EMERALD ISLAND RES-PH 02
Homes for Sale in KISSIMMEE, FL
True comps, carrying-cost math, and listings before the portals.

Emerald Island Res-Ph 02 is a compact pocket of roughly 140 homes built in a tight window from 2002 to 2004, with a median around 1,329 square feet. When the age and size band is this narrow, price is driven far less by floor plan and far more by condition, finish level, and how a home is used. Expect a wide spread on paper that comes back to how updated the home is, not to square footage.
The homestead share here sits near 7%, which tells you most of these homes are held as second homes or rental product rather than primary residences. That posture matters: turnover tends to track investor sentiment and the short-term rental picture in this part of Osceola County more than it tracks local move-up demand. Buyers should underwrite the numbers as a use decision; sellers should price to condition and lead with what a recent renovation actually delivers.
Who EMERALD ISLAND RES-PH 02 is best for.
Best for
- Buyers seeking a second home or vacation property with modest, manageable square footage
- Investors underwriting a short-term or long-term rental who will verify current use rules first
- Value-focused buyers willing to compare on condition rather than chase size
Probably not for
- Buyers wanting a large primary residence with significantly more living space
- Anyone counting on a deep pool of owner-occupied neighbors
- Buyers unwilling to confirm HOA and local short-term rental regulations before purchase
The market around EMERALD ISLAND RES-PH 02
EMERALD ISLAND RES-PH 02 is a small community — 92 recorded sales on file, most recently in 2026 — 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).
Homes here are townhouse.
ZIP and county figures describe the wider market, not EMERALD ISLAND RES-PH 02 specifically. Momentum Research analysis of MLS records.
The EMERALD ISLAND RES-PH 02 buying strategy.
If we were buying in EMERALD ISLAND RES-PH 02 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 EMERALD ISLAND RES-PH 02.
A narrow-build pocket where condition sets price
Because the homes went up across just three years and cluster near 1,329 square feet, you are largely comparing like against like on the structural basics. That makes updates the swing factor. A kitchen, a roof, an HVAC, or a pool refresh will move a home's standing far more than a small difference in size, so read comps through the lens of condition rather than headline square footage.
With a homestead share near 7%, this is predominantly a non-primary-residence market. That means demand here is sensitive to the rules and economics of short-term rental use in Osceola County, and it means buyers should confirm current HOA and local regulations before assuming any particular use. It also means you may encounter a range of maintenance postures across the community, which reinforces the case for a careful inspection.
The location and the amenities are priced into every listing in EMERALD ISLAND RES-PH 02. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this uniform on paper, the money is in reading condition correctly and understanding the use restrictions that govern value. We price to what a home actually offers rather than to a size-based average, and we make sure buyers know exactly what they can and cannot do with a property in this part of Osceola County before they write an offer.
EMERALD ISLAND RES-PH 02 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 EMERALD ISLAND RES-PH 02 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 EMERALD ISLAND RES-PH 02 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in EMERALD ISLAND RES-PH 02, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your EMERALD ISLAND RES-PH 02 home worth?
Get a no-obligation home value based on real comparable sales in EMERALD ISLAND RES-PH 02, 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 EMERALD ISLAND RES-PH 02?
What share of EMERALD ISLAND RES-PH 02 is owner-occupied?
When were the homes in EMERALD ISLAND RES-PH 02 built?
Do cash buyers compete in EMERALD ISLAND RES-PH 02?
Who is the best real estate agent for EMERALD ISLAND RES-PH 02?
How do I find a top KISSIMMEE real estate agent who knows EMERALD ISLAND RES-PH 02?
Can Momentum Realty connect me with an agent for EMERALD ISLAND RES-PH 02?
Should you buy in EMERALD ISLAND RES-PH 02?
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 (3 streets, ZIP 34747)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2009 (31 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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