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Under Contract · Single Family

420 CHERRY STREET

KISSIMMEE, FL 34741

Beds
Baths
Area
1,641 sqft
Single FamilyBuilt 195537,462 sqft lotCentral, OtherCentral Air, Other$426/sqft902 days on market

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
Estimated monthly payment$4,086/mo
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.

DateEventPriceChange
Feb 29, 2024Listed$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.

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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