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$1,938,000

0 Beds 0 Baths 0 SQFT 6.46 Acres
Type: Land

0 SHARPEY ROAD
KISSIMMEE, FL 34744

MLS#: O6420551
Kathy Engler
Kathy Engler
The Real Estate Advantage
Associate Broker
Phone: 507.220.8227
Office: 952.226.7700
Presented by: REALTY ONE GROUP INSPIRATION with 321-233-2300. - 321-233-2300

Property Description

 

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.


 

Interior Features

Bathrooms

Total Baths0

General

Additional Parcels Description10-25-30-0000-0226-0000
Additional Parcels Y/NYes
Building Area Units0 sqft
CityKISSIMMEE
CountyOsceola
Current UseResidential
DirectionsFollow 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
DockY/NNo
Elementary SchoolEast Lake Elem
Flood Zone CodeAE
High SchoolTohopekaliga High School
Legal DescriptionBEG 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
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet281,397 sqft
Lot Size UnitsAcres
MLS Area34744 - Kissimmee
Middle/Junior High SchoolNarcoossee Middle
OwnershipFee Simple
Property TypeLand
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameACREAGE & UNREC
Tax Annual Amount$970
Tax Lot1
Tax Year2025
UtilitiesElectricity Available, Sewer Connected, Water Connected
ViewTrees/Woods, Water
Virtual TourClick here
Water Access TypeCanal - Freshwater, Lake
Water Access Y/NYes
Water ViewCanal, Lake
Water View Y/NYes
Waterfront FeaturesCanal Front, Lake Front
ZoningR-1M

Exterior

Frontage Length0 sqft
Lot Dimensions243 x 200
Lot FeaturesCorner Lot, Oversized Lot, Private, Wooded
Lot Size Acres6.46
Lot Size Area6 sqft
Number of Lots2
Road Surface TypeDirt
VegetationOak Trees, Wooded
Water SourceWell
Waterfront Y/NYes

Additional Details

Price History

  

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$1,938,000

0 Beds 0 Baths 0 SQFT 6.46 Acres
Type: Land

0 SHARPEY ROAD
KISSIMMEE, FL 34744

MLS#: O6420551
Kathy Engler
Kathy Engler
The Real Estate Advantage
Associate Broker
Phone: 507.220.8227
Office: 952.226.7700