Commercial Sale · Medical Office
323 W CYPRESS STREET, KISSIMMEE, FL, 34741
Active4 days on marketListed Aug 18, 2026MLS #S5155353
About this property
The property at a glance
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.
4,620
Building sq ft
$325
Price / sq ft
0.44
Lot acres
1982
Year built
3
Units
1
Building
KRPB
Zoning
Medical Office
Property type
The numbers
Investment snapshot
$500,000
Price / unit
3
Units
Estimated payment (illustrative)
Estimated payment
$7,665/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. 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.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Kemarie to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
56,429
Population
$50,278
Median income
33.9
Median age
2.94
Avg household
$270,200
Median home value
$1,591/mo
Median rent
6,737
Households w/ kids
Recent sales
What actually sold near 323 W CYPRESS STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$935,000
815 MABBETTE ST UNIT 101
4,140 sqft · $226/sqft · Sold Jul 22, 2026
$6,900
722 PATRICK STREET UNIT 210
4,970 sqft · $1/sqft · Sold Apr 14, 2025
$6,900
722 PATRICK STREET UNIT 201
4,970 sqft · $1/sqft · Sold Apr 14, 2025
Your team
The pros in your corner
Your agent
Kemarie Johnson
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 323 W CYPRESS STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 323 W CYPRESS STREET.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of EAST PARK REALTY LLC · Racquel Schroeder. MLS #S5155353.
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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