Price Reduced Listing4553 W Irlo Bronson Memorial Hwy,KISSIMMEE, FL 34746
KISSIMMEE, FL 34746
Description
RARE FULLY APPROVED AND PERMITTED 159-UNIT MULTIFAMILY SITE | ±5.22 ACRES ON US-192 | 100% MARKET-RATE A rare opportunity to acquire a fully approved, permitted and construction-ready multifamily development site in the heart of Kissimmee's busiest corridor. The ±5.22-acre assemblage of two parcels at 4553 W Irlo Bronson Memorial Hwy is approved for 159 market-rate rental units in a 6-story mid-rise with structured and surface parking and resort-style amenities. Site permits are issued, positioning a buyer for construction commencement within ±60 days of closing. SKIP THE ENTITLEMENT RISK: The heavy lifting is done. Zoning, site plan approval, civil engineering, environmental and wetland permitting (SFWMD ERP issued with wetland impacts authorized and mitigation credits already purchased and applied) and site permitting are complete. A buyer saves the time, cost and uncertainty of entitlements, approvals, design, environmental review and permitting, typically 18 to 24 months in Central Florida. FLEXIBLE ZONING: Commercial Tourist (CT) zoning within the West 192 Redevelopment Area. 100% market-rate with no affordable set-aside required, while preserving optionality for affordable or workforce execution (4% LIHTC, Live Local Act) should a buyer prefer that capital stack. LOCATION: Direct frontage on US-192 with 56,529+ vehicles per day, minutes from Walt Disney World, Celebration, Old Town and the Osceola Parkway, and roughly 19 miles to Orlando International Airport. The front parcel provides the US-192 entry, monument signage, landscape buffer and stormwater, connected to the main development parcel by a recorded access easement. The required eastbound turn lane is designed to FDOT standards and is permitted with construction. No County performance bond is required. MARKET: More than 190,000 residents within 5 miles, over 55% renter-occupied households, strong tourism and healthcare employment, and limited supply of entitled multifamily land. Full plan sets, renderings, third-party reports, fee schedules and pro forma are available in the data room upon execution of a confidentiality agreement. Seller is flexible and will consider all reasonable offers and deal structures.
Details
| MLS # | O6356560 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Days On Site | 359 |
| Listing Provided By | COMPASS FLORIDA LLC | Brad Kuskin |
Features
| Zoning | OCT |
|---|---|
| Acreage | 5.22 |
Taxes
| Property | 10784 |
|---|
Area Information
| State | FL |
|---|---|
| County | Osceola |
| City | KISSIMMEE |
| Zip Code | 34746 |
| Area | 34746 Kissimmee (West of Town) |
| Community Name | U S 192 SHOPPING CENTER |
| School District | Celebration High |
| Elementary School | Reedy Creek Elem (K 5) |
| High School | Celebration High |
| Listing VS Median (in U S 192 SHOPPING CENTER) | |
Price: $4,950,000 low | high Med: $0 On site: 359 low | high Med: | |
Market Activity 34746
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Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 24, 2026 at 11:22:58 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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Learn More About This Property
| State | FL |
|---|---|
| County | Osceola |
| City | KISSIMMEE |
| Zip Code | 34746 |
| Area | 34746 Kissimmee (West of Town) |
| Community Name | U S 192 SHOPPING CENTER |
| School District | Celebration High |
| Elementary School | Reedy Creek Elem (K 5) |
| High School | Celebration High |
| Listing VS Median (in U S 192 SHOPPING CENTER) | |
Price: $4,950,000 low | high Med: $0 On site: 359 low | high Med: | |