420 CHERRY STREET
KISSIMMEE, FL 34741
About this home
Under contract-accepting backup offers. Located in the heart of Kissimmee's renowned Medical District in downtown Kissimmee, this exceptional commercial property presents a rare redevelopment opportunity within the third-largest concentration of medical businesses in Central Florida. The existing structure sustained severe fire damage, and the owners are evaluating demolition to provide a cleared site ready for new construction. Situated on two combined parcels totaling approximately 0.86 acres, the property offers ample space for parking and the flexibility to design and construct a facility tailored to your specific needs. Surrounded by established healthcare providers and medical offices, this premier location is ideally suited for a medical practice, professional office, owner-user, or investor seeking to develop in one of the area's most desirable healthcare corridors. With outstanding visibility, convenient access, and a strong network of neighboring medical professionals, this is an exceptional opportunity to create a custom facility in one of Kissimmee's most sought-after commercial locations.
Facts & features
Interior
- Living area
- 1,641 sqft
- Heating
- Central, Other
- Cooling
- Central Air, Other
- Flooring
- Concrete
Exterior & lot
- Lot size
- 37,462 sqft (0.86 ac)
- Roof
- Shingle
- Construction
- Block, Stucco, Frame, Wood Siding
Financial
- Annual tax
- $4,215 (2023)
- Price / sqft
- $426/sqft
Utilities
- Water
- Public
- Utilities
- Public
Property
- Property type
- Single Family
- Year built
- 1955
- Subdivision
- SEQUOIA HOMES
- County
- Osceola
Listing
- Status
- Under Contract
- Days on market
- 898 days
- MLS #
- MFR716037957
- Source
- Stellar MLS
Listed by Teresa Reilly-O'Doherty · KELLER WILLIAMS LEGACY REALTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $3,535/mo
- Property tax
- $351/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 2023 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.
| Date | Event | Price | Change |
|---|---|---|---|
| Feb 29, 2024 | Listed | $699,000 | — |
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.
Location
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