$685,000
1526 Tangelo Circle
Kissimmee, FL 34746
Listing updated: June 4, 2026 at 2:30 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Under contract-accepting backup offers. ***2023 roof, high growth area, great for investors, location, location & location*** Prime Income-Producing Triplex in the Heart of Kissimmee! This well-maintained multifamily property offers a versatile unit mix totaling over 3,700 square feet of living space, making it an excellent opportunity for both investors and owner-occupants. Built in 1985 and situated on a generous oversized lot, the property features solid construction, ample parking, and a functional layout ideal for long-term or short-term rental potential. The property includes one 2-bedroom, 2-bath unit; one two-story unit featuring 2 bedrooms, 1 full bath, and an additional half bath; and one spacious 3-bedroom, 2-bath unit that also includes a separate studio with its own 1-bedroom, 1-bath layout, complete with kitchen and living area—perfect for additional rental income or guest accommodations. All units are currently occupied, generating approximately $5,900 in monthly rental income, with potential for future increases. Each unit provides comfortable living areas with strong rental appeal in a high-demand location just minutes from major roadways, shopping, dining, and world-renowned attractions. With no HOA restrictions, owners enjoy flexibility in management and use. Public water and sewer connections ensure convenience and reliability. Whether you’re looking to expand your portfolio or secure a steady cash-flowing asset in a growing market, this property delivers on location, size, and income potential. Don’t miss this rare opportunity in one of Central Florida’s most active rental corridors.
Local Insight
At $183/sqft for a 7-bed, 7-bath quadruplex with no HOA, you're looking at solid rental or owner-occupant value in a market where theme park workers and vacation rental investors are constant demand drivers—but the 1985 build means you'll want a thorough inspection on the roof, HVAC systems, and plumbing before committing. The Citrus Estates location puts you near US-192 corridor pricing but far enough from the heaviest tourist traffic to appeal to long-term residents, though you're trading walkability and newer infrastructure for that affordability advantage. With four separate units on 0.56 acres and no flood zone designation, the practical appeal is clear for investors, but verify the current tenant situation and lease terms carefully—occupancy rates will make or break your return.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history12 days on market
- Status: PendingMay 5, 2026
- Listed$685,000Apr 20, 2026
- Price increased$685,000
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Pending
- Days on market
- 12
- Subdivision
- Citrus Estates
- County
- Osceola
- Year built
- 1985
- Living area
- 3,748 sq ft
- Price/sq ft
- $183
- Building area
- 4,092 sq ft (Public Records)
- Lot size
- 24,618 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X (12097C0065G)
- Annual taxes
- $4,976 (2025)
- Parcel #
- 13-25-28-1205-0001-0140
- Zoning
- KRB1
- MLS #
- O6400454
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Interior Details
- Bedrooms
- 7
- Interior features
- Other
- Laundry
- Other
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional, FHA, Other, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Block, Concrete, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
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
- 2026-04-15
- On market date
- 2026-04-20
- Original list price
- $685,000
- Occupant type
- Tenant
- MLS area
- 34746 - Kissimmee (West of Town)
- Listing AOR
- Orlando Regional
- Status changed
- 2026-05-05
- Tax legal description
- CITRUS ESTATES PB 4 PG 68 LOT 14
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 Downtown/Central Orlando: Head South on I-4 W. Take Exit 72 to merge onto FL-528 E toward Airport/Cocoa. Take Exit 4 for US-441/US-17/US-92 toward Kissimmee. Merge onto S Orange Blossom Trail (US-441 S/US-17 S/US-92 W) and follow south. Turn right (west) onto W Donegan Ave. Turn left onto Tangelo Cir.
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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 June 4, 2026 at 2:30 PM 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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