4553 W IRLO BRONSON MEMORIAL HWY Kissimmee, FL 34746
5.22 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved
Listing Status Active
Purchase Type For Sale
Subdivision U S 192 Shopping Center
MLS Listing ID O6356560
HOA Y/N No
Annual Tax Amount $10,784
Lot Size 5.220 Acres
Acres 5.22
Lot Dimensions 725 x 313
Property Sub-Type Unimproved
Source Stellar MLS
Property Description
A rare opportunity to acquire a fully approved, permitted and construction-ready multifamily development site in the heart of Kissimmee's busiest corridor. The ±5.22-acre assemblage of two parcels at 4553 W Irlo Bronson Memorial Hwy is approved for 159 market-rate rental units in a 6-story mid-rise with structured and surface parking and resort-style amenities. Site permits are issued, positioning a buyer for construction commencement within ±60 days of closing.
SKIP THE ENTITLEMENT RISK: The heavy lifting is done. Zoning, site plan approval, civil engineering, environmental and wetland permitting (SFWMD ERP issued with wetland impacts authorized and mitigation credits already purchased and applied) and site permitting are complete. A buyer saves the time, cost and uncertainty of entitlements, approvals, design, environmental review and permitting, typically 18 to 24 months in Central Florida.
FLEXIBLE ZONING: Commercial Tourist (CT) zoning within the West 192 Redevelopment Area. 100% market-rate with no affordable set-aside required, while preserving optionality for affordable or workforce execution (4% LIHTC, Live Local Act) should a buyer prefer that capital stack.
LOCATION: Direct frontage on US-192 with 56,529+ vehicles per day, minutes from Walt Disney World, Celebration, Old Town and the Osceola Parkway, and roughly 19 miles to Orlando International Airport. The front parcel provides the US-192 entry, monument signage, landscape buffer and stormwater, connected to the main development parcel by a recorded access easement. The required eastbound turn lane is designed to FDOT standards and is permitted with construction. No County performance bond is required.
MARKET: More than 190,000 residents within 5 miles, over 55% renter-occupied households, strong tourism and healthcare employment, and limited supply of entitled multifamily land.
Full plan sets, renderings, third-party reports, fee schedules and pro forma are available in the data room upon execution of a confidentiality agreement. Seller is flexible and will consider all reasonable offers and deal structures.
Location
State FL
County Osceola
Community U S 192 Shopping Center
Area 34746 - Kissimmee (West Of Town)
Zoning OCT
Exterior
Utilities Available Cable Available, Electrical Nearby, Electricity Available, Fire Hydrant, Mini Sewer, Natural Gas Available, Other, Public, Sewer Available, Water Available
View Y/N No
Water Access No
Exposure West
Building
Lot Description Buildable, In County, Retention Areas, Suburb, Unincorporated, Wetlands
Lot Size Range 5 to less than 10
Sewer Public Sewer
Water Public
Schools
Elementary Schools Reedy Creek Elem (K 5)
Middle Schools Kissimmee Middle
High Schools Celebration High
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Trade, Lease Option, Owner Financing, Private Financing Available
Membership Fee Required None
Listing Terms Cash, Conventional, Trade, Lease Option, Owner Financing, Private Financing Available
Special Listing Condition None
NEARBY SCHOOLS & PROPERTIES
Jeramiah Bustin
License Partner | Broker Associate | Professional Athlete Advisory | Development Services
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