EMERALD ISLAND RES-PH 02
Homes for Sale in KISSIMMEE, FL

Community in KISSIMMEE · Osceola County · ZIP 34747
216 homesBuilt 2002–2004
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Built fromLive Stellar MLS data17 years of closingsFL DOR public recordsUpdated twice daily
Live · EMERALD ISLAND RES-PH 02 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 3 a year
Ownership and context
7%
Owner-occupied · EMERALD ISLAND RES-PH 02
16 of 216 parcels homesteaded (FL DOR 2025)
93%
Non-owner-occupied · EMERALD ISLAND RES-PH 02
incl. 27% trust or LLC-held · 59% out-of-state
0%
Cash buyers · EMERALD ISLAND RES-PH 02
0 of 4 sales, 12 mo ending June 2024
216
Homes in the community
216 residential parcels (FL DOR 2025)
Track record · 17 years of records
Est. 2002
Community established
homes built 2002-2004, median 2003 (FL DOR 2025)
1
Failed listings · 2026
peaked at 28 in 2007
0.5%/yr
Turnover rate
about 1 of 216 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

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.

If we were buying in EMERALD ISLAND RES-PH 02 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 EMERALD ISLAND RES-PH 02.

Best Buy
Buyers looking at a second home or rental use case in an established early-2000s community.
Biggest Risk
Value is use-sensitive and tied to short-term rental economics and regulation.
Sweet Spot
A well-updated home in the community's standard footprint that shows better than its peers.
Avoid If
You want a large, owner-occupied primary home in a predominantly resident neighborhood.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers looking at a second home or rental use case in an established early-2000s community.
Biggest advantageA consistent build makes it easier to judge value once you focus on condition.
Biggest riskValue is use-sensitive and tied to short-term rental economics and regulation.
Sweet spotA well-updated home in the community's standard footprint that shows better than its peers.
Avoid ifYou want a large, owner-occupied primary home in a predominantly resident neighborhood.

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 EMERALD ISLAND RES-PH 02 sales matched to your home.

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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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in EMERALD ISLAND RES-PH 02?
The Florida DOR 2025 assessment roll shows 216 homes in EMERALD ISLAND RES-PH 02 (public records).
What share of EMERALD ISLAND RES-PH 02 is owner-occupied?
7% of EMERALD ISLAND RES-PH 02 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in EMERALD ISLAND RES-PH 02 built?
Homes in EMERALD ISLAND RES-PH 02 were built between 2002 and 2004, with a median year built of 2003.0 (FL DOR 2025 roll).
Do cash buyers compete in EMERALD ISLAND RES-PH 02?
Cash buyers took 0% of EMERALD ISLAND RES-PH 02 sales in the 12 months ending June 2024 (0 of 4 closings, Stellar MLS).
Who is the best real estate agent for EMERALD ISLAND RES-PH 02?
The best agent for EMERALD ISLAND RES-PH 02 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 EMERALD ISLAND RES-PH 02.
How do I find a top KISSIMMEE real estate agent who knows EMERALD ISLAND RES-PH 02?
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 EMERALD ISLAND RES-PH 02 and the wider KISSIMMEE area.
Can Momentum Realty connect me with an agent for EMERALD ISLAND RES-PH 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your EMERALD ISLAND RES-PH 02 purchase or sale - no call center and no pressure.
Buyers seeking a second home or vacation property with modest, manageable square footageExcellent fit
Investors underwriting a short-term or long-term rental who will verify current use rules firstExcellent fit
Value-focused buyers willing to compare on condition rather than chase sizeExcellent fit
Buyers wanting a large primary residence with significantly more living spaceProbably not
Anyone counting on a deep pool of owner-occupied neighborsProbably not
Buyers unwilling to confirm HOA and local short-term rental regulations before purchaseProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34747))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-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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CallFree valuation →
Thinking of selling in EMERALD ISLAND RES-PH 02? 1 recorded closings (window ending 2026-08-02). 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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