lake Road, Kissimmee, Florida, please call David Shippey at 863-521-4517.


MLS# O6420498 located at 2690 E Lake Road, Kissimmee, Florida is brought to you by David Shippey REALTOR®

2690 E Lake Road, Kissimmee, Florida has 6 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 2690 E Lake Road, Kissimmee, Florida is O6420498.
The price for 2690 E Lake Road, Kissimmee, Florida is $1,938,000.
The status of 2690 E Lake Road, Kissimmee, Florida is Active.
The subdivision of 2690 E Lake Road, Kissimmee, Florida is Acreage & Unrec.
The home located at 2690 E Lake Road, Kissimmee, Florida was built in 2026.