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259 261 Cobalt Drive

KISSIMMEE, FL 34758

5 beds
4 baths
2,176 sqft
11,195 sqft lot
$165 per sqft
1987 build
– on site

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Discover an exceptional investment opportunity with this well-maintained duplex located at 259-261 Cobalt Drive in the heart of Kissimmee, Florida. Nestled in a quiet residential neighborhood, this property offers the perfect blend of convenience and tranquility, making it an ideal choice for investors or homeowners seeking rental income potential. Key Features: Two Spacious Units: Each unit features one 3 bedroom/2bath unit and one 2 bedrooms/2bath unit, an open-concept living area, and a fully-equipped kitchen with ample counter space. Private Patios. Ample Parking: A generous driveway provides plenty of space for parking, with additional street parking available. Prime Location: Located in the rapidly growing area of Kissimmee, this duplex is just minutes away from schools, shopping, dining, and major roads like US-192 and the Florida Turnpike, making it easy to commute to Orlando and the attractions. Strong Rental Potential: With its close proximity to local amenities and major employers, this duplex is a prime rental property, offering steady income potential. Ideal for long-term tenants or short-term vacation rentals.

Listing courtesy of STELLAR_MLS / TRANSCEND REALTY

Last checked: Checking… • Last updated Apr 21, 2025 •

MLS# S5117386 —

The Building

Year Built:

1987

New Construction:

false

Construction Materials:

Block

Levels:

One

Roof:

Shingle

Foundation Details:

Slab

# of Buildings:

Building Area Total:

2176

Building Area Units:

Square Feet

Building Area Source:

Public Records

Interior

Interior Features:

Kitchen/Family Room Combo

Flooring:

Ceramic Tile

Fireplace:

false

Room Dimensions

Living Area:

2176

Living Area Units:

Square Feet

Living Area Source:

Public Records

Location

Directions:

Take I-4 W (westbound) or I-4 E (eastbound) depending on your location. Exit 64 for US-192 W toward Kissimmee. Continue on US-192 W for about 6.5 miles. Turn left onto N. Thacker Avenue (CR 532). Turn right onto Cobalt Drive.

Latitude:

28.176594

Longitude:

-81.483293

Coordinates:

-81.483293, 28.176594

The Property

Parcel Number:

252628611614660130

Property Type:

Residential Income

Property Subtype:

Duplex

Lot Size Acres:

0.26

Lot Size Area:

11195

Lot Size SqFt:

11195

Lot Size Units:

Square Feet

Total Acres:

1/4 to less than 1/2

Zoning:

OPUD

View:

false

Exterior Features:

Sliding Doors

Water Source:

Public

Road Surface Type:

Asphalt

Flood Zone Code:

Additional Parcels:

false

Lease Restrictions:

false

Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023

Tax Lot:

Tax Block:

1466

Tax Legal Description:

POINCIANA V 1 NBD 1N PB 3 PG 1 BLK 1466 LOT 13 35/26/28

Tax Book Number:

3-1

Tax Annual Amount:

$3,468.13

Beds

Bedrooms Total:

Baths

Total Baths:

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central

Heating:

true

Cooling:

Central Air

Cooling:

true

Utilities

Utilities:

BB/HS Internet Available

Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher

Laundry Features:

Laundry Closet

The Community

Subdivision Name:

POINCIANA VILLAGE 1 NBHD 1 NORTH

Senior Community:

false

Waterview:

false

Water Access:

false

Waterfront:

false

Pool Private:

false

Pets Allowed:

Breed Restrictions

Pet Restrictions:

Must verify with HOA all restrictions.

# of Pets:

Association:

true

Association Fee:

180

Association Fee Frequency:

Monthly

Association Fee Requirement:

Required

Monthly HOA Amount:

180

Ownership:

Fee Simple

Association Approval Required:

false

Parking

Garage:

false

Carport:

false

Extra Units

# of Units Total:

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
4/17/25 Apr 17, 2025	Sold	STELLAR_MLS	$360,000	-5.3%
2/27/25 Feb 27, 2025	Pending	STELLAR_MLS	$380,000
2/5/25 Feb 5, 2025	Price Changed	STELLAR_MLS	$380,000	-2.6%

Multifamily Sold on 4/17/2025

$360,000

Listing provided by broker:

Jacob Hara

TRANSCEND REALTY

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Listing Courtesy of: STELLAR_MLS and TRANSCEND REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

259 261 Cobalt Drive

KISSIMMEE, FL 34758