500 Cypress Pkwy, Kissimmee, FL 34759

Highest & Best Use: Multifamily

Units: 110  Square Footage: 16,808
County: Osceola County, FL
Year Built: 1987    Lot Size: 133,729 sq ft (~3.07 acres)
Gross Building Area: 42,755 sq ft total living area across 5 buildings

Property Description
Alhambra Villas is a nicely furnished, studio through two-bedroom residential property set in Poinciana, a quiet bedroom community of Orlando surrounded by calm lakes, creeks, and thousands of acres of natural landscape. Select units can be merged, adding flexibility to the property’s unit mix.

500 Cypress Pkwy, Kissimmee, FL 34759

Highest & Best Use: Multifamily

Units: 110
Square Footage: 16,808
County: Osceola County, FL
Year Built: 1987
Lot Size: 133,729 sq ft (~3.07 acres)
Gross Building Area: 42,755 sq ft total living area across 5 buildings

Property Description
Alhambra Villas is a nicely furnished, studio through two-bedroom residential property set in Poinciana, a quiet bedroom community of Orlando surrounded by calm lakes, creeks, and thousands of acres of natural landscape. Select units can be merged, adding flexibility to the property’s unit mix.

Investment Highlights

Alhambra Villas offers a well-rounded, studio-to-two-bedroom unit mix in Poinciana, a bedroom community just outside Orlando’s major theme-park corridor, with the flexibility of mergeable units to reconfigure inventory as demand shifts. A Tripadvisor Travelers’ Choice Award and consistently positive guest reviews point to a well-maintained, well-regarded property. Its quieter, residential setting — paired with easy access to Walt Disney World, Universal, and SeaWorld — positions it to draw both value-focused residents seeking a calmer home base outside the busiest tourist zones.

Unit Types: 

  • Furnished studio and one-bedroom units that can be merged into two bedrooms
  • 52 One-Bedrooms: king-size bed, sleeper sofa, patio, balcony, private bath, full kitchen
  • 52 Studios: two full-size beds, private bath, sitting area
  • Full kitchens in every suite

Property Description
Alhambra Villas is surrounded by calm lakes, creeks, and thousands of acres of natural landscape. Select rooms can be merged, adding flexibility to the property’s unit mix. Property features include:

  • Swimming pool
  • Tennis court
  • Barbecue areas
  • Playground
  • Shuffleboard courts

Nearby Attractions

  • Walt Disney World Resort, Universal Orlando Resort, SeaWorld, and LEGOLAND Florida, all within easy reach
  • Bike trails and Central Florida countryside surrounding Poinciana
  • Calm lakes and creeks for outdoor recreation

500 Cypress Pkwy, Kissimmee, FL 34759