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Investment Highlights

  • T40 zoning compatible with residential, mixed-use, and commercial concepts; up to 20 units per acre allowed.
  • Located two blocks from the Osceola County Courthouse and one block from Lakefront Park and Big Toho Marina.
  • Ideal for boutique multifamily or specialty use, leveraging proximity to government and waterfront attractions.
  • Frontage on W Clay Street and S Vernon Avenue with excellent visibility in a pedestrian-friendly downtown setting.
  • Within Kissimmee’s active redevelopment corridor, a destination for hospitality, dining, and residential growth.

Executive Summary

An exceptional opportunity to acquire developable land in the heart of Downtown Kissimmee’s rapidly growing redevelopment zone. Perfect for multifamily, mixed-use, or commercial redevelopment, this site offers incredible flexibility in a high-demand urban environment.
Combined, the parcels provide 215 feet of frontage along S Vernon Avenue and W Clay Street. Zoned T40, the property supports vertical development up to three stories and allows up to 20 dwelling units per acre, making it ideal for apartments, condominiums, or a live-work concept. Its prime location, just steps away from the Osceola County Courthouse, vibrant retail corridors, and the scenic Kissimmee Lakefront Park and Marina, guarantees visibility and accessibility.
The area is undergoing significant revitalization, supported by public and private investment in infrastructure and lifestyle amenities. Nearby restaurants, offices, parks, and waterfront recreation attract steady activity, ensuring long-term appreciation for a thoughtfully designed project.
Parcels may be purchased together for a larger development footprint or individually for smaller-scale ventures.

Property Facts

Price $479,900
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
Total Lot Size 0.82 AC
Zoning T40 - Residential 14-15 units capable.

1 Lot Available

Lot 1

Price $479,900
Price Per AC $585,243.90
Lot Size 0.82 AC

Description

Approximately .82 acres in Downtown Kissimmee. Ideal location for development. Located two blocks to the Osceola County Courthouse, and just one block to the Kissimmee Lakefront Park, Big Toho Marina, and fishing. Under the T40 zoning classification, this zone allows increased density and urban building design, complementing ongoing revitalization efforts in the city center. [redfin.com]

Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 28-25-29-1681-0001-0010
  • 28-25-29-1681-0001-0020
Land Assessment
$80,000
Improvements Assessment
$0
Total Assessment
$80,000
  • Listing ID: 29726283

  • Date on Market: 10/6/2023

  • Last Updated:

  • Address: W Clay St & S Vernon Ave, Kissimmee, FL 34741

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