1 / 1
$685,000
Active
1526 TANGELO CIRCLE
KISSIMMEE, FL 34746 — CITRUS ESTATES
7 Beds
7 Baths
3,748 sqft
0.56 acres
Built 1985
About This Property
***2023 roof, high growth area, great for investors, location, location & location***
Prime Income-Producing Triplex in the Heart of Kissimmee! This well-maintained multifamily property offers a versatile unit mix totaling over 3,700 square feet of living space, making it an excellent opportunity for both investors and owner-occupants. Built in 1985 and situated on a generous oversized lot, the property features solid construction, ample parking, and a functional layout ideal for long-term or short-term rental potential.
The property includes one 2-bedroom, 2-bath unit; one two-story unit featuring 2 bedrooms, 1 full bath, and an additional half bath; and one spacious 3-bedroom, 2-bath unit that also includes a separate studio with its own 1-bedroom, 1-bath layout, complete with kitchen and living area—perfect for additional rental income or guest accommodations.
All units are currently occupied, generating approximately $5,900 in monthly rental income, with potential for future increases. Each unit provides comfortable living areas with strong rental appeal in a high-demand location just minutes from major roadways, shopping, dining, and world-renowned attractions.
With no HOA restrictions, owners enjoy flexibility in management and use. Public water and sewer connections ensure convenience and reliability. Whether you’re looking to expand your portfolio or secure a steady cash-flowing asset in a growing market, this property delivers on location, size, and income potential. Don’t miss this rare opportunity in one of Central Florida’s most active rental corridors.
Prime Income-Producing Triplex in the Heart of Kissimmee! This well-maintained multifamily property offers a versatile unit mix totaling over 3,700 square feet of living space, making it an excellent opportunity for both investors and owner-occupants. Built in 1985 and situated on a generous oversized lot, the property features solid construction, ample parking, and a functional layout ideal for long-term or short-term rental potential.
The property includes one 2-bedroom, 2-bath unit; one two-story unit featuring 2 bedrooms, 1 full bath, and an additional half bath; and one spacious 3-bedroom, 2-bath unit that also includes a separate studio with its own 1-bedroom, 1-bath layout, complete with kitchen and living area—perfect for additional rental income or guest accommodations.
All units are currently occupied, generating approximately $5,900 in monthly rental income, with potential for future increases. Each unit provides comfortable living areas with strong rental appeal in a high-demand location just minutes from major roadways, shopping, dining, and world-renowned attractions.
With no HOA restrictions, owners enjoy flexibility in management and use. Public water and sewer connections ensure convenience and reliability. Whether you’re looking to expand your portfolio or secure a steady cash-flowing asset in a growing market, this property delivers on location, size, and income potential. Don’t miss this rare opportunity in one of Central Florida’s most active rental corridors.
Property Details
Basics
- Property Type
- Residential Income
- Property Subtype
- Quadruplex
- MLS Number
- O6400454
- Year Built
- 1985
- Occupant Type
- Tenant
Size & Structure
- Living Area
- 3,748 sqft
- Total Area
- 4,092 sqft
- Lot Size
- 0.56 acres
- Lot Sq Ft
- 24,618 sqft
- Bedrooms
- 7
Interior
- Interior Features
- Other
- Laundry
- Other
- A/C
- Central Air
- Heating
- Central
Exterior & Lot
- Exterior Features
- Other
- Construction
- Block, Concrete, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Patio/Porch
- Porch
- Lot Features
- Corner Lot, Oversized Lot
Water & Pool
Community & HOA
- HOA
- No
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
- Cooling
- Central Air
- Heating
- Central
- Flood Zone
- X
Financial
- List Price
- $685,000
- Annual Taxes
- $4,976
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional, FHA, Other, VA Loan
- Special Conditions
- None
Schools
- Elementary
- Knights Point
- Middle School
- Kissimmee Middle
- High School
- Celebration High