Cypress Lakes Ph 5
Homes for Sale in Kissimmee, FL

Community in Kissimmee · Osceola County
187 homesBuilt 1990–1993
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Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · Cypress Lakes Ph 5 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 0 a year
Ownership and context
72%
Owner-occupied · Cypress Lakes Ph 5
134 of 187 parcels homesteaded (FL DOR 2025)
28%
Non-owner-occupied · Cypress Lakes Ph 5
incl. 3% trust or LLC-held · 8% out-of-state
187
Homes in the community
187 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1990
Community established
homes built 1990-1993, median 1991 (FL DOR 2025)
1
Failed listings · 2026
peaked at 9 in 2008
0.5%/yr
Turnover rate
about 1 of 187 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cypress Lakes Ph 5 is a compact, built-out pocket in Kissimmee — 187 homes, all raised between 1990 and 1993, with a median build year of 1991. That tight construction window matters: price here is driven less by floor plan variety and more by condition and how much of the original home has been updated. The median living area sits at about 1,651 square feet, so you are looking at a consistent, modestly sized single-family product rather than a wide spread of home types.

The ownership profile is stable. Roughly 72% of homes carry a homestead exemption, which points to a majority owner-occupied enclave rather than an investor churn zone. For sellers, that stability tends to mean fewer distressed listings competing on price. For buyers, it means inventory is thin and turnover is limited, so when a well-kept home comes up, you move deliberately rather than waiting for the next five to compare.

Best for

  • Buyers seeking a modestly sized, established single-family home in Osceola County and comfortable factoring in updates
  • Value-minded buyers willing to take on cosmetic or systems work to build equity through improvements
  • Long-hold owner-occupants who prize a stable, built-out neighborhood over new construction

Probably not for

  • Buyers who want a large floor plan or a wide menu of home styles to compare
  • Those needing move-in-ready certainty with no tolerance for aging-system risk
  • Buyers who require a deep, always-available inventory and cannot wait for the right listing

The market around Cypress Lakes Ph 5

Cypress Lakes Ph 5 is a small community — 41 recorded sales on file, most recently in 2026 — 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).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Cypress Lakes Ph 5 specifically. Momentum Research analysis of MLS records.

If we were buying in Cypress Lakes Ph 5 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 Cypress Lakes Ph 5.

Best Buy
Buyers who want an established Osceola County home and are willing to renovate or reward a home that already has been.
Biggest Risk
Early-1990s construction means aging systems — roofs, HVAC, and finishes often need attention or already have.
Sweet Spot
A well-updated home near the median footprint priced for its actual condition.
Avoid If
You need lots of choices at once or a large-square-footage floor plan.

A condition-driven resale market

Because every home here shares roughly the same age and a median footprint near 1,651 square feet, the pricing story is almost entirely about condition. Roofs, HVAC systems, kitchens, and baths from the original build era are now well past their first life, so a renovated home and a deferred-maintenance home can sit far apart in value despite looking similar on paper. Read the improvements, not just the address.

With only 187 homes and a high homestead share, listings are episodic — you will not see a deep bench of choices at any one time. That thin supply cuts both ways: sellers of updated homes negotiate from a position of relative scarcity, while buyers need to be pre-approved and decisive so they can act when the right home lists rather than hope for a comparable one behind it.

The location and the amenities are priced into every listing in Cypress Lakes Ph 5. 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 small, condition-sensitive neighborhood like this, the value is in reading each home honestly — what has been replaced, what is deferred, and what that means at the negotiating table. We track the Stellar feed for this exact pocket, so when one of these 187 homes lists, we can tell you quickly whether it is priced on updated condition or original condition, and price your own home the same way.

Cypress Lakes Ph 5 in 15 seconds.

Best forBuyers who want an established Osceola County home and are willing to renovate or reward a home that already has been.
Biggest advantageA stable, mostly owner-occupied enclave with consistent single-family product and limited distressed competition.
Biggest riskEarly-1990s construction means aging systems — roofs, HVAC, and finishes often need attention or already have.
Sweet spotA well-updated home near the median footprint priced for its actual condition.
Avoid ifYou need lots of choices at once or a large-square-footage floor plan.

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 Cypress Lakes Ph 5 sales matched to your home.

What is your Cypress Lakes Ph 5 home worth?

Get a no-obligation home value based on real comparable sales in Cypress Lakes Ph 5, 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 Cypress Lakes Ph 5?
The Florida DOR 2025 assessment roll shows 187 homes in Cypress Lakes Ph 5 (public records).
What share of Cypress Lakes Ph 5 is owner-occupied?
72% of Cypress Lakes Ph 5 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cypress Lakes Ph 5 built?
Homes in Cypress Lakes Ph 5 were built between 1990 and 1993, with a median year built of 1991 (FL DOR 2025 roll).
Who is the best real estate agent for Cypress Lakes Ph 5?
The best agent for Cypress Lakes Ph 5 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 Cypress Lakes Ph 5.
How do I find a top Kissimmee real estate agent who knows Cypress Lakes Ph 5?
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 Cypress Lakes Ph 5 and the wider Kissimmee area.
Can Momentum Realty connect me with an agent for Cypress Lakes Ph 5?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cypress Lakes Ph 5 purchase or sale - no call center and no pressure.
Buyers seeking a modestly sized, established single-family home in Osceola County and comfortable factoring in updatesExcellent fit
Value-minded buyers willing to take on cosmetic or systems work to build equity through improvementsExcellent fit
Long-hold owner-occupants who prize a stable, built-out neighborhood over new constructionExcellent fit
Buyers who want a large floor plan or a wide menu of home styles to compareProbably not
Those needing move-in-ready certainty with no tolerance for aging-system riskProbably not
Buyers who require a deep, always-available inventory and cannot wait for the right listingProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34743))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (11 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.

Own a home here?

You just read the data. Now see what your home is worth.

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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More Kissimmee & Kissimmee, St. Cloud & Osceola County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Kissimmee, St. Cloud & Osceola County or the full Neighborhood Finder.

Thinking of selling in Cypress Lakes Ph 5? 1 recorded closings (window ending 2026-07-13). See the Osceola County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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