Caribe Cove Ph 05 Condo
Homes for Sale in Kissimmee, FL

Community in Kissimmee · Osceola County
15 homesBuilt 2007–2007
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Caribe Cove Ph 05 Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
27%
Owner-occupied · Caribe Cove Ph 05 Condo
4 of 15 parcels homesteaded (FL DOR 2025)
73%
Non-owner-occupied · Caribe Cove Ph 05 Condo
incl. 13% trust or LLC-held · 53% out-of-state
100%
Cash buyers · Caribe Cove Ph 05 Condo
3 of 3 sales, 12 mo ending June 2021
15
Homes in the community
15 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 2007
Community established
homes built 2007-2007, median 2007 (FL DOR 2025)
0
Failed listings · 2024
peaked at 2 in 2017
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Caribe Cove Ph 05 Condo is a small, single-vintage community — every unit traces back to 2007, and with only 15 homes in the count, this is a thin market where any single listing or sale can move the read. Value here tracks unit condition, floor plan, and how a given owner has maintained a roughly 1,700 square foot layout more than it tracks broad market swings.

The homestead share sits at just under 27%, meaning the majority of units are held as non-homestead property — likely investment or seasonal use. For a buyer, that means more of the inventory here turns over on a landlord's or investor's timeline rather than an owner-occupant's, so patience and a clear read on a specific unit's history matter more than chasing a market average.

Best for

  • A buyer looking for a condo purchase in the 1,700 square foot range without needing on-site amenities confirmed upfront.
  • An investor comfortable with a community where the majority of units are already held as non-homestead property.
  • A buyer who wants a single, consistent construction era (2007) and is prepared to evaluate each unit individually given the small inventory.

Probably not for

  • A buyer who wants a large pool of comparable recent sales to lean on during negotiation.
  • A buyer specifically seeking confirmed community amenities like a pool, gym, or clubhouse.
  • A buyer who wants a community where most current owners are in place as primary residents.

The market around Caribe Cove Ph 05 Condo

Caribe Cove Ph 05 Condo is a small community — 9 recorded sales on file, most recently in 2024 — too few for its own price trend. Here is the market around it.

Across Osceola County, 4,370 homes are active and 1,137 pending (21% under contract).

The housing mix here is 91% condominium, 9% condo - hotel.

ZIP and county figures describe the wider market, not Caribe Cove Ph 05 Condo specifically. Momentum Research analysis of MLS records.

If we were buying in Caribe Cove Ph 05 Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Caribe Cove Ph 05 Condo.

Best Buy
Buyers focused on a specific unit's condition and rental potential rather than a broad set of comparables.
Biggest Risk
A thin resale pool of just 15 homes limits comparable data and can slow negotiations.
Sweet Spot
Fits best as a secondary or investment unit given the low homestead share among current owners.
Avoid If
Skip it if you need confirmed on-site amenities — none are currently identified from MLS listings.

A small, single-year condo pool

Because every unit in Caribe Cove Ph 05 Condo was built in the same year, there is no construction-era variation to sort through — the differences between units come down to renovation level, unit orientation, and how well each has been kept up since 2007. With only 15 homes total, this is not a community where you can rely on a deep pool of comparable sales; each listing has to be evaluated largely on its own terms.

The homestead share of under 27% is a signal worth sitting with. It suggests a meaningful share of owners are not living here as a primary residence, which often correlates with rental activity or seasonal use in condo communities near Central Florida's tourist corridor. No community amenities were identified from current MLS listings, so buyers should confirm directly what, if anything, is included before assuming pool, gym, or common-area access.

The location and the amenities are priced into every listing in Caribe Cove Ph 05 Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin, the right read depends on unit-level detail — condition, rental history, HOA documents, and how a given listing compares to the handful of other units that have actually traded. We pull that detail before you write an offer, not after.

Caribe Cove Ph 05 Condo in 15 seconds.

Best forBuyers focused on a specific unit's condition and rental potential rather than a broad set of comparables.
Biggest advantageA uniform 2007 build means no era-to-era guessing on construction quality or systems age.
Biggest riskA thin resale pool of just 15 homes limits comparable data and can slow negotiations.
Sweet spotFits best as a secondary or investment unit given the low homestead share among current owners.
Avoid ifSkip it if you need confirmed on-site amenities — none are currently identified from MLS listings.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Caribe Cove Ph 05 Condo sales matched to your home.

What is your Caribe Cove Ph 05 Condo home worth?

Get a no-obligation home value based on real comparable sales in Caribe Cove Ph 05 Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Caribe Cove Ph 05 Condo?
The Florida DOR 2025 assessment roll shows 15 homes in Caribe Cove Ph 05 Condo (public records).
What share of Caribe Cove Ph 05 Condo is owner-occupied?
27% of Caribe Cove Ph 05 Condo parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Caribe Cove Ph 05 Condo built?
Homes in Caribe Cove Ph 05 Condo were built between 2007 and 2007, with a median year built of 2007 (FL DOR 2025 roll).
Do cash buyers compete in Caribe Cove Ph 05 Condo?
Cash buyers took 100% of Caribe Cove Ph 05 Condo sales in the 12 months ending June 2021 (3 of 3 closings, Stellar MLS).
Who is the best real estate agent for Caribe Cove Ph 05 Condo?
The best agent for Caribe Cove Ph 05 Condo is one who actively works Kissimmee and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Caribe Cove Ph 05 Condo.
How do I find a top Kissimmee real estate agent who knows Caribe Cove Ph 05 Condo?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Caribe Cove Ph 05 Condo and the wider Kissimmee area.
Can Momentum Realty connect me with an agent for Caribe Cove Ph 05 Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Caribe Cove Ph 05 Condo purchase or sale - no call center and no pressure.
A buyer looking for a condo purchase in the 1,700 square foot range without needing on-site amenities confirmed upfront.Excellent fit
An investor comfortable with a community where the majority of units are already held as non-homestead property.Excellent fit
A buyer who wants a single, consistent construction era (2007) and is prepared to evaluate each unit individually given the small inventory.Excellent fit
A buyer who wants a large pool of comparable recent sales to lean on during negotiation.Probably not
A buyer specifically seeking confirmed community amenities like a pool, gym, or clubhouse.Probably not
A buyer who wants a community where most current owners are in place as primary residents.Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 34747))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (7 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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