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For SaleCommercial SaleActive

323 W Cypress Street

Kissimmee, FL 34741

$1,500,000

84 Days On Site

  • 4,551Sq Ft
  • $330Per Sq Ft
  • 0.44Acres
  • 1982Built
Subdivision
Hillcrest
County
Osceola
MLS®
S5155353

Overview

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.

Listing Snapshot

Price
$1,500,000
Days On Site
84 Days
Bedrooms
N/A
Inside Area (SqFt)
4,551 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
0.44 Acres
Year Built
1982
MLS® Number
S5155353
Status
Active
Property Tax
$9,116.39 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

13 items
Acres
0.44
Building Features
Bathrooms, Reception, Waiting Room
Direction Faces
South
Foundation
Slab
Levels
One
Number Of Stories
1
Parking Spaces
19
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
4,620
Utilities
Electricity Available, Phone Available, Underground Utilities
Water Source
Public
Zoning
KRPB

Interior Features

3 items
Cooling
Central Air
Flooring
Carpet, Ceramic Tile
Heating
Central

Exterior Features

5 items
Construction Details
Brick
Frontage
202
Lot Features
Corner Lot
Road Frontage
City Street
Roof
Shingle

Community Features

4 items
MLS Area
34741 - Kissimmee (Downtown East)
Township
25S
Financing Terms Available
Cash
Roads
Paved

Location

323 W Cypress Street, Kissimmee, FL 34741 · 34741 - Kissimmee (Downtown East)

Neighborhood & Commute

ZIP Code 34741

Median household income
$41,880
Income per person
$19,156
Households
22,912
Average household size
2.73
Median age
35.4

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active

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Listing courtesy of EAST PARK REALTY LLC (321) 624-5780

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-10 01:00 PM EST

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