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703 Mabbette Street, Kissimmee, FL 34741

$364,000
4
BD
2
BA
1,613
SqFt
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Sold Price
$364,000
List Price
$369,000
Status
Sold
Days on Market
11
Closing Date
May 07, 2026
MLS#
S5144597
Property Style
Duplex
Year Built
1910
Bedrooms
4
Bathrooms
2
Living Area
1,613
Lot Size
6,271
Acres
0.14
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Mathews Add Resub
MLS Area Major
Kissimmee (Downtown East)
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Property Description

Located in the heart of the historic district of Kissimmee, this charming 1910 duplex blends timeless character with modern updates — a rare income-producing asset in one of Central Florida’s most desirable downtown corridors. Each residence features 2 bedrooms and 1 bathroom and was fully renovated in 2022, combining updated interiors with preserved historic charm. Major capital improvements include a new roof (2022) and foundation reinforcement completed in 2025, significantly reducing near-term capital expenditure risk. Currently leased at $1,500 monthly for each residence, the property presents immediate rental upside into the $1,525 to $1,550 monthly range without additional renovations. Based on current operating performance, the duplex demonstrates the potential for a strong and stable return, subject to buyer verification. With improving interest rate conditions, the property may provide favorable income performance, even when considering insurance costs typically associated with historic properties. This is not a speculative value-add opportunity — it is a stabilized asset in downtown Kissimmee positioned for long-term hold potential. Buyers seeking income stability may find this property well suited for a conservative investment strategy. All financial figures and projections are estimates and should be independently verified by the buyer. The adjacent lot is also available for purchase (S5144748). Pricing consideration may be extended to buyers acquiring both properties simultaneously. Please inquire for additional details.

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Additional Information

Taxes
$4014
Community Features
No Deed Restriction
Zoning
KB5
Interior Layout
Thermostat
Interior Features
Thermostat
Utilities
Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Frame, Wood Siding
Exterior Features
Fence
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Flood Zone Code
X
Parcel ID
21-25-29-1356-0001-0010
Legal Description
HENRY A MATTHEWS REPLAT PB 37 PG 142 LOT 1
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Listing courtesy of 407HUB REAL ESTATE LLC. 407-574-8800

Selling Office: NOVA REAL ESTATE SERVICES INC.

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