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Property Description
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.
Full Property Details
Full Property Details for 323 W Cypress St
General
- Price: $1,500,000
- Taxes: $9,116 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: S5155353
- Updated: 8/18/2026
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: Bathrooms, Reception, Waiting Room
Interior
- Flooring: Carpet, Ceramic Tile
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: Curb Parking
Location
- Area: 34741 - Kissimmee (Downtown East)
- County: Osceola
- Development Name: 34741 - Kissimmee (Downtown East)
- Subdivision: HILLCREST
- Driving 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.
- Direction Faces: South
Community
- Community Name: 34741 - Kissimmee (Downtown East)
- Management Type: Owner Manager
- Mgmt. Company: Owner Manager
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Capable, Electricity Available, Phone Available, Public, Underground Utilities
Structural Information
- # Buildings: 1
- Exterior Const.: Brick
- Roof: Shingle
- Ceiling Height: 8 to 9 Feet
- Windows: Rods
- Stories/Levels: One
- Square Feet: 4,551
- Sq. Ft. Source: Public Records
- Year Built: 1982
Lot Features
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,036
- Lot Size: 19036
- Lot Dimensions: 90 x 210
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $9,116.39
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: HILLCREST PB 1 PG 294 LOTS 6-9 INC & VAC ALLEY ABUTTING LOTS 6-9
- Flood Zone Info: X
- APN: 152529149000010060
- Property ID: 152529149000010060
- Block/Lot/Section: 1
Listed by East Park Realty Llc
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Schools
Schools serving 323 W Cypress St
School District:Osceola County School District
| Name | Grades | Distance |
|---|---|---|
Central Avenue Elementary School 500 West Columbia Avenue, Kissimmee, FL 34741 | PK-5 | 0.1 mi |
Denn John Middle School 2001 Denn John Lane, Kissimmee, FL 34744 | 6-8 | 1.9 mi |
Osceola High School 420 South Thacker Avenue, Kissimmee, FL 34741 | 9-12 | 1.7 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 323 W Cypress St
Date
Details
Price
Change
Source
8/18/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 323 W Cypress St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,116
6%
$504,700
2%
2024
$8,576
4%
$494,000
5%
2023
$8,251
28%
$470,900
31%
2021
$6,439
-8%
$358,900
-13%
2022
$7,027
9%
$413,800
17%
2021
$6,439
4%
$355,100
4%
2018
$6,197
9%
$342,900
14%
2017
$5,671
-12%
$300,300
-15%
2019
$6,467
19%
$352,800
24%
2016
$5,440
-3%
$285,500
-1%
2015
$5,630
-16%
$289,300
-16%
2014
$6,700
-6%
$342,400
-5%
2013
$7,132
—
$361,300
—
Disclaimer: Historical tax 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 323 W Cypress St
323 W Cypress Street, Kissimmee, FL 34741 (MLS# S5155353) is a Commercial property. 323 W Cypress Street is currently listed for $1,500,000 and was received on August 18, 2026. Want to learn more about 323 W Cypress Street? Do you have questions about finding other Commercial real estate for sale in Kissimmee? You can browse all Kissimmee real estate or contact a Coldwell Banker agent to request more information.

