323 W Cypress Street, Kissimmee, FL 34741 (MLS # S5155353)

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PRICE $1,500,000 dsIDX morgage calculator
SIZE 4,551 sqft
LOT SIZE 19,167 sqft

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.

DAYS ON MARKET 20 LAST UPDATED 8/18/2026
TRACT HILLCREST YEAR BUILT 1982
COMMUNITY 34741 - Kissimmee (Downtown East) COUNTY Osceola
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA 34741 - Kissimmee (Downtown East)
CONSTRUCTION Brick
HEAT Central
INTERIOR Bathrooms, Reception, Waiting Room
LOT 0.44 acre(s)
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 90x210
SEWER Public Sewer
STORIES 1
SUBDIVISION HILLCREST
TAXES 9116.39
UTILITIES Electricity Available, Phone Available, Underground Utilities
WATER Public
MORTGAGE CALCULATOR
   

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Listing provided by Racquel Schroeder, EAST PARK REALTY LLC, 321-624-5780
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 9/7/26 5:09 AM PDT.

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