Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1996
Sq.Footage
3,429
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.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Block, Concrete, Stucco
-
Other Exterior Features
Garden
-
Parking
Boat, Covered, Oversized, RV Access/Parking
-
Patio and Porch Features
Deck
-
Pool
Yes
-
Pool Features
In Ground, Private
-
Waterfront YN
YES
-
View
Canal, Lake, Water, Garden, Pool, Trees/Woods
Area & Lot
-
Lot Features
Corner Lot, Private, Waterfront
-
Lot Size(acres)
6.46
-
Lot Size(square feet)
281397.0
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$1,938,000
-
Tax Amount
$8,828.86
-
Sq. Footage
3, 429
-
Price/SqFt
$565
HOA
-
Association
No
School District
-
Elementary School
East Lake Elem
-
Middle School
Narcoossee Middle
-
High School
Tohopekaliga High School
Property Features
-
New Construction
NO
-
Foundation Details
Block
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
1
-
Water Source
Private, Well
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Location
County
Osceola
Elementary School
East Lake Elem
Middle School
Narcoossee Middle
High School
Tohopekaliga High School
Listing Courtesy of Abdul Shabir , REALTY ONE GROUP INSPIRATION
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