The Encanto Community - 150-Home Build-to-Rent Townhome Community | Orlando MSA

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: $677,904
• - Net Operating Income: $4,012,733
• - Selling Cap Rate: 6.9%
• - No HOA fees
• * Real estate taxes reflect the Florida Live Local designation and its property tax exemption of up to 75%, subject to buyer election and ongoing program compliance.

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