Underwood Estates
Homes for Sale in St. Cloud, FL

Underwood Estates sits in St Cloud, Osceola County, an area shaped more by its immediate street and lot characteristics than by any tracked, community-wide amenity package. Current MLS listings do not identify shared community amenities, so the appeal here comes down to the individual home and its lot.

Stellar MLS sales records identify 12 homes in Underwood Estates that have changed hands since 2017, built between 2016 and 2025 (median 2017), with a median living area of about 4,731 sq ft and a typical 5-bedroom, 3.5-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.

Underwood Estates is too small for its own price trend, so here is the market around it.

In ZIP 34771, 708 homes are on the market and 31% are under contract — a fast-moving corner of St Cloud.

Across Osceola County, 4,423 homes are active and 1,079 pending (20% under contract).

In ZIP 34771 (St Cloud), 2,895 homes closed in the last 12 months at a median of $436K ($211/sq ft), up 0.5% year over year, with a median 45 days on market. Right now 473 active and 208 pending listings put supply at about 3.4 months — a healthy market. See the live ZIP 34771 housing market and the Osceola County market.

ZIP and county figures describe the wider market, not Underwood Estates specifically. Momentum Research analysis of MLS records.

With no community amenities identified from current MLS listings, Underwood Estates reads as a straightforward residential setting rather than an amenity-driven development. Buyers should not assume a clubhouse, pool, or organized common area exists here unless a specific listing calls one out.

That also means valuation work has to happen at the individual property level. Lot size, home condition, updates, and proximity to St Cloud's broader corridor of retail and roadways will carry more weight in pricing a home here than any community-wide feature set.

In a community with thin current MLS data and no documented amenity package, the value of local, on-the-ground research goes up. We pull individual comparables, verify lot and condition details in person, and build a pricing case from the ground up rather than leaning on aggregate stats that Underwood Estates does not yet have.

Listings in this community report association dues of about $69 per month ($828 a year) — the median AssociationFee across 19 MLS records, normalised to a monthly figure; most are billed quarterly. 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, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.