Listing Summary
Brand new Class A, 150-home build-to-rent (BTR) townhome community on 14 acres in Kissimmee (Osceola County), FL, within the Orlando MSA. Completed 2025. 150 individually platted tax folios - ideal candidate for condo conversion or individual sale. 3- and 4-bedroom, 2.5-bath townhomes (avg 1,450 SF) with private fenced yards and 1-2 car garages on select plans. Currently in stabilization; avg in-place rent $2,554/mo. Asking $58,450,000 - pro forma NOI $3,565,450 at a 6.1% cap rate. Approx. 18 min to Walt Disney World, 24 min to Downtown Orlando, 20 min to Lake Nona Medical Campus and 12 min to Orlando International Airport. Keywords: build-to-rent, BTR, townhomes, multifamily, new construction, Orlando, Kissimmee, Osceola County, investment, condo conversion, Live Local.
Full Description
One Sotheby's International Realty is proud to present The Encanto Community, a newly built, Class A, 150-home build-to-rent (BTR) townhome community located at 1898 Zac St, Kissimmee, FL 34743 in Osceola County, within the Orlando, FL MSA.
PROPERTY OVERVIEW
- Year Completed: 2025
- - Product Type: Townhomes (3- and 4-bedroom, four contemporary floor plans)
- - Total Homes: 150
- - Total Acres: 14
- - Parcel Type: Individually Platted (150 individual tax folios) - ideal candidate for condo conversion
- - Occupancy: In Stabilization
- - Avg Pro Forma Rent: $2,554/mo
FINANCIAL SUMMARY (Pro Forma, October 2026)
- Sales Price: $58,450,000
- - Effective Gross Income: $4,690,637
- - Total Operating Expenses: $1,125,178
- - Net Operating Income: $3,565,450
- - Selling Cap Rate: 6.1%
- - No HOA fees
The Community offers residents a suburban infill, low-density lifestyle with modern finishes and efficient layouts, providing a compelling rental alternative to homeownership amid rising for-sale housing costs. It is situated in a desirable residential area with convenient access to schools, neighborhood retail and daily amenities.
LOCATION
Approximately 18 minutes from Walt Disney World Resort, 24 minutes from Downtown Orlando, 20 minutes from Lake Nona Medical Campus and 12 minutes from Orlando International Airport, with strong regional connectivity to one of the largest employment bases in the Southeast.
The Orlando MSA continues to show strong population and employment growth, driven by a diversified economy spanning tourism, healthcare, logistics, aerospace and technology. The Encanto Community represents a compelling opportunity to acquire new-construction, low-maintenance BTR housing in one of Florida's most liquid and investor-favored MSAs, offering durable cash flow, downside protection and long-term appreciation potential.
Contact: Manuel Chamizo III, Global Commercial Director, One Sotheby's International Realty | 786.453.3171 | flacommercial@gmail.com
Quick Glance
- Listing ID:
CL-Florida-28646
- Status:
Active
- Year Build:
2025
- Building Size:
217,500 SqFt
- Lot Size:
14.00 Acr
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