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$1,938,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 2690 E Lake Rd
General
- Price: $1,938,000
- Taxes: $8,828 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: O6420498
- Updated: 6/27/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Garden
- Deck/Patio: Deck
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 4
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 6
- Parking Features: Boat, Covered, Oversized, RV Parking
Location
- Area: 34744 - Kissimmee
- County: Osceola
- Development Name: 34744 - Kissimmee
- Subdivision: ACREAGE & UNREC
- Driving 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
School Information
- Elementary School: East Lake Elem
- Middle School: Narcoossee Middle
- High School: Tohopekaliga High School
Community
- Community Name: 34744 - Kissimmee
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 4
- Exterior Const.: Block, Concrete, Stucco
- Roof: Other
- Common Walls: End Unit
- Square Feet: 3,429
- Sq. Ft. Source: Appraiser
- Year Built: 1996
Additional Structures
- Other Structures: Boat House, Guest House
Lot Features
- Property View: Garden, Pool, Trees/Woods, Water
- Lot Size (Acres): 6.46
- Lot Size (Sq. Ft.): 281,397
- Lot Size: 6.46
- Frontage: Street Dead-End
- Street/Road Desc.: Dirt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Freshwater, Lake
- Water Extras: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Tax Amount: $8,828.86
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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,
- Flood Zone Info: AE
- APN: 102530000002260000
- Property ID: 102530000002260000
- Block/Lot/Section: 226
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Schools
Schools serving 2690 E Lake Rd
School District:Osceola County School District
| Name | Grades | Distance |
|---|---|---|
Tohopekaliga High School 3675 Boggy Creek Road, Kissimmee, FL 34744 | 9-12 | 0.6 mi |
East Lake Elementary School, Kissimmee, FL 4001 Boggy Creek Road, Kissimmee, FL 34744 | PK-5 | 1.1 mi |
Narcoossee Middle School 2700 N Narcoossee Rd, St. Cloud, FL 34771 | 6-8 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2690 E Lake Rd
Date
Details
Price
Change
Source
6/27/2026
Listed
$1,938,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2690 E Lake Rd
2690 E Lake Road, Kissimmee, FL 34744 (MLS# O6420498) is a Duplex property with 6 bedrooms and 0 full bathrooms. 2690 E Lake Road is currently listed for $1,938,000 and was received on June 27, 2026. Want to learn more about 2690 E Lake Road? Do you have questions about finding other Duplex real estate for sale in Kissimmee? You can browse all Kissimmee real estate or contact a Coldwell Banker agent to request more information.

