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323 W CYPRESS STREET

Commercial For Sale
$1,500,000

BTC: 21.42857143

ETH: 714.28571429

New
0 room(s)
4,551 sqft

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.

Location

Details

Type:
Commercial Sale
Parking:
Curb Parking
Year Built:
1982
Lot:
0.44 Acres
Heating:
Central
Price/sqft:
$330
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$9,116
2025
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Parking

    • Curb Parking

    Property

    • Levels: One

    Lot

    • Lot: 0.44 Acres

    Other Property Information

    • Parcel Number: 152529149000010060

    • Zoning: KRPB

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Medical Office

  • Utility

    • BB/HS Internet Capable

    • Electricity Available

    • Phone Available

    • Public

    • Underground Utilities

  • Other financial information

    • Annual tax amount: $9,116

  • Source details

    • MLS ID: S5155353

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Slab

    • Lot Features: Central Business District / Corner Lot / City Lot / Sidewalk

    • Window Features: Rods

    • Direction Faces: South

    • Living Area: 4551

    • Water Source: Public

    • Lot Size Dimensions: 90 x 210

    • Subdivision Name: HILLCREST

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EAST PARK REALTY LLC