The Terraces At Storey Lake Condo 1 Ph 1
Homes for Sale in Kissimmee, FL

Community in Kissimmee · Osceola County
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Built fromLive Stellar MLS data1 years of closingsUpdated twice daily
Live · The Terraces At Storey Lake Condo 1 Ph 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Track record · 1 years of records
2
Failed listings · 2026
peaked at 3 in 2025
Jon Brooks, founder of Momentum Realty
Jon's Current Read

There is not enough active listing data in the current MLS feed to establish a price trend, days-on-market pattern, or inventory count for The Terraces At Storey Lake Condo 1 Ph 1. That is the honest starting point: any pricing conversation here has to be built listing-by-listing, using recent comparable closings and the condo association's own documents rather than a market-wide statistic.

What is known is the product type — this is a condo phase within the larger Storey Lake development in Kissimmee, Osceola County. For a buyer or seller, that means the real diligence work is in the condo declaration, association budget, and any rental restrictions, since those documents, not a market snapshot, will drive both value and usability of the unit.

Best for

  • Buyers comfortable making a decision based on condo documents and direct comparable sales rather than a published market trend
  • Buyers specifically targeting a condo product within the Storey Lake area of Kissimmee
  • Sellers who can supply full HOA/condo association documentation to support a listing price

Probably not for

  • Buyers who want to see an established price trend or days-on-market pattern before committing
  • Buyers assuming resort-style amenities are included without confirming them in the condo declaration
  • Investors needing verified rental data before underwriting a purchase

The market around The Terraces At Storey Lake Condo 1 Ph 1

The Terraces At Storey Lake Condo 1 Ph 1 is a small community — 6 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

Across Osceola County, 4,370 homes are active and 1,137 pending (21% under contract).

Homes here are condominium.

ZIP and county figures describe the wider market, not The Terraces At Storey Lake Condo 1 Ph 1 specifically. Momentum Research analysis of MLS records.

If we were buying in The Terraces At Storey Lake Condo 1 Ph 1 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 The Terraces At Storey Lake Condo 1 Ph 1.

Best Buy
A buyer or seller who wants a straightforward condo transaction and is willing to do document-level diligence rather than lean on broad market stats.
Biggest Risk
Without current listing data on price or inventory, valuation for this specific phase has to be built from scratch on a per-transaction basis.
Sweet Spot
Works best for a purchase or sale where the buyer/seller is comfortable ordering the condo docs early and pricing off direct comparables.
Avoid If
Avoid if you need a data-backed market trend before making an offer — that market picture is not yet available for this phase.

A Condo Phase Without a Public Market Picture Yet

Because no amenity details surface in current MLS listings for this phase, buyers should treat the condo declaration and association disclosures as the primary source of truth — not marketing language attached to the broader Storey Lake name. Confirm what is actually deeded to the unit, what is common element, and what the association fee covers before assuming a pool, clubhouse, or other feature applies to this specific phase.

The same caution applies to pricing. With no median, days-on-market, or inventory figures available from the current snapshot, a fair-value opinion here has to come from a direct comparable pull — recent closed sales of similar units in this phase or adjacent phases — rather than from a community-wide statistic that does not yet exist in the data.

The location and the amenities are priced into every listing in The Terraces At Storey Lake Condo 1 Ph 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community's MLS footprint is this thin, the value we add is procedural: pulling the condo docs, verifying what amenities and restrictions actually attach to this phase, and building a comparable-sales case instead of relying on a market summary that the data does not yet support.

The Terraces At Storey Lake Condo 1 Ph 1 in 15 seconds.

Best forA buyer or seller who wants a straightforward condo transaction and is willing to do document-level diligence rather than lean on broad market stats.
Biggest advantageThe condo format in a larger Kissimmee development can simplify exterior maintenance responsibilities compared to a single-family home.
Biggest riskWithout current listing data on price or inventory, valuation for this specific phase has to be built from scratch on a per-transaction basis.
Sweet spotWorks best for a purchase or sale where the buyer/seller is comfortable ordering the condo docs early and pricing off direct comparables.
Avoid ifAvoid if you need a data-backed market trend before making an offer — that market picture is not yet available for this phase.

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 The Terraces At Storey Lake Condo 1 Ph 1 sales matched to your home.

What is your The Terraces At Storey Lake Condo 1 Ph 1 home worth?

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Real comps, not an automated estimate.
Buyers comfortable making a decision based on condo documents and direct comparable sales rather than a published market trendExcellent fit
Buyers specifically targeting a condo product within the Storey Lake area of KissimmeeExcellent fit
Sellers who can supply full HOA/condo association documentation to support a listing priceExcellent fit
Buyers who want to see an established price trend or days-on-market pattern before committingProbably not
Buyers assuming resort-style amenities are included without confirming them in the condo declarationProbably not
Investors needing verified rental data before underwriting a purchaseProbably not

Data sources & freshness

Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2025 (1 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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