CARIBE COVE PH 03 CONDO
Homes for Sale in KISSIMMEE, FL

A small, single-vintage condo community near the Osceola tourism corridor where only about a quarter of units are homesteaded — meaning the building leans toward investor and second-home ownership rather than full-time residence.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

CARIBE COVE PH 03 CONDO is a small community — 21 recorded sales on file, most recently in 2024 — too few for its own price trend. Here is the market around it.

In ZIP 34747, 1,240 homes are on the market and 12% are under contract — a slower corner of KISSIMMEE.

Across Osceola County, 4,437 homes are active and 1,149 pending (21% under contract).

The housing mix here is 96% condominium, 4% condo - hotel.

ZIP and county figures describe the wider market, not CARIBE COVE PH 03 CONDO specifically. Momentum Research analysis of MLS records.

Everything here dates to 2007, so you are buying into one construction era and one set of building systems. That simplifies comparison — there is no old-stock-versus-new-stock question — but it also means the whole community is aging on the same clock. Roof, mechanical, and reserve conversations tend to arrive for everyone at once, so the association's financials and reserve funding are the single most important document you will read before you buy.

With 38 units and a median around 1,700 square feet, this is a small pool of comparable homes. Thin inventory cuts both ways: when nothing is listed, a well-prepared seller has leverage; when two or three units hit at once, they compete directly. Because roughly three-quarters of units are non-homesteaded, resale timing can hinge on the investor calendar and on whatever rental income the unit can document.

In a 38-unit building, a single comparable sale moves the whole conversation, and the fine print — HOA rules, rental permissions, reserve health — determines value as much as the unit itself. We read those documents with you before you commit, price against the true comparable set rather than a headline number, and tell you plainly when a unit's condition or the association's posture makes it the wrong buy.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.