2690 E Lake Road, Kissimmee, FL 34744
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by: abdul shabir
Office: realty one group inspiration
MLS#:O6420498
Source:MFRMLS
Price summary
- Price:$1,938,000
- Price per sq. ft.:$397.05
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....
Contact an agent
Home facts
- Year built:1996
- Subdivision & Development:ACREAGE & UNREC
- Listing ID #:O6420498
- Added:86 day(s) ago
- Updated:September 21, 2026 at 08:18 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Basement Description:Block
- Living area:3,429 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1996
- Building area:3,429 sq. ft.
- Lot area:6.46 Acres
- Lot Features:Corner Lot, Oversized, Private
- Construction Materials:Block, Concrete, Stucco
- Exterior Features:Deck, Garden
- Foundation Description:Block
- Levels:1 Story
Schools
- High school:Tohopekaliga High School
- Middle school:Narcoossee Middle
- Elementary school:East Lake Elem
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,938,000
- Price per sq. ft.:$397.05
- Tax amount:$8,829 (2025)
Features and amenities
- Laundry features:In Common Area
- Amenities:Ceiling Fans(s)
- Pool features:In Ground, Private Pool
Parking
- Parking description:2 Car Carport, Boat, Covered, Oversized, RV Access/Parking
- Garage:Yes
- Garage spaces:4
- Carport spaces:2
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