


$1,500,000
323 Cypress Street
Kissimmee, FL 34741
Listing updated: August 18, 2026 at 2:38 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
PRIME MEDICAL CORRIDOR LOCATION * Investment opportunity: 4,551 SF medical/professional office building on a corner lot one block off Hwy 192, positioned between two hospitals — Persan Professional Plaza, 323-327 W. Cypress St, Kissimmee, FL 34741. Zoned T4-O. Future Land Use: MU-V (Mixed-Use – Vine Street Overlay). Three addressable units (323, 325, 327 W. Cypress) under one roof, each separately metered for electric and water. The building offers approximately 26 individual rooms configured as exam rooms, private offices, and clinic space, plus 6 restrooms, a dedicated waiting room, and multiple reception/lobby areas — built out for medical use throughout its history. New roof (2026). 19 parking spaces including handicap. Building-mounted signage in place. Flexible leasing: available as a single unit, two combined units, or the entire building. Approximate unit sizes range from ±1,400 – 1,700 SF per individual unit up to the full 4,551 SF for all three combined (unit-by-unit square footage approximate) Unit configuration: 325 and 327 each have separate exterior entrances and share an interior connecting door, allowing them to be leased/operated together (±2,900 – 3,200 SF combined) or independently. 323 is a standalone unit, currently occupied on a month-to-month lease at a rate below current market — upside on renewal or re-lease. 325 and 327 are currently vacant, offering an owner-user opportunity or lease-up potential at market rents. The T4-O zoning conditionally permits office and medical/professional office use, and the MU-V future land use designation supports the property's continued use while offering long-term redevelopment potential under the City's Vine Street corridor revitalization plan (up to 6.0 FAR / 40 du per acre at the project level, subject to City approval). Ideal for medical, dental, or professional office use, an investor seeking value-add through lease-up and rent repositioning, or a healthcare group wanting a multi-suite footprint near two hospitals.
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 history0 days on market
- Status: ActiveAug 18, 2026
- Listed$1,500,000Aug 18, 2026
- Price increased$1,500,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Medical Office
- Status
- Active
- Days on market
- 0
- Subdivision
- Hillcrest
- County
- Osceola
- Year built
- 1982
- Living area
- 4,551 sq ft
- Price/sq ft
- $325
- Building area
- 4,620 sq ft (Public Records)
- Lot size
- 19,036 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12097C0066G)
- Annual taxes
- $9,116 (2025)
- Parcel #
- 15-25-29-1490-0001-0060
- Zoning
- KRPB
- MLS #
- S5155353
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Interior Details
- Flooring
- Carpet, Ceramic Tile
- Stories / Levels
- One
- Direction faces
- South
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Curb Parking
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Commercial Financing
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Brick
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Capable, Electricity Available, Phone Available, Public, Underground Utilities
Listing Details
- Listing date
- 2026-08-18
- On market date
- 2026-08-18
- Original list price
- $1,500,000
- MLS area
- 34741 - Kissimmee (Downtown East)
- Listing AOR
- Osceola
- Status changed
- 2026-08-18
- Tax legal description
- HILLCREST PB 1 PG 294 LOTS 6-9 INC & VAC ALLEY ABUTTING LOTS 6-9
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 192 AND OBT, TRAVEL WEST TO CENTRAL AVENUE, TURN RIGHT ONTO CENTRAL AVENUE, THEN RIGHT ONTO CYPRESS ST. PROPERTY WILL BE ON YOUR LEFT. SIGN ON PROPERTY.
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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 August 18, 2026 at 2:38 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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