Heritage Key Villas Ph 1 & 2
Homes for Sale in Kissimmee, FL

Community in Kissimmee · Osceola County
155 homesBuilt 2006–2024Median sale $266K
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Live · Heritage Key Villas Ph 1 & 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$266K
Median sold · 12 mo
down 1.4% vs the prior 12 months
-1.4%
1-yr price change
n = 4 and 7 sales in the two windows
$178/sf
Sold $/sqft · 12 mo
peak $178 in 2026
98.8%
Sale vs ask
Osceola median: 95.9%
Tempo
32days
Median DOM · closed
32 days at the 2026 low
4
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
16%
Owner-occupied · Heritage Key Villas Ph 1 & 2
24 of 155 parcels homesteaded (FL DOR 2025)
84%
Non-owner-occupied · Heritage Key Villas Ph 1 & 2
incl. 50% trust or LLC-held · 61% out-of-state
0%
Cash buyers · Heritage Key Villas Ph 1 & 2
0 of 4 sales, 12 mo ending June 2026
155
Homes in the community
155 residential parcels (FL DOR 2025)
Track record · 17 years of records
Est. 2006
Community established
homes built 2006-2024, median 2007 (FL DOR 2025)
1
Failed listings · 2026
peaked at 49 in 2010
1,460sqft
Median sold home size
12-mo windows, closed sales
2.6%/yr
Turnover rate
about 4 of 155 homes trade a year
Built fromLive Stellar MLS data17 years of closingsFL DOR public recordsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is anchored by a compact villa product built over a long stretch, from 2006 through 2024, with a median build year of 2007. The median sits at $266,200, or about $178 per square foot on a typical 1,537-square-foot home. What moves an individual price is condition and vintage more than location: newer construction and updated interiors sit at the top of the spread, while original 2006-era units trade lower.

The market posture is balanced and steady. A median 31.5 days on market means well-priced homes move in about a month, not overnight and not stalled. Year-over-year values are essentially flat, off 1.4 percent, so sellers should price to the comps rather than reach, and buyers have room to negotiate on condition without racing the clock.

Heritage Key Villas Ph 1 & 2 Housing Pulse · Momentum Research · as of July 15, 2026

Heritage Key Villas Ph 1 & 2 right now

🟡 Off the recent peak. The trailing-12-month median ($266K) is down 1.4% from the prior 12 months ($270K). With about 1 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Low (4 and 7 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Heritage Key Villas Ph 1 & 2 Housing Pulse · Momentum Research · as of July 15, 2026

Heritage Key Villas Ph 1 & 2 right now

🟡 Off the recent peak. The trailing-12-month median ($266K) is down 1.4% from the prior 12 months ($270K). With about 1 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Low (4 and 7 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Heritage Key Villas Ph 1 & 2 market snapshot (as of July 15, 2026): the median sale price is about $266K ($178 per sq ft over the trailing 12 months of closed sales), and a median 32 days on market for closed sales. The trailing-12-month median is down 1% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

Heritage Key Villas Ph 1 & 2 is a community of 155 homes in Kissimmee, Osceola County, built between 2006 and 2024 (median 2007), with a median living area of about 1,537 square feet. 16% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Heritage Key Villas is a 155-home villa community in Kissimmee, Osceola County, built in phases across nearly two decades. With a homestead share around 15.5 percent, most units here are held as second homes or rentals rather than owner-occupied — a defining trait for anyone weighing how they'll use the property.

Best for

  • Buyers seeking a compact, low-maintenance villa around the mid-$260s who value efficient square footage
  • Investors or seasonal owners comfortable with a rental-heavy community, subject to current HOA rules
  • Value-focused buyers willing to trade a 2006-era unit's price for post-purchase updates

Probably not for

  • Buyers who need a large single-family footprint rather than roughly 1,537 square feet
  • Those wanting a predominantly owner-occupied community with a high homestead share
  • Buyers expecting rapid appreciation, given the flat year-over-year trend

Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($266K) IS the median in the snapshot above, and the move from 2025 ($270K) IS the -1.4% one-year change.

Windows contain 0 to 7 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 4 in the current window.
Sellers who gave up · failed listings per year
020402008201020122026
Canceled, expired, or withdrawn. 49 quit in 2010; 1 so far in 2026. The clearest stress gauge a community has.

If we were buying in Heritage Key Villas Ph 1 & 2 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 Heritage Key Villas Ph 1 & 2.

Best Buy
Buyers wanting a low-maintenance villa near the median in a steady Kissimmee market.
Biggest Risk
A wide vintage spread (2006 to 2024) means condition varies sharply unit to unit.
Sweet Spot
A well-maintained or updated villa priced near the $266,200 median.
Avoid If
You want an owner-occupied enclave — the homestead share here is low.

A villa community with a low owner-occupied share

The building window tells the story: units from 2006 sit alongside construction as recent as 2024, so two homes at the same price can differ sharply in finish and mechanicals. That vintage spread is where the real diligence lives. Walk the specific unit, not the community average — the median year built of 2007 means a large slice of the inventory is approaching the age where roofs, HVAC, and systems matter to your offer.

At roughly 1,537 square feet median, this is efficient, low-maintenance space rather than sprawl. The low homestead share signals a community shaped by investors and seasonal owners, which affects HOA dynamics, rental competition, and resale pacing. It is worth confirming current rental rules and HOA financials before you commit.

The location and the amenities are priced into every listing in Heritage Key Villas Ph 1 & 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.5C · Buy Score
Recent Direction5.7/10
Owner Commitment1.6/10
Pricing Power9.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.5). Basis: Recent Direction -1.4% year-over-year; Owner Commitment 16% owner-occupied; Pricing Power 98.8% sale-to-list. Refreshed with each data update.

Why work with Momentum here

With only a handful of recent closings to read from, pricing this villa correctly takes local reading, not a formula. We sort the newer builds from the 2006-era units, pull the right comps for the specific vintage and condition in front of you, and tell you plainly when a listing is priced past what the flat year-over-year trend supports.

Heritage Key Villas Ph 1 & 2 in 15 seconds.

Best forBuyers wanting a low-maintenance villa near the median in a steady Kissimmee market.
Biggest advantageBalanced timing — about 31.5 days on market and flat pricing give buyers negotiating room.
Biggest riskA wide vintage spread (2006 to 2024) means condition varies sharply unit to unit.
Sweet spotA well-maintained or updated villa priced near the $266,200 median.
Avoid ifYou want an owner-occupied enclave — the homestead share here is low.

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 Heritage Key Villas Ph 1 & 2 sales matched to your home.

What is your Heritage Key Villas Ph 1 & 2 home worth?

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Frequently Asked Questions

What is the median home price in Heritage Key Villas Ph 1 & 2?
The median sale price in Heritage Key Villas Ph 1 & 2 was $266K over the 12 months ending July 15, 2026 (4 closed sales, Stellar MLS).
How long do homes in Heritage Key Villas Ph 1 & 2 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 32 days on market (4 sales, Stellar MLS).
How many homes are in Heritage Key Villas Ph 1 & 2?
The Florida DOR 2025 assessment roll shows 155 homes in Heritage Key Villas Ph 1 & 2 (public records).
What share of Heritage Key Villas Ph 1 & 2 is owner-occupied?
16% of Heritage Key Villas Ph 1 & 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Heritage Key Villas Ph 1 & 2 built?
Homes in Heritage Key Villas Ph 1 & 2 were built between 2006 and 2024, with a median year built of 2007 (FL DOR 2025 roll).
Do cash buyers compete in Heritage Key Villas Ph 1 & 2?
Cash buyers took 0% of Heritage Key Villas Ph 1 & 2 sales in the 12 months ending June 2026 (0 of 4 closings, Stellar MLS).
Who is the best real estate agent for Heritage Key Villas Ph 1 & 2?
The best agent for Heritage Key Villas Ph 1 & 2 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 Heritage Key Villas Ph 1 & 2.
How do I find a top Kissimmee real estate agent who knows Heritage Key Villas Ph 1 & 2?
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 Heritage Key Villas Ph 1 & 2 and the wider Kissimmee area.
Can Momentum Realty connect me with an agent for Heritage Key Villas Ph 1 & 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Heritage Key Villas Ph 1 & 2 purchase or sale - no call center and no pressure.
Buyers seeking a compact, low-maintenance villa around the mid-$260s who value efficient square footageExcellent fit
Investors or seasonal owners comfortable with a rental-heavy community, subject to current HOA rulesExcellent fit
Value-focused buyers willing to trade a 2006-era unit's price for post-purchase updatesExcellent fit
Buyers who need a large single-family footprint rather than roughly 1,537 square feetProbably not
Those wanting a predominantly owner-occupied community with a high homestead shareProbably not
Buyers expecting rapid appreciation, given the flat year-over-year trendProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (7 streets, ZIP 34744))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2009 (14 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.

Windows contain 0 to 7 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 4 in the current window.
Sellers who gave up · failed listings per year
020402008201020122026
Canceled, expired, or withdrawn. 49 quit in 2010; 1 so far in 2026. The clearest stress gauge a community has.

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (7 streets, ZIP 34744))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2009 (14 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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