


$4,950,000
4553 Irlo Bronson Memorial HighwayKissimmee, FL 34746
Listing updated: October 20, 2026 at 8:31 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
RARE FULLY APPROVED AND PERMITTED 159-UNIT MULTIFAMILY SITE | ±5.22 ACRES ON US-192 | 100% MARKET-RATE A rare opportunity to acquire a fully approved, permitted and construction-ready multifamily development site in the heart of Kissimmee's busiest corridor. The ±5.22-acre assemblage of two parcels at 4553 W Irlo Bronson Memorial Hwy is approved for 159 market-rate rental units in a 6-story mid-rise with structured and surface parking and resort-style amenities. Site permits are issued, positioning a buyer for construction commencement within ±60 days of closing. SKIP THE ENTITLEMENT RISK: The heavy lifting is done. Zoning, site plan approval, civil engineering, environmental and wetland permitting (SFWMD ERP issued with wetland impacts authorized and mitigation credits already purchased and applied) and site permitting are complete. A buyer saves the time, cost and uncertainty of entitlements, approvals, design, environmental review and permitting, typically 18 to 24 months in Central Florida. FLEXIBLE ZONING: Commercial Tourist (CT) zoning within the West 192 Redevelopment Area. 100% market-rate with no affordable set-aside required, while preserving optionality for affordable or workforce execution (4% LIHTC, Live Local Act) should a buyer prefer that capital stack. LOCATION: Direct frontage on US-192 with 56,529+ vehicles per day, minutes from Walt Disney World, Celebration, Old Town and the Osceola Parkway, and roughly 19 miles to Orlando International Airport. The front parcel provides the US-192 entry, monument signage, landscape buffer and stormwater, connected to the main development parcel by a recorded access easement. The required eastbound turn lane is designed to FDOT standards and is permitted with construction. No County performance bond is required. MARKET: More than 190,000 residents within 5 miles, over 55% renter-occupied households, strong tourism and healthcare employment, and limited supply of entitled multifamily land. Full plan sets, renderings, third-party reports, fee schedules and pro forma are available in the data room upon execution of a confidentiality agreement. Seller is flexible and will consider all reasonable offers and deal structures.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history201 days on market
- Status: ActiveAug 26, 2026
- Listed$5,500,000Oct 30, 2025
- Price reduced$4,950,000
Property Documents
Documents the listing agent has made public for this property. Free to view and download.
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 201
- Subdivision
- U S 192 Shopping Center
- County
- Osceola
- Price/sq ft
- $22
- Lot size
- 227,383 sq ft
- Lot category
- 5 to less than 10
- Flood zone
- X
- Annual taxes
- $10,784 (2025)
- Parcel #
- 13-25-28-5385-0001-0030
- Zoning
- OCT
- MLS #
- O6356560
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Interior Details
- Direction faces
- West
HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- CDD
- No
- Listing terms
- Cash, Conventional, Trade, Lease Option, Owner Financing, Private Financing Available
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electrical Nearby, Electricity Available, Fire Hydrant, Mini Sewer, Natural Gas Available, Other, Public, Sewer Available, Water Available
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-10-30
- On market date
- 2025-10-30
- Original list price
- $5,500,000
- MLS area
- 34746 - Kissimmee (West of Town)
- Listing AOR
- Orlando Regional
- Status changed
- 2026-08-26
- Tax legal description
- U. S. 192 SHOPPING CENTER PB 6 PG 40 LOTS 2 AND 3 (PARCELS 13-25-28-5385-0001-0030 AND 13-25-28-5385-0001-0020)
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-4, take Exit 64 onto US-192 East (W Irlo Bronson Memorial Hwy) toward Kissimmee. Continue east to 4553 W Irlo Bronson Memorial Hwy. Site entry is from US-192 at the front parcel.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of October 20, 2026 at 8:31 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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