For Sale
Call for price

2089 Heritage Key BlvdKissimmee, FL 34744

Luxury Apartment Complex, 521 Units

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A, multifamily investment opportunity presents a newly constructed (2024) 521-unit apartment community in Kissimmee, Florida's thriving Orlando MSA. The property, encompassing 55.21 acres, consists of 63 buildings with two stories each, totaling 178,995 square feet. Situated in Osceola County, near the intersection of Heritage Key Boulevard and other major roadways, this prime location offers unparalleled access to NeoCity Research and Technology Campus, Orlando International Airport, Disney World, and HCA Florida Hospital, as well as abundant retail amenities. The property's zoning (PD - Plan Development) allows for significant future expansion. An additional 12.11 acres of adjacent undeveloped land provides the potential to add up to 250 more units. The property is currently free and clear of financing, although acquisition with a combination of new financing and the assumption of existing below-market agency debt on phases II and III is possible. This Core+ investment presents a compelling opportunity for institutional investors seeking a high-quality, well-located asset with significant upside potential. The property's APN numbers are: 25-25-29-2535-0001-00N0

Highlights

  • Newly constructed (2024) 521-unit multifamily community in Kissimmee, FL.
  • 521 units completed in 2024.
  • Adjacent 12.11 acres of undeveloped land allows for up to 250 additional units.
  • Located near NeoCity Research and Technology Campus.
  • Prime location near Orlando International Airport, Disney World, HCA Florida Hospital, and abundant retail.
  • Free and clear of financing, or acquisition possible with new financing and assumption of below-market agency debt on phases II and III.

Property Details for 2089 Heritage Key Blvd

Property type
Apartment buildings
Square Feet
178,995 SF
Class
A
Year Built
2024
Buildings
63
Stories
2
Lot Size (sq. ft)
2,404,948 SF
Units
521

Location Insight

City
Kissimmee
County
Osceola
State
Florida
Latitude
28.286442342741
Longitude
-81.359176041163
2089 Heritage Key Blvd, Kissimmee, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2089 Heritage Key Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message