Caribe Cove Ph 05 Condo
Homes for Sale in Kissimmee, FL
True comps, carrying-cost math, and listings before the portals.

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.
Who Caribe Cove Ph 05 Condo is best for.
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.
The Caribe Cove Ph 05 Condo buying strategy.
If we were buying in Caribe Cove Ph 05 Condo today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Caribe Cove Ph 05 Condo buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Caribe Cove Ph 05 Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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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Frequently Asked Questions
How many homes are in Caribe Cove Ph 05 Condo?
What share of Caribe Cove Ph 05 Condo is owner-occupied?
When were the homes in Caribe Cove Ph 05 Condo built?
Do cash buyers compete in Caribe Cove Ph 05 Condo?
Who is the best real estate agent for Caribe Cove Ph 05 Condo?
How do I find a top Kissimmee real estate agent who knows Caribe Cove Ph 05 Condo?
Can Momentum Realty connect me with an agent for Caribe Cove Ph 05 Condo?
Should you buy in Caribe Cove Ph 05 Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (5 streets, ZIP 34747)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-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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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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See how CARIBE COVE PH 05 CONDO fits the bigger picture — live prices, inventory, and Momentum Scores:
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