Oak Island Harbor Formosa Gardens
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 2 closed sales in Oak Island Harbor Formosa Gdns in Kissimmee, FL since 2012, the most recent in November 2013. 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).
This is a resale market of larger single-family homes built out mostly in the 1990s and 2000s, with a typical home running around 2,350 square feet. That size point matters — these are not starter cottages, and buyers here are usually trading up in space rather than trading down in price.
The homestead share sits at roughly 32%, meaning the majority of owners here are not claiming the property as a primary residence exemption. In an Osceola County market this close to the tourism corridor, that split usually points to a meaningful share of investment or secondary-use ownership, which shapes how homes are priced, maintained, and turned over compared to a purely owner-occupied subdivision.
Nearby homes for sale
No active listings inside Oak Island Harbor Formosa Gdns 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
Oak Island Harbor Formosa Gardens is a Kissimmee community of 116 homes built between 1992 and 2013, with a median build year of 1997 and a typical home size just over 2,350 square feet — no community amenities are noted in current MLS listings, so any pool or clubhouse draw is not part of the sales story here.
Stellar MLS sales records identify 16 homes in Oak Island Harbor Formosa Gardens that have changed hands since 2011, built between 1993 and 2013 (median 1997), with a median living area of about 2,067 sq ft and a typical 4-bedroom, 2.5-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 Oak Island Harbor Formosa Gardens is best for.
Best for
- Buyers prioritizing square footage and lot presence over community amenities.
- Buyers comfortable evaluating each home individually given a mixed owner-occupied and investment ownership base.
- Buyers targeting an established, built-out neighborhood rather than new construction.
Probably not for
- Buyers who want a clubhouse, pool, or other shared amenity as part of the purchase.
- Buyers seeking the newest available construction in the immediate area.
- Buyers who want a community where nearly all ownership is owner-occupied by default.
The market around Oak Island Harbor Formosa Gardens
Oak Island Harbor Formosa Gardens 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 Oak Island Harbor Formosa Gardens specifically. Momentum Research analysis of MLS records.
Oak Island Harbor Formosa Gardens by the numbers
From county property records and closed MLS sales for the Oak Island Harbor Formosa Gardens subdivision: 12 homes on record; built 1993–2013; typical size about 2,047 heated sq ft; 4 bedrooms is the median. Housing mix: single-family 100%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2011 | 1 | $200,000 |
| 2012 | 5 | $188,500 |
| 2013 | 1 | $180,000 |
| 2014 | 4 | $247,500 |
| 2022 | 1 | $510,000 |
Newest recorded sale: $510,000 on 2022-08-22.
Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.
The Oak Island Harbor Formosa Gardens buying strategy.
If we were buying in Oak Island Harbor Formosa Gardens 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 Oak Island Harbor Formosa Gardens.
A space-driven, ownership-mixed resale market
With no HOA amenities showing up in current listings, whatever pulls a buyer to this community is going to be the house itself — lot, layout, square footage — not a gate, pool, or clubhouse. At a median of roughly 2,350 square feet, these are generally larger-format homes for the area, which tends to draw buyers looking for room to spread out rather than buyers chasing the smallest available footprint.
The homestead share of about 32% is the number worth sitting with. It suggests a large slice of ownership here is non-primary-residence — likely investment, seasonal, or rental use given the Kissimmee/Osceola location near the theme-park corridor. That ownership mix can mean more variability in how individual homes are maintained and marketed, so condition-by-condition comparison matters more here than in a community where nearly everyone lives in the house full time.
The location and the amenities are priced into every listing in Oak Island Harbor Formosa Gardens. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with a mixed ownership base and no amenity package to standardize expectations, pricing and condition vary house to house more than the raw stats suggest. We walk each listing on its own terms — age of major systems, how the square footage is laid out, and whether the seller's use of the home (owner-occupied versus investment) is visible in its upkeep — before we talk numbers.
Oak Island Harbor Formosa Gardens in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Oak Island Harbor Formosa Gardens 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 Oak Island Harbor Formosa Gardens sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Oak Island Harbor Formosa Gardens, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Oak Island Harbor Formosa Gardens home worth?
Get a no-obligation home value based on real comparable sales in Oak Island Harbor Formosa Gardens, 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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Should you buy in Oak Island Harbor Formosa Gardens?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2012 (2 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?
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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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Common questions about Oak Island Harbor Formosa Gardens
Where is Oak Island Harbor Formosa Gardens?
Oak Island Harbor Formosa Gardens is a community in Kissimmee, Osceola County, Florida, ZIP 34747.
How many homes are in Oak Island Harbor Formosa Gardens?
County property records list 12 homes in Oak Island Harbor Formosa Gardens, built between 1993 and 2013; the typical home is about 2,047 heated square feet.
What do homes in Oak Island Harbor Formosa Gardens sell for?
Oak Island Harbor Formosa Gardens has no MLS sales in the last 12 months. The most recent year with recorded sales on file is 2022 (1 sale, median $510,000). For context, ZIP 34747 has 1258 homes on the market with 12% under contract.
Are there homes for sale in Oak Island Harbor Formosa Gardens right now?
No active listings inside Oak Island Harbor Formosa Gardens at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Oak Island Harbor Formosa Gardens have an HOA or CDD?
No HOA is on record for Oak Island Harbor Formosa Gardens 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.
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