The road starts at an intersection with an entrance road to the Disney's Animal Kingdom Lodge in Lake Buena Vista. For its westernmost, it has many characteristics of an at-grade boulevard; however, east of the entrance to Disney's Animal Kingdom, it becomes a grade-separated expressway. Heading east, the parkway passes through several sections of the Disney World Complex before intersecting with World Drive and crossing into Osceola County. The parkway exits Walt Disney World, just before an interchange with I-4. Although Osceola Parkway was built across I-4 into Walt Disney World, an interchange with that freeway did not open until 2001. The ramps with the exit to nearby SR 536 are interspersed such that traffic going on to I-4 from SR 536 cannot directly exit onto Osceola Parkway, and vice versa. The road then has an interchange with SR 417, where the Parkway becomes a limited access toll road. The parkway passes through residential areas, passing through an interchange with Poinciana Blvd., featuring ramp tolls of $1.00 for eastbound exiting traffic and westbound entering traffic. East of the interchange, Osceola Parkway crosses the one mainline toll plaza just east of Shingle Creek, with a $2.00 toll as of January 2020. East of the toll plaza, the tolled section of the parkway ends as it becomes a surface street, as it continues to pass through residential and shopping areas with at grade intersections, most notably with John Young Parkway and US 17/US 92/US 441 as the road heads towards Florida's Turnpike. East of the Turnpike, the road continues as a four lane street through another residential development until its terminus at Simpson Road, near Buenaventura Lakes. Simpson Road was known as Boggy Creek Road until September 2014, which removed the unusual situation of having a three way intersection with all three roads having the same name. The Parkway originally used an electronic toll collection system known as O-PASS, however the county elected to discontinue its own toll collection program and instead contracted with the Orlando–Orange County Expressway Authority to provide that service, so the O-PASS system was merged with the E-PASS system. The Osceola Parkway also accepts SunPass accounts which are run by the Florida Department of Transportation and are accepted on most toll roads throughout the State of Florida.
History
The road originally opened as Dart Boulevard on June 16, 1987 as a two-mile stretch between U.S. Highway 441 and Buenaventura Boulevard. During the early 1990s, Disney World and Osceola County officials extended and upgraded the road to its current parkway form, widened the lanes from two to four and added an interchange with Florida's Turnpike, with the highway opening on August 18, 1995. A $19.2 million project has begun to widen of Osceola Parkway from two to four lanes between the intersections of Buenaventura Boulevard and Simpson Road from Myers Road to north of Osceola Parkway. The date of substantial completion for the second phase of work on the east-west road is April 1, 2015.