TERRA VERDE VILLAS PH 02
Homes for Sale in KISSIMMEE, FL

Community in KISSIMMEE · Osceola County · ZIP 34746
324 homesBuilt 2003–2006Median sale $283K
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Live Market Pulse
29/100
Market Heat
Cooler than normal
2013 → 2026 · 91 at the 2022 peak
0 is TERRA VERDE VILLAS PH 02's coldest market since 2013, 100 its hottest. Today: 29. How it's scored
Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · TERRA VERDE VILLAS PH 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$283K
Median sold · 12 mo
down 2.5% vs the prior 12 months
-2.5%
1-yr price change
n = 10 and 13 sales in the two windows
$202/sf
Sold $/sqft · 12 mo
peak $268 in 2023
90.9%
Sale vs ask
Osceola median: 95.9%
Tempo
108days
Median DOM · closed
5 days at the 2022 low
10
Sold · last 12 mo
10-yr average: about 7 a year
Ownership and context
16%
Owner-occupied · TERRA VERDE VILLAS PH 02
52 of 324 parcels homesteaded (FL DOR 2025)
84%
Non-owner-occupied · TERRA VERDE VILLAS PH 02
incl. 20% trust or LLC-held · 56% out-of-state
27%
Cash buyers · TERRA VERDE VILLAS PH 02
3 of 11 sales, 12 mo ending June 2026
324
Homes in the community
324 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 2003
Community established
homes built 2003-2006, median 2004 (FL DOR 2025)
11
Failed listings · 2026
peaked at 99 in 2007
1,461sqft
Median sold home size
12-mo windows, closed sales
3.1%/yr
Turnover rate
about 10 of 324 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Terra Verde Villas Ph 02 is a uniform build — all 142 homes went up in 2004, and the median floor plan runs about 1,320 square feet. When the vintage and footprint are this consistent, price is driven almost entirely by condition and updates rather than by square footage or age. Two units on the same street can trade well apart based on kitchens, baths, flooring, and mechanical age, so pricing here is a condition story more than anything else.

The other number worth sitting with is the homestead share: only about 14% of these homes carry a homestead exemption. That points to a community weighted toward non-owner-occupant use, which matters for pricing posture and for how you position a listing. Sellers should expect buyers to underwrite the property on its own merits — updated turnkey units set the pace, tired ones sit until the price reflects the work they need.

TERRA VERDE VILLAS PH 02 Housing Pulse · Momentum Research · as of August 2, 2026

TERRA VERDE VILLAS PH 02 right now

🟡 Off the recent peak. The trailing-12-month median ($283K) is down 2.5% from the prior 12 months ($290K). With about 7 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 August 2. Confidence: Medium (10 and 13 sales in the two windows).

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

Updated August 2, 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

TERRA VERDE VILLAS PH 02 market snapshot (as of August 2, 2026): the median sale price is about $283K ($202 per sq ft over the trailing 12 months of closed sales), and a median 108 days on market for closed sales. The trailing-12-month median is down 2% from the prior 12 months, computed from record-level Stellar MLS closed sales (10 closings in the current window).

TERRA VERDE VILLAS PH 02 is a community of 324 homes in KISSIMMEE, Osceola County, built between 2003 and 2006 (median 2004), with a median living area of about 1,643 square feet. 16% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

A single-vintage villa community of 142 homes in Kissimmee, built out in 2004 around a compact, consistent floor plan near 1,320 square feet. The low owner-occupancy share shapes how units are used, marketed, and priced.

Best for

  • Buyers seeking a compact, single-story-scale villa near 1,320 square feet with predictable specs
  • Value-minded buyers willing to renovate a dated unit and capture the condition spread
  • Investors who have vetted the HOA leasing and use rules and have financing lined up

Probably not for

  • Buyers who want a range of floor plans or significantly larger living space
  • Buyers set on a primarily owner-occupied community
  • Buyers unwilling to inspect condition closely and budget for updates

Windows contain 0 to 20 sales each (10 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 2005 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K20122014201620182020202220242026
Down 2.5% year over year.
Every sale since 2005 · price vs size
$0$200K$400K2k2k
105 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $95 in 2012 to a $268 peak in 2023; $202 now.
Median days on market · closed sales
05010015020122014201620182020202220242026
5 days at the 2022 low; 108 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
90.9% now vs Osceola 95.9%.
Homes sold per 12-mo window
0102020122014201620182020202220242026
0 to 20 a year; 10 in the current window.
Sellers who gave up · failed listings per year
0501002004200820122016202020242026
Canceled, expired, or withdrawn. 99 quit in 2007; 11 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
91 at the 2022 peak, 29 in the troughs, 29 now. Same score as the hero card, full history.
How much local inventory is already under contract

21% of homes for sale in ZIP 34746 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).

If we were buying in TERRA VERDE VILLAS 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 TERRA VERDE VILLAS PH 02.

Best Buy
Buyers who want a uniform, low-maintenance 2004 villa and are comfortable underwriting on condition.
Biggest Risk
A low owner-occupancy share means use and leasing rules and financing terms need early scrutiny.
Sweet Spot
An updated turnkey villa priced against honest condition comps.
Avoid If
You need varied layouts, more square footage, or a primarily owner-occupied setting.

A condition-driven villa market

With every home sharing a 2004 build year and a similar footprint, the usual pricing levers — age, size, layout variety — are largely off the table. What remains is condition. Roof age, HVAC, kitchens, baths, and flooring do the heavy lifting on value here, and the spread between a renovated unit and a dated one can be wide. Buyers should walk several units before anchoring on a number, and sellers should be honest with themselves about where their villa sits on that curve.

The homestead share near 14% tells you most of these are held as something other than a primary residence. That has practical consequences: any homeowners association rules on leasing and use deserve close reading before you write an offer, and financing and insurance quotes should be lined up early. This is a community to underwrite carefully rather than emotionally.

The location and the amenities are priced into every listing in TERRA VERDE VILLAS PH 02. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
3.6D · Buy Score
Recent Direction5.4/10
Owner Commitment1.6/10
Pricing Power3.9/10

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 (3.6). Basis: Recent Direction -2.5% year-over-year; Owner Commitment 16% owner-occupied; Pricing Power 90.9% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this uniform, the edge is in reading condition accurately and pricing against the right comparables — not against the listing that got greedy. We walk the units, weigh what updates actually add versus what they cost, and set a number that reflects where a specific villa really sits. For sellers, that means fewer days chasing the market down; for buyers, it means knowing when a discount is real and when the work behind it will eat the savings.

TERRA VERDE VILLAS PH 02 in 15 seconds.

Best forBuyers who want a uniform, low-maintenance 2004 villa and are comfortable underwriting on condition.
Biggest advantageConsistent build and footprint make comparables clean and value easy to reason about.
Biggest riskA low owner-occupancy share means use and leasing rules and financing terms need early scrutiny.
Sweet spotAn updated turnkey villa priced against honest condition comps.
Avoid ifYou need varied layouts, more square footage, or a primarily owner-occupied setting.

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 TERRA VERDE VILLAS PH 02 sales matched to your home.

What is your TERRA VERDE VILLAS PH 02 home worth?

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Frequently Asked Questions

What is the median home price in TERRA VERDE VILLAS PH 02?
The median sale price in TERRA VERDE VILLAS PH 02 was $283K over the 12 months ending August 2, 2026 (10 closed sales, Stellar MLS).
How long do homes in TERRA VERDE VILLAS PH 02 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 108 days on market (10 sales, Stellar MLS).
How many homes are in TERRA VERDE VILLAS PH 02?
The Florida DOR 2025 assessment roll shows 324 homes in TERRA VERDE VILLAS PH 02 (public records).
What share of TERRA VERDE VILLAS PH 02 is owner-occupied?
16% of TERRA VERDE VILLAS 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 TERRA VERDE VILLAS PH 02 built?
Homes in TERRA VERDE VILLAS PH 02 were built between 2003 and 2006, with a median year built of 2004 (FL DOR 2025 roll).
Do cash buyers compete in TERRA VERDE VILLAS PH 02?
Cash buyers took 27% of TERRA VERDE VILLAS PH 02 sales in the 12 months ending June 2026 (3 of 11 closings, Stellar MLS).
Who is the best real estate agent for TERRA VERDE VILLAS PH 02?
The best agent for TERRA VERDE VILLAS 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 TERRA VERDE VILLAS PH 02.
How do I find a top KISSIMMEE real estate agent who knows TERRA VERDE VILLAS 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 TERRA VERDE VILLAS PH 02 and the wider KISSIMMEE area.
Can Momentum Realty connect me with an agent for TERRA VERDE VILLAS PH 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your TERRA VERDE VILLAS PH 02 purchase or sale - no call center and no pressure.
Buyers seeking a compact, single-story-scale villa near 1,320 square feet with predictable specsExcellent fit
Value-minded buyers willing to renovate a dated unit and capture the condition spreadExcellent fit
Investors who have vetted the HOA leasing and use rules and have financing lined upExcellent fit
Buyers who want a range of floor plans or significantly larger living spaceProbably not
Buyers set on a primarily owner-occupied communityProbably not
Buyers unwilling to inspect condition closely and budget for updatesProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (8 streets, ZIP 34743/34746/34747/34758))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2005 (105 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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More Kissimmee & Kissimmee, St. Cloud & Osceola County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Kissimmee, St. Cloud & Osceola County or the full Neighborhood Finder.

Thinking of selling in TERRA VERDE VILLAS PH 02? 10 recorded closings; median 108 days on market (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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