Back on Market! Brand new kitchen cabinets and countertops are in the processing of being installed, and there is a Transferable Termite Bond!! Welcome home to 310 E Magnolia St, Kissimmee, FL 34744 - a rare opportunity just steps from the heart of historic Downtown Kissimmee with NO HOA, endless flexibility, and serious upside! This charming property sits on a nearly Quarter-Acre, Fully Fenced lot with a huge Extended Driveway that easily fits multiple vehicles meaning bring your boat, trailer, or work trucks with no restrictions. Whether you're a primary homeowner craving space or an investor looking for income potential, or BOTH - this one checks all the boxes. The main home welcomes you with a cute front deck, perfect for morning coffee or evening sunsets. Inside, you'll find 3 bedrooms and 1.5 bathrooms, including a full bathroom with an updated Tiled freestanding shower. The layout offers an open living and dining room combo, plenty of natural light, laminate and tile flooring throughout (no carpet), a kitchen equipped with all essential appliances, and an indoor laundry room with washer/dryer connections. Toward the rear of the home, a bonus flex room near the half bath provides the perfect space for a home office, gym, or playroom. The true standout? A Detached Garage converted into a Studio Apartment featuring a full bedroom AND full bathroom-ideal for guest accommodations, multigenerational living, or immediate rental income to boost your cash flow. Location is everything, and this one is unbeatable. Just a few blocks from Downtown Kissimmee, you're minutes from Lake Tohopekaliga's scenic waterfront, Kissimmee Lakefront Park, vibrant restaurants, boutique and antique shops, artisan stores, the Kissimmee Valley Farmers Market, year-round community events, seasonal festivities, and SunRail access for easy commuting. Add in proximity to schools, Disney, major roads and highways, the Turnpike, Orlando International Airport, and hospitals, and you've got prime convenience wrapped in small-town charm. With the city's continued growth and revitalization, owning here isn't just buying a home- it's investing in the future. Opportunities like this in Downtown Kissimmee don't come around often. Schedule your private showing Today before it's gone!