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50 Lakeview Drive

Kissimmee, FL 34741
  • $1,500,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: O6017163
$1,500,000
  • 0
    BEDS
  • 1.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:

Description

1.66 ACRE PROPERTY FOR SALE. Perfect Site for redevelopment due to new growth in the lakeshore area of downtown Kissimmee. This property has a future land use plan designation of Mixed-Use Downtown and is within the Citys Community Redevelopment Area (CRA). The property is located in the southeastern area of downtown Kissimmee. The site is just across the street from Lake Toho and is bordered by mostly City of Kissimmee owned properties along the lakeshore. Surrounding uses include a City owned parking lot for the Big Toho Marina, Lakefront Park, and facilities for City administration. The immediate neighborhood is a few blocks from the central business district and is southeast of the SunRail commuter train station serving downtown Kissimmee. The immediate areas to the north and west are established single family residential neighborhoods mixed with some professional office uses. Development in the area is stable and growing with a long-term trend toward redevelopment and renovation of some properties in the area, particularly some of the oldest homes and commercial buildings in the region. The immediate area is also part of the Citys Redevelopment Area (CRA) which targets and encourages new and updated uses compatible with downtown Kissimmee development patterns. A major new project is under development to the east of the subject where Mosaic Development is redeveloping an 11-acre site owned by the City of Kissimmee. The project is adjoining the Citys Lakefront Park, which recently underwent a $34M upgrade that also included streetscape and utility enhancements. The site is two blocks from a multimodal transit station that offers SunRail and Amtrak commuter and passenger rail service and serves as a regional hub for bus service. The project includes 300 apartment units and 10,000 SF of commercial space. The new City owned parking garage will help support the uses within the park area. No better time to invest in this vibrant high interest neighborhood.

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-05-20T23:42:46.16.
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50 Lakeview Drive Kissimmee, FL 34741

  • Price: $1,500,000
  • Status: Active
  • On Site: 39 Days
  • MLS #: O6017163
0
Beds
0
Baths
0
½ Baths
1.66
Acres
Neighborhood:
Johnson Lillie Resub
County:
Osceola
Area:
Kissimmee (Downtown East)
Elementary School:
Central Avenue Elem
Middle School:
Denn John Middle
High School:
Osceola High School
Property Description
1.66 ACRE PROPERTY FOR SALE. Perfect Site for redevelopment due to new growth in the lakeshore area of downtown Kissimmee. This property has a future land use plan designation of Mixed-Use Downtown and is within the Citys Community Redevelopment Area (CRA). The property is located in the southeastern area of downtown Kissimmee. The site is just across the street from Lake Toho and is bordered by mostly City of Kissimmee owned properties along the lakeshore. Surrounding uses include a City owned parking lot for the Big Toho Marina, Lakefront Park, and facilities for City administration. The immediate neighborhood is a few blocks from the central business district and is southeast of the SunRail commuter train station serving downtown Kissimmee. The immediate areas to the north and west are established single family residential neighborhoods mixed with some professional office uses. Development in the area is stable and growing with a long-term trend toward redevelopment and renovation of some properties in the area, particularly some of the oldest homes and commercial buildings in the region. The immediate area is also part of the Citys Redevelopment Area (CRA) which targets and encourages new and updated uses compatible with downtown Kissimmee development patterns. A major new project is under development to the east of the subject where Mosaic Development is redeveloping an 11-acre site owned by the City of Kissimmee. The project is adjoining the Citys Lakefront Park, which recently underwent a $34M upgrade that also included streetscape and utility enhancements. The site is two blocks from a multimodal transit station that offers SunRail and Amtrak commuter and passenger rail service and serves as a regional hub for bus service. The project includes 300 apartment units and 10,000 SF of commercial space. The new City owned parking garage will help support the uses within the park area. No better time to invest in this vibrant high interest neighborhood.
Exterior Features

Covered Spaces 0 Front Footage 305 Lot Features City LotNear Public TransitOversized LotRailroadStreet Lights Lot Size Dimensions 305X302x313x471 Open Parking YN No Road Frontage Type City Street Road Surface Type Paved Water Access Yn No Water Body Name Lake Toho Water Extras Yn No Water View Lake - Chain Of Lakes Water View Yn Yes Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling YN No Heating YN Yes Sewer Septic Tank Water Source Public

Property Features

Current Use Mixed Use Flood Zone Code X For Lease Yn No Ownership Fee Simple Realtor Info As-IsSign Special Listing Conditions None Tax Annual Amount 2750.93 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity AvailablePhone AvailablePublicSewer ConnectedWater Connected Zoning Kra2


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Alpha R.E. Of Central Fl Llc.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-05-20T23:42:46.16.
 
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