$5,500,000

About this home

Fully Permitted 159-Unit Development Site | High-Growth Corridor | CT Zoning Shovel-ready multifamily development site totaling ±5.22 acres across two parcels in Kissimmee’s booming W. Irlo Bronson (US-192) corridor. Approved for 159 market-rate rental units with no affordable housing requirements, the project is fully permitted and ready for pre-construction meeting with Osceola County. Delivered with all civil and site plans in place. Vertical architectural and MEP drawings to be completed by the developer during site work phase. Located just 8 miles from Walt Disney World and 19 miles from Orlando International Airport, the site offers high visibility with 56,529+ vehicles per day and direct frontage along US-192. The parcels are connected by a recorded easement, with the smaller front parcel designed for dry retention, monument signage, enhanced landscaping, and a planned Lynx bus stop to maximize exposure. Zoned Commercial Tourist (CT), allowing flexible development paths including multifamily, hospitality, senior living, or alternative housing types. Positioned within the West 192 CRA, which imposes enhanced design standards and long-term value controls. Site planning approvals navigated successfully with mitigation credits already paid and no off-site roadway improvements required. The property lies within a 5-mile radius of 190,000+ residents, a population that is growing at unprecedented rates. Over 55% of households are renter-occupied, with a limited supply of entitled land, strong absorption, and market rents supporting premium new construction. Residential development benefits from major economic contributors, strong local schools, and accessible site utilities. A rare opportunity to develop immediately in one of Central Florida’s fastest-growing rental corridors.

Property details

MLS #

MFRO6356560

Property type

Land

Subdivision

U S 192 SHOPPING CENTER

Status

Active

Days on market

146

On market date

October 30, 2025

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

5.22 acres

Nearby schools

Within 10 miles · public school directory data (NCES)