Old Town Kissimmee Sold to Local Family for $24.5 Million

Kissimmee's historic Old Town entertainment district has a new owner. A local Florida family purchased the venue for nearly $24.5 million and plans to invest in its future while preserving its nostalgic charm.

The sale marks a significant transition for the landmark, known for its classic car shows, unique shops and family-friendly attractions. The new ownership aims to build upon the district's existing appeal, ensuring it remains a vibrant destination for residents and tourists.

The transaction was finalized recently, with the local family taking immediate possession of the property.