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Active · Single Family

323 CYPRESS STREET

KISSIMMEE, FL 34741

Beds
Baths
Area
4,551 sqft
Single FamilyBuilt 198219,036 sqft lotCentralCentral Air$330/sqft2 days on market

About this home

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.

Facts & features

Interior

Living area
4,551 sqft
Heating
Central
Cooling
Central Air
Flooring
Carpet, Ceramic Tile
Stories
1

Exterior & lot

Lot size
19,036 sqft (0.44 ac)
Roof
Shingle
Construction
Brick

Financial

Annual tax
$9,116 (2025)
Price / sqft
$330/sqft

Utilities

Water
Public
Sewer
Public Sewer
Utilities
BB/HS Internet Capable, Electricity Available, Phone Available, Public, Underground Utilities

Property

Property type
Single Family
Year built
1982
Subdivision
HILLCREST
County
Osceola

Listing

Status
Active
Days on market
Today
MLS #
MFR802370150
Source
Stellar MLS

Listed by Racquel Schroeder · EAST PARK REALTY LLC

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$8,545/mo
Principal & interest
$7,585/mo
Property tax
$760/mo
Home insurance
$200/mo

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2025 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
Aug 18, 2026Listed$1,500,000

Neighbourhood

The schools below come from the MLS record for this home. Walking, transit and cycling figures for KISSIMMEE, FL are not connected yet, so this page does not show them.

Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home

Location

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