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$1,500,000

323 W Cypress Street Kissimmee, FL 34741 Commercial - Medical Active

  • 323 W Cypress Street, Kissimmee, FL 34741 Main Photo

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Description

PRIME MEDICAL CORRIDOR LOCATION * Investment opportunity: 4,551 SF medical/professional office building on a corner lot one block off Hwy 192, positioned between two hospitals - Persan Professional Plaza, 323-327 W. Cypress St, Kissimmee, FL 34741. Zoned T4-O. Future Land Use: MU-V (Mixed-Use - Vine Street Overlay).Three addressable units (323, 325, 327 W. Cypress) under one roof, each separately metered for electric and water. The building offers approximately 26 individual rooms configured as exam rooms, private offices, and clinic space, plus 6 restrooms, a dedicated waiting room, and multiple reception/lobby areas - built out for medical use throughout its history. New roof (2026). 19 parking spaces including handicap. Building-mounted signage in place.Flexible leasing: available as a single unit, two combined units, or the entire building. Approximate unit sizes range from +1,400 - 1,700 SF per individual unit up to the full 4,551 SF for all three combined (unit-by-unit square footage approximate)Unit configuration: 325 and 327 each have separate exterior entrances and share an interior connecting door, allowing them to be leased/operated together (+2,900 - 3,200 SF combined) or independently. 323 is a standalone unit, currently occupied on a month-to-month lease at a rate below current market - upside on renewal or re-lease. 325 and 327 are currently vacant, offering an owner-user opportunity or lease-up potential at market rents.The T4-O zoning conditionally permits office and medical/professional office use, and the MU-V future land use designation supports the property's continued use while offering long-term redevelopment potential under the City's Vine Street corridor revitalization plan (up to 6.0 FAR / 40 du per acre at the project level, subject to City approval).Ideal for medical, dental, or professional office use, an investor seeking value-add through lease-up and rent repositioning, or a healthcare group wanting a multi-suite footprint near two hospitals.

Property Highlights

Property Type: Commercial - Medical
Cooling: Central Air
Heating: Central
Lot Size: 0.44 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $9,116
Year Built: 1982

General Information

County: Osceola
Subdivision: HILLCREST
Listed By:
Racquel Schroeder EAST PARK REALTY LLC 321-624-5780

Property Features

Building: Bathrooms, Reception, Waiting Room
Directions: FROM 192 AND OBT, TRAVEL WEST TO CENTRAL AVENUE, TURN RIGHT ONTO CENTRAL AVENUE, THEN RIGHT ONTO CYPRESS ST. PROPERTY WILL BE ON YOUR LEFT. SIGN ON PROPERTY.
Exterior: Brick
Flood Zone Code: X
Flooring: Carpet, Ceramic Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot: Central Business District, Corner Lot, City Limits, Sidewalk
Lot Dimensions: 0.44
Number of Offices: 21
Number of Restrooms: 6
Ownership: Fee Simple
Parking: Curb Parking
Parking Notes: Curb Parking
Property Attached Y/N: No
Property Sub-Type: Medical Office
Road Frontage: 295
Sale Includes: Building(s) and Land
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Units: 3
Utilities: BB/HS Internet Capable, Electricity Available, Phone Available, Public, Underground Utilities
Vegetation: Oak Trees
Water: Public
Water Access Y/N: No
Windows: Rods
Zoning: KRPB
$1,500,000
New to the Market Active
SQUARE FEET4,620 MLS#S5155353
STATUSActive PROPERTY TYPECommercial - Medical SUBDIVISIONHILLCREST

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323 W Cypress Street, Kissimmee, FL 34741.

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