Formosa Gardens Estates
Homes for Sale in Kissimmee, FL
All 2,933 homes for sale in Kissimmee, FL · median $373,400 · 617 homes for sale in 34747 · Osceola County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 6 closed sales in Formosa Gardens Estates in Kissimmee, FL since 2016, the most recent in November 2025. Across Kissimmee as a whole, 2,431 homes closed in the last 12 months at a median of $387,990, 62 median days on market, with 1,223 homes for sale today. At that median and Osceola County's FY2025-26 rate of 15.23 mills, annual property tax runs about $5,910 ($5,310 with the full homestead exemption).
Part of the Formosa Gardens master-planned community in Kissimmee, FL — see all Formosa Gardens homes for sale (6 listings across 4 villages and sections in the MLS).

Formosa Gardens Estates prices off square footage and condition more than anything else. With a median living area around 3,586 square feet and a build era centered on 2003, these are large-format houses, and the spread between a dated original-owner interior and a fully updated one shows up directly in the number a seller can ask.
The homestead share here sits at roughly 23%, well below what you would expect in a primarily owner-occupied community. That tells you a meaningful share of this inventory is held as non-primary-residence property. Buyers should treat that as a market signal: pricing discipline and turnover here often track investment logic and rental-use economics as much as owner-occupant demand, and sellers should expect their comps to include both.
Nearby homes for sale
No active listings inside Formosa Gardens Estates right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Formosa Gardens Estates is a Kissimmee community of large single-family homes built mostly in the 2000s, with a size profile geared toward multi-bedroom, high-square-footage living rather than compact or entry-level product.
Stellar MLS sales records identify 12 homes in Formosa Gardens Estates that have changed hands since 2005, built between 1999 and 2003 (median 2003), with a median living area of about 2,677 sq ft and a typical 6-bedroom, 4-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Formosa Gardens Estates is best for.
Best for
- A buyer prioritizing maximum square footage for the budget, comfortable with a 2000s-era build
- An investor evaluating Kissimmee-area property where non-primary-residence ownership is already common
- A buyer willing to verify HOA terms, amenities, and rental rules directly rather than assume a bundled package
Probably not for
- A buyer who wants confirmed on-site community amenities as a baseline, since none are currently identified from MLS listings
- A buyer seeking a compact or lower-maintenance footprint rather than a large-format home
- A buyer who wants a market with a high concentration of primary-residence ownership
The market around Formosa Gardens Estates
Formosa Gardens Estates is too small for its own price trend, so here is the market around it.
In ZIP 34747, 1,258 homes are on the market and 12% are under contract — a slower corner of Kissimmee.
Across Osceola County, 4,423 homes are active and 1,079 pending (20% under contract).
In ZIP 34747 (Kissimmee), 2,598 homes closed in the last 12 months at a median of $458K ($220/sq ft), down 3.9% year over year, with a median 74 days on market. Right now 552 active and 96 pending listings put supply at about 7.3 months — a buyer's market. See the live ZIP 34747 housing market and the Osceola County market.
ZIP and county figures describe the wider market, not Formosa Gardens Estates specifically. Momentum Research analysis of MLS records.
The Formosa Gardens Estates buying strategy.
If we were buying in Formosa Gardens Estates 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 Formosa Gardens Estates.
Big Houses, Mixed-Use Ownership
The defining physical trait of this community is scale: a median of roughly 3,586 square feet puts the typical home here well above a standard single-family footprint, and the 1999-2013 build window means most of the stock is old enough to need updating decisions but not so old as to require full systems replacement across the board.
The ownership picture is the other half of the story. A homestead share near 23% means the majority of homes in Formosa Gardens Estates are not claimed as a primary residence, which is typical of communities positioned for extended-stay or investment use in this part of Osceola County. No community amenities are currently identified from MLS listing data, so anyone evaluating a purchase here should verify amenity access, HOA structure, and any rental restrictions directly rather than assuming a resort-style package is included.
The location and the amenities are priced into every listing in Formosa Gardens Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A community with this much size variance and a low homestead share needs pricing built from actual comparable condition and use, not a blended neighborhood average. We pull the Formosa Gardens Estates comps that match your specific home and intended use, whether that is owner-occupancy or investment, so you are not pricing against a mismatched pool.
Formosa Gardens Estates in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $100/month (about $1,200/yr) · median of 3 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $100 per month ($1,200 a year) — the median AssociationFee across 3 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 Formosa Gardens Estates 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 Formosa Gardens Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Formosa Gardens Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Formosa Gardens Estates home worth?
Get a no-obligation home value based on real comparable sales in Formosa Gardens Estates, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Kissimmee →
Should you buy in Formosa Gardens Estates?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 14, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2016 (6 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 local comps.
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See how Formosa Gardens Estates fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Formosa Gardens Estates
Where is Formosa Gardens Estates?
Formosa Gardens Estates is a community in Kissimmee, Osceola County, Florida, ZIP 34747.
Are there homes for sale in Formosa Gardens Estates right now?
No active listings inside Formosa Gardens Estates at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Formosa Gardens Estates have an HOA or CDD?
No HOA is on record for Formosa Gardens Estates in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
Nearby Communities
Explore more neighborhoods near Formosa Gardens Estates with Momentum Realty’s local guides.
Formosa Gardens Estates Market Scorecard
Formosa Gardens Estates is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 34747 ZIP is $400,438, about 3.4% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.






