Residential Land for Sale in Kissimmee, Florida
Sharpey Rd, Kissimmee, FL 34744
Rare 6.46-Acre Waterfront Land & Development Opportunity
An exceptional opportunity to acquire 6.46± acres of prime waterfront property on East Lake Tohopekaliga, offered with the 3.80-acre vacant parcel as the primary property and an adjoining 2.66-acre improved parcel included in the sale. This unique offering presents a rare chance to secure one of the largest privately owned waterfront land assemblages in the area.
The 3.80-acre vacant parcel provides a blank canvas for your vision, whether you're planning a luxury waterfront estate, private family compound, or exploring future development opportunities. The adjoining 2.66-acre parcel features multiple existing residential units currently generating approximately $30,000 in annual rental income, with additional income potential of approximately $18,000 annually by leasing the remaining units. Generate immediate cash flow while pursuing your long-term plans.
The true value lies in the property's expansive acreage, waterfront setting, and future potential. Preliminary concepts indicate the combined property may allow for multiple estate-sized homesites, each with room for a guest house, subject to buyer verification, county approvals, and all applicable development requirements.
Conveniently located just minutes from Lake Nona, Medical City, Orlando International Airport, SR 417, Florida's Turnpike, shopping, dining, and world-famous attractions, this is a rare opportunity to own a premier waterfront land holding in one of Central Florida's fastest-growing markets.
Property Highlights
- 6.46± acres total across two parcels
- 3.80-acre vacant waterfront parcel
- Additional 2.66-acre income-producing parcel included
- Direct frontage on East Lake Tohopekaliga
- Approximately $30,000 annual rental income with additional upside
- Exceptional investment, estate, or redevelopment opportunity
- Potential for future subdivision or luxury estate homes (subject to county approvals)
- Minutes from Lake Nona, Medical City, Orlando International Airport, SR 417, and Florida's Turnpike
Waterfront land opportunities of this size, location, and potential are exceptionally rare. Bring your vision and explore the possibilities of this unique property.
Location
- Street address
- Sharpey Rd
- County
- Osceola County
- Zip code
- 34744
- Elevation
- 57 feet
Directions
Follow FL-417 N to State Hwy 527A/Boggy Creek Rd. Take exit 17B from FL-417 N, Turn right onto State Hwy 527A/Boggy Creek Rd, Turn right onto E Lake Rd, Turn left onto Maitland Rd, Turn right onto Nele Rd, Nele Rd turns right and becomes Sharpey Rd, Turn left onto E Lake Rd
Property details
- Acreage
- 6.46 acres
- Zoning
- R-1M
- MLS #
- MFRMLS O6420551
- Posted
Property taxes
- 2025
- $970
Parcels
- 10-25-30-0000-0221-0000
Legal description
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 BL K 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 , N 50 FT & LESS BEG S 161 FT & W 122 FT OF SAID NW COR, W 23 FT, S 30 FT, E 23 FT, N 30 FT & LESS BEG S 89 FT, W 105 FT OF SAID NW COR, W 10 FT, S 23 FT, E 10, N 23 FT.
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
Resources
Details and features
Listing
- Type
- Land
- Franchise
- Realty ONE Group
Lot
- Waterfront
- Canal Front, Lake Front, Waterfront
Exterior
- Features
- Corner Lot
Nearby schools
| Name | Type |
|---|---|
| East Lake Elem | Elementary |
| Narcoossee Middle | Middle |
| Tohopekaliga High School | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 27, 2026 | New listing | $1,938,000 | — | MFRMLS |