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$1,938,000

2690 Lake Road

Kissimmee, FL 34744

Listing updated: June 27, 2026 at 7:07 PM ET

Active

Listing courtesy of Realty One Group Inspiration · Abdul Shabir · MLS #O6420498 · Active · 321-233-2300

Beds

Baths

3,429

Sq Ft

6.46

Acres

1996

Built

◆Waterfront◆Water access◆Private pool◆4-car garage◆6.46 acres◆$565/sqft◆360° tour

Duplex

Property type

1996

Year built

281,397 sqft

Lot size

$565

Price / sq ft

No HOA

HOA dues

Days on market

Garage spaces

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$9,800

Property taxes$736

Home insurance (est.)$888

Down payment

20%

$387,600 downRate

6.5%

Term

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 history0 days on market

Status: Active
Jun 27, 2026
Listed$1,938,000
Jun 27, 2026
Price increased$1,938,000

Facts & features

Property type: Residential Income
Sub type: Duplex
Status: Active
Days on market: 0
Subdivision: Acreage & Unrec
County: Osceola
Year built: 1996
Living area: 3,429 sq ft
Price/sq ft: $565
Building area: 4,881 sq ft (Appraiser)
Lot size: 281,397 sq ft
Lot category: 5 to less than 10
Flood zone: AE
Garage: 4 spaces
Pool: Private pool
Annual taxes: $8,829 (2025)
Parcel #: 10-25-30-0000-0226-0000
Zoning: R-1M
MLS #: O6420498

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Interior Details

Bedrooms: 6
Interior features: Ceiling Fans(s)
Laundry: Common Area

Heating & Cooling

Heating: Electric
Cooling: Central Air

Parking

Garage spaces: 4
Attached garage: No
Parking features: Boat, Covered, Oversized, RV Access/Parking
Carport: Yes

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
CDD: No
Listing terms: Cash, Conventional
Ownership: Fee Simple

Exterior & Construction

Exterior features: Garden
Construction materials: Block, Concrete, Stucco
Roof: Other
Foundation: Block
Pool: Private pool
Waterfront: Yes
Water access: Yes
Water view: Yes
Road surface: Dirt

Utilities

Sewer: Septic Tank
Water source: Well
Utilities: Electricity Connected

Community

Pets allowed: Yes

Schools

ElementaryBEast Lake ElemGreatSchools ↗

MiddleNarcoossee MiddleGreatSchools ↗

High SchoolATohopekaliga High SchoolGreatSchools ↗

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: 2026-06-26
On market date: 2026-06-27
Original list price: $1,938,000
MLS area: 34744 - Kissimmee
Listing AOR: Osceola
Status changed: 2026-06-27
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

Flood risk

High riskFEMA Zone AE

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

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

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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 27, 2026 at 7:07 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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