Rare Income Opportunity in the Heart of Kissimmee! Whether you're looking to grow your rental portfolio or live in a home that helps cover your mortgage, don’t miss this unique property. Thoughtfully configured into three fully separated living areas, it includes a main unit with 3 bedrooms and 2 bathrooms, plus two separate studio-style units—each with its own private entrance, kitchen, and patio area for privacy and flexibility. With a total of 5 bedrooms and 4 bathrooms, this setup is ideal for homeowners, extended families, or investors. The roof was replaced in 2023, and all units have new A/C systems. The interiors have also been recently remodeled, featuring modern kitchens and updated bathrooms. The property is fully rented, generating $4,500 monthly—offering immediate rental income or the option to live in one unit while renting the others. Sitting on a 7,492 sq ft lot, it also features a spacious backyard perfect for relaxing or entertaining. Located just 20 minutes from Disney and Orlando International Airport, with easy access to US-192, Osceola Parkway, Florida’s Turnpike, and SR-417. Best of all, there’s no HOA, giving you more freedom and fewer restrictions. Financing programs available for investment loans. Schedule your private showing today and explore the potential of this one-of-a-kind property!
- Built in 1987
- 2 garage spaces
- $264.74/sqft
- Lot size: 7,492 sqft
- 190 days on market
- Directions: Directions from Downtown Kissimmee: Head east on E Vine St (US-192) for approximately 5 miles. Turn right onto Simpson Rd, then left onto Buenaventura Blvd. Continue for about 2 miles, then turn right onto Royal Palm Dr. Finally, turn left onto Alameda Dr—the property will be on your right.
- County: Osceola
- Geo subdivision: BVL UNIT 3
Features
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Exterior
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Let's get in touch!
Let's get in touch!

Livia Camara Wade
Real Estate 🏠 📍Orlando | FL
- Source: Stellar MLS
- MLS #: S5129540
Listing updated: January 21, 2026 at 1:45AM
Listing provided by: Luz Colon, EXP REALTY LLC
Last checked 0 seconds ago
Listing provided by: Luz Colon, EXP REALTY LLC
Last checked 0 seconds ago
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