4221 PARAGRAPH DRIVE, KISSIMMEE, FL, 34746
Active217 days on marketListed Jan 2, 2026MLS #O6370464
About this home
4221 PARAGRAPH DRIVE
Welcome to this exceptional waterfront vacation home located in the heart of Storey Lake Resort at 4221 Paragraph Drive. Offering 8 bedrooms and 5 full bathrooms, this spacious and thoughtfully designed home is perfectly suited for large families, multi generational stays, or investors seeking a strong short term rental opportunity in one of Central Florida’s most in demand resort communities. The first floor welcomes you with an inviting foyer and an open concept layout designed for both comfort and entertaining. The gourmet kitchen features a large breakfast bar, ample cabinetry, and a generous pantry, all opening seamlessly to the dining area and great room. Sliding glass doors lead to a covered patio and screened in private pool and spa overlooking a peaceful water view, creating a true indoor outdoor living experience. The main level also includes a primary bedroom with an en suite bathroom, additional guest bedroom and full bath, and a large game room ideal for hosting and relaxing. Upstairs, a spacious loft media area provides additional gathering space, along with a conveniently located laundry area. The second level features the remaining bedrooms and bathrooms, offering plenty of room and privacy for guests. The layout is well balanced, functional, and designed to accommodate large groups comfortably. Storey Lake Resort is known for its outstanding amenities, including a resort style clubhouse, fitness center, water park with slides and lazy river, sports courts, playgrounds, and more. Located just minutes from Walt Disney World, Universal Studios, SeaWorld, shopping, dining, and entertainment, this home delivers both lifestyle and location. Whether you are looking for a turn key vacation home or a high performing investment, this Storey Lake property offers space, setting, and resort living at its best.
Facts & features
The home at a glance
8
Bedrooms
5
Bathrooms
4,289
Sqft
0.13 ac
Lot size
2021
Year built
Two
Levels
$217
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$7,014 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$7,014/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+8.5%
$/sqft vs STOREY LAKE
$217 vs $235
Days on market
217 vs 52 typical
Where $217/sqft sits among the 18 homes for sale in STOREY LAKE
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The investor lens
Two ways this home pays
This home sits inside Storey Lake, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,100/mo median
Live Kissimmee rental listing data — this home’s rate depends on size, condition and furnishing.
The Kissimmee short-term market
▼ Softening50%
Occupancy
▼ 32% yr/yr
$296
Avg nightly rate
▲ 15% yr/yr
$35K/yr
Revenue per listing
$148
RevPAR
63 days
Booking lead time
5.5 nights
Avg stay
3
Typical min nights
10,047
Active rentals
▲ 12% supply
Seasonality — monthly occupancy
Peaks at 58% in Feb · bottoms at 38% in Jun
Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Kissimmee — the projection above is specific to this home’s size.
Where it sits
Inside Storey Lake
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Storey Lake is a short-term-rental community. See the full guide →
KISSIMMEE 34746 — neighborhood snapshot
Population
57,181
Median age
37.6
Median income
$67,677
Median home value
$328,500
Avg household
3.13
Households w/ children
5,929
For the school run
Osceola County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Kissimmee market
$365K → $350K
Kissimmee median sold, yr/yr
97.3%
Sale-to-list ratio (12 mo)
8 of 18
STOREY LAKE have cut their price
Median sold price, Kissimmee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 166% above the KISSIMMEE 34746 median. See the full Kissimmee market guide →
Paper trail
This home's history
Reality check
What actually sold near 4221 PARAGRAPH DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$920,500
2832 SIMILE STREET · same community
9 bd · 5 ba · 4,289 sqft · $215/sqft · 74 DOM
Sold · Mar ’26$590,000
4622 FAIRY TALE CIRCLE · same community
5 bd · 3.5 ba · 3,863 sqft · $153/sqft · 12 DOM
Sold · May ’26$664,000
4585 TARGET BOULEVARD · same community
6 bd · 6 ba · 3,760 sqft · $177/sqft · 193 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 4221 PARAGRAPH DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4221 PARAGRAPH DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
4221 PARAGRAPH DRIVE FAQs
What would the monthly payment be for 4221 PARAGRAPH DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,014/mo — principal and interest, the actual property-tax bill, the $564/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 4221 PARAGRAPH DRIVE?+
The association fee works out to $564 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 4221 PARAGRAPH DRIVE?+
The most recent tax bill on record (2025) was $11,150. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 4221 PARAGRAPH DRIVE be rented short-term?+
Yes — this home sits inside Storey Lake, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 4221 PARAGRAPH DRIVE?+
The listing reports pets: Breed Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Kissimmee?+
At $929,000, this home is listed about 145% above the Kissimmee median of $379,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4221 PARAGRAPH DRIVE?+
Kissimmee Middle School (middle), Flora Ridge Elementary School (elementary), Celebration High School (high) — Osceola County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$929,000 runs 166% above the KISSIMMEE 34746 median — but at 4,289 sqft it's also nearly twice the size of the typical Kissimmee listing.
02Zoned for nightly rentals
Storey Lake is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
04Know the monthly fee
The association fee is $564/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
05Time on market is leverage
217 days on market against a Kissimmee median of 52 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of KRESSLER REAL ESTATE · Andre Kressler. MLS #O6370464.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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