2861 SIMILE STREET, KISSIMMEE, FL, 34746
Active97 days on marketListed May 8, 2026MLS #O6405965
About this home
2861 SIMILE STREET
OPPORTUNITY! AMAZING TOWNHOME IN STOREY LAKE, with PRIVATE POOL, fully FURNISHED, very well located, near the new Club in the Cove area. Storey Lake is a very complete community with a great location, close to Disney`s Parks, and close to restaurants, shops, Outlet and 30 minutes from the Airport. (Some new pictures will be posted soon)
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
1,914
Sqft
0.06 ac
Lot size
2021
Year built
Two
Levels
$240
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,988 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,988/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−1.7%
$/sqft vs COVE AT STOREY LAKE III
$240 vs $227
Days on market
97 vs 55 typical
Where $240/sqft sits among the 7 homes for sale in COVE AT STOREY LAKE III
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The investor lens
Two ways this home pays
This home sits inside Storey Lake, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,100/mo median
Live Kissimmee rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Storey Lake
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Storey Lake is a short-term-rental community. See the full guide →
KISSIMMEE 34746 — neighborhood snapshot
Population
57,181
Median age
37.6
Median income
$67,677
Median home value
$328,500
Avg household
3.13
Households w/ children
5,929
For the school run
Osceola County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Kissimmee market
$365K → $350K
Kissimmee median sold, yr/yr
97.3%
Sale-to-list ratio (12 mo)
1 of 7
COVE AT STOREY LAKE III have cut their price
Median sold price, Kissimmee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 33% above the KISSIMMEE 34746 median. See the full Kissimmee market guide →
Paper trail
This home's history
Reality check
What actually sold near 2861 SIMILE STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$430,000
2921 SIMILE STREET · same community
4 bd · 3 ba · 1,914 sqft · $225/sqft · 85 DOM
Sold · Sep ’25$540,000
2845 SIMILE STREET · same community
5 bd · 4 ba · 2,168 sqft · $249/sqft · 16 DOM
Sold · Jun ’26$494,800
4329 QUOTE STREET · same community
5 bd · 4 ba · 2,168 sqft · $228/sqft · 151 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Dan Schriver
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 2861 SIMILE STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2861 SIMILE STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Dan's phone and CRM.
Straight answers
2861 SIMILE STREET FAQs
What would the monthly payment be for 2861 SIMILE STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,988/mo — principal and interest, the actual property-tax bill, the $286/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 2861 SIMILE STREET?+
The association fee works out to $286 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 2861 SIMILE STREET?+
The most recent tax bill on record (2025) was $7,579. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 2861 SIMILE STREET be rented short-term?+
Yes — this home sits inside Storey Lake, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 2861 SIMILE STREET?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Kissimmee?+
At $459,800, this home is listed about 21% above the Kissimmee median of $379,000. The market section on this page shows how the area is trending.
Which schools are assigned to 2861 SIMILE STREET?+
Kissimmee Middle School (middle), Flora Ridge Elementary School (elementary), Celebration High School (high) — Osceola County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$459,800 runs 33% above the KISSIMMEE 34746 median.
02Zoned for nightly rentals
Storey Lake is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
04The price has already moved
Listed at $559,800, now $459,800 — a $100K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of AMG INTERNATIONAL REALTY · Maria Luiza Ferreira Drummond. MLS #O6405965.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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