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2690 E LAKE ROAD

Multi-family For Sale
$1,938,000

BTC: 32.08609272

ETH: 1,215.28322119

5 days
Waterfront
6 bds
3,429 sqft

Overview

Rare 6.46-Acre Waterfront Development Opportunity on East Lake Tohopekaliga An exceptional opportunity to acquire 6.46± acres of waterfront property in one of Central Florida's fastest-growing areas. This offering includes two parcels totaling approximately 6.46 acres, consisting of a 2.66-acre improved parcel and an adjacent 3.80-acre vacant parcel, providing incredible flexibility for investors, developers, builders, or those seeking a private waterfront estate. The improved parcel currently features multiple residential units that generate approximately $30,000 in annual rental income, with the opportunity to increase income by approximately $18,000 annually through leasing the remaining units. Generate cash flow while planning your future vision. The true value of this property lies in its land, location, and development potential. With expansive frontage, mature oak trees, and direct access to beautiful East Lake Tohopekaliga, this is a rare opportunity to create a luxury waterfront enclave or private family compound. Preliminary concepts may allow for multiple estate-sized homes with guest houses, subject to county approvals and buyer due diligence. Located just minutes from Lake Nona, Medical City, Orlando International Airport, major highways, shopping, and dining, properties of this size with waterfront acreage are becoming increasingly difficult to find. Property Highlights • 6.46± acres across two parcels • 2.66-acre improved parcel • 3.80-acre adjacent vacant parcel • Direct waterfront location on East Lake Tohopekaliga • Existing income-producing improvements • Approximately $30,000 annual rental income with additional upside • Excellent investment, redevelopment, or estate opportunity • Potential for future subdivision or luxury estate development (subject to county approval) • Minutes from Lake Nona, Medical City, Orlando International Airport, and major roadways Opportunities of this scale, location, and potential are exceptionally rare in Central Florida.

Location

Details

Type:
Residential Income
Parking:
Boat / Covered / Oversized / RV Parking
Year Built:
1996
Lot:
6.46 Acres
Heating:
Electric
Price/sqft:
$565
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$8,828
2025
Pool
In Ground
View
Garden, Pool
Waterfront
Canal Front
Garage
4 car garage
Pets
Allowed
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Parking

    • Boat

    • Covered

    • Oversized

    • RV Parking

    Property

    • Pool Private: Yes

    • Exterior Features: Garden

    Lot

    • Lot: 6.46 Acres

    Other Property Information

    • Parcel Number: 102530000002260000

    • Zoning: R-1M

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $8,829

  • Source details

    • MLS ID: O6420498

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Block

    • Laundry Features: Common Area

    • Lot Features: Corner Lot / Oversized Lot / Private / Street Dead-End

    • Patio And Porch Features: Deck

    • Pool Features: In Ground

    • Other Structures: Boat House / Guest House

    • Waterfront: Yes

    • Garage Spaces: 4

    • Garage: Yes

    • Living Area: 3429

    • Water Source: Well

    • Subdivision Name: ACREAGE & UNREC

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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: REALTY ONE GROUP INSPIRATION