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Triton Realty Group, LLC, and Citrus Ridge Real Estate have completed the $7-million sale of 17 acres in Kissimmee, FL near Walt Disney World Resort

Triton Completes $7M Sale of Land near Walt Disney World Resort

Triton Realty Group, LLC, in cooperation with Citrus Ridge Real Estate, has completed the $7-million sale of a 17-acre land site in Kissimmee, FL. The property on Irlo Bronson Memorial Highway is six miles from Walt Disney World Resort.

The site is being designed to accommodate a retail outparcel, a hotel, and an apartment complex.

This is the third transaction in the Kissimmee area over last 15 months facilitated by Edward Liss, SVP at Triton Realty Group and Jose Cantero, president at Citrus Ridge Real Estate. In March of 2021 they completed the sale of a 436-unit hotel-to-apartment conversion for $16.4 million and in October of 2020 a sale of a 295-unit hotel-to-apartment conversion for $15.6 million.

“The conversion of 300-square-foot hotel units to studios with resort-like amenities is a growing trend in the area as there is a major void in “affordable” or workforce housing in the area,” said Liss.

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Triton Realty Group’s Liss

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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