505 E LAKE STREET, KISSIMMEE, FL, 34744
Active1 days on marketListed Aug 16, 2026MLS #O6434034
About this home
505 E LAKE STREET
PRIME COMMERCIAL LAND OPPORTUNITY WITH APPROXIMATELY 184 FEET OF FRONTAGE ON LAWRENCE SILAS BLVD! Excellent opportunity to secure a cleared OVERSIZED Commercial parcel in the City of Kissimmee, ideally positioned just south of the busy E Oak Street corridor. LOCATION + VISIBILITY + FRONTAGE! With approximately 184 feet directly along Lawrence Silas Blvd, this property offers substantial road exposure in an established area surrounded by residential neighborhoods, businesses and continued Central Florida growth. The property is predominantly cleared and open and fenced, eliminating much of the initial work associated with heavily wooded vacant land and making it easier to envision its future potential. Its convenient infill location provides quick connectivity to E Oak Street and the surrounding Kissimmee commercial and residential areas. The Osceola County Property Appraiser currently classifies the property as Vacant Commercial. Whether you're a developer, business owner or investor looking to add strategically located commercial land to your portfolio, this property offers a compelling combination of commercial land, generous road frontage, visibility and location. Commercial parcels with this amount of frontage in an established Kissimmee location are RARE. Bring your plans and explore all the possibilities!
Facts & features
The home at a glance
0.55 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,925 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,925/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Downtown Kissimmee
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Kissimmee. See the full Kissimmee guide →
Downtown Kissimmee — neighborhood snapshot
Population
2,542
Median age
48
Median income
$33,872
Median home value
$198,552
Avg household
2
Households w/ children
296
For the school run
Osceola County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Kissimmee market
$365K → $350K
Kissimmee median sold, yr/yr
97.3%
Sale-to-list ratio (12 mo)
Median sold price, Kissimmee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 34% below the KISSIMMEE 34744 median. See the full Kissimmee market guide →
Paper trail
This home's history
Reality check
What actually sold near 505 E LAKE STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$214,468
809 BRACK STREET · same community
2 bd · 1 ba · 1,112 sqft · $193/sqft · 15 DOM
Sold · Oct ’25$175,000
207 E ORANGE STREET · same community
2 bd · 1 ba · 1,120 sqft · $156/sqft · 55 DOM
Sold · Oct ’25$349,000
308 E ORANGE STREET · same community
4 bd · 2 ba · 1,554 sqft · $225/sqft · 78 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 505 E LAKE STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 505 E LAKE STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
505 E LAKE STREET FAQs
What would the monthly payment be for 505 E LAKE STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,925/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 505 E LAKE STREET?+
The most recent tax bill on record (2025) was $2,187. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Kissimmee?+
At $250,000, this home is listed about 34% below the Kissimmee median of $379,000. The market section on this page shows how the area is trending.
Which schools are assigned to 505 E LAKE STREET?+
Central Avenue Elementary School (elementary), Osceola High School (high), Denn John Middle School (middle) — Osceola County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of YASMINE KHRINO · Jasmine Khrino. MLS #O6434034.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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