2690 E Lake Rd
Kissimmee, FL 34744
Active
List price
$1,938,000
Listing courtesy of REALTY ONE GROUP INSPIRATION, 321-233-2300 (Abdul Shabir)
MLS# O6420498 Status Active
Listing updated July 15, 2026
- Bedrooms
- 6
- Bathrooms
- 5
- Sq ft
- 3,429
- Year built
- 1996
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.
Facts
- Home type
- Duplex
- Year built
- 1996
- Lot
- 6.46 acres
- Garage
- 4 spaces
- Annual taxes
- $8,829
- Construction
- Fixer
- Subdivision
- Acreage & Unrec
- County
- Osceola
Features
- Pool
- Private pool, In Ground
- Waterfront
- Waterfront, Canal Front
Virtual tour
Location
Map: OpenFreeMap, © OpenMapTiles, © OpenStreetMap contributors
Similar listings by price and type
Loading similar listings...
Listings courtesy of Stellar MLS as distributed by MLS Grid.
This website is operated by Tyler Landon, Keller Williams Realty at the Lakes, 321-800-5294.
Based on information submitted to the MLS GRID as of November 10, 2026 at 11:00 AM EST. 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.
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. The data is deemed reliable but is not guaranteed by MLS GRID, and use of the MLS GRID data may be subject to an end user license agreement prescribed by Stellar MLS.
Some IDX listings have been excluded from this website.
Any use or search of the data on this website other than by a consumer looking to purchase real estate is prohibited.