David Ramirez
Short-Term Rental Eligible
$185,000$199,0002 bd2 ba1,056 sqft$175 /sqft$1,579 /mo all-in ↓

1602 CUMIN DRIVE UNIT 1602, POINCIANA, FL, 34759

Active107 days on marketListed Apr 17, 2026MLS #O6400227

Priced 14% below the POINCIANA 34759 medianReduced $14KCondominiumTUSCANY PRESERVE PH 03

About this home

1602 CUMIN DRIVE UNIT 1602

Brand-new construction available for sale. This 2-bedroom, 2-bath home features an open-concept floor plan with 10-foot ceilings and tile flooring throughout. The upgraded kitchen includes granite countertops, 42-inch cabinets, modern finishes, and a center island, offering both functionality and style for everyday living and entertaining. The home offers a clean, contemporary design with spacious living areas and abundant natural light. Move-in ready. Pets allowed (subject to approval). Interior Features Central A/C Dishwasher Disposal Microwave Refrigerator Range/Oven Kitchen Island Pantry Tile Flooring Throughout Washer/Dryer Hookup Linen Closet Window Treatments Vaulted / High Ceilings

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,056

Sqft

0.05 ac

Lot size

2024

Year built

One

Levels

$175

Per sqft

Inside

FlooringCeramic Tile
AppliancesDishwasher · Electric Water Heater · Microwave · Range · Refrigerator
InteriorKitchen/Family Room Combo · Other · Primary Bedroom Main Floor · PrimaryBedroom Upstairs · Window Treatments
LaundryLaundry Closet
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofShingle
ConstructionBlock · Brick · Concrete
FoundationBlock · Concrete Perimeter · Other
FacesNortheast
ParkingCommon
ExteriorHurricane Shutters · Other

Community & fees

Taxes (2025)$2,977/yr
PetsCats OK, Dogs OK
CommunityAssociation Recreation - Owned · Buyer Approval Required · Clubhouse · Fitness Center · Playground · Tennis Court(s)

Utilities & systems

UtilitiesCable Available · Other
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$1,579 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,089
FHA mortgage insurance (est.)$82
Property tax — 2025 actual bill$248
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $6,475Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $6,475
Interest rate6.00%
Loan term

Estimated payment

$1,579/mo

Principal & interest$1,089
FHA mortgage insurance (est.)$82
Property taxes (actual bill)$248
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.

List $185K
$161KedgeAI estimate $171,164 · range $168K$177K$192K

vs edgeAI estimate

+8.1%

$/sqft vs TUSCANY PRESERVE PH 03

$175 vs $188

Days on market

107 vs 54 typical

Where $175/sqft sits among the 16 homes for sale in TUSCANY PRESERVE PH 03

3
2
3 · this home
3
0
5
$150–162$162–174$174–186$186–198$198–210$210+

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 Tuscany, 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

Nightly rentalsAllowed
CommunityTuscany
Fine-tuned for this homePrepared free by our team
Get the free rental analysis

Projected nightly rate, occupancy and annual revenue for this exact home.

Long-term rental

$1,850/mo median

MarketPoinciana
Annual gross at median$22,200
Gross yield on this price12.0%
Homes for rent right now48

Live Poinciana rental listing data — this home’s rate depends on size, condition and furnishing.

The New Smyrna Beach short-term market

▼ Softening

38%

Occupancy

▼ 32% yr/yr

$314

Avg nightly rate

▲ 12% yr/yr

$26K/yr

Revenue per listing

$126

RevPAR

70 days

Booking lead time

6 nights

Avg stay

7

Typical min nights

1,651

Active rentals

▲ 5% supply

Seasonality — monthly occupancy

Peaks at 57% in Mar · bottoms at 28% in Sep

35%
50%
57%
45%
35%
32%
47%
35%
28%
30%
31%
29%
JanFebMarAprMayJunJulAugSepOctNovDec

Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in New Smyrna Beach — the projection above is specific to this home’s size.

Where it sits

Inside Lake Marion Village

Map of 1602 CUMIN DRIVE UNIT 1602 inside its neighborhood boundary

Drive times from this address

Walt Disney World51 min
Universal Orlando60 min
Orlando Int’l Airport (MCO)64 min
Downtown Orlando64 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Tuscany is a short-term-rental community. See the full guide →

Lake Marion Village — neighborhood snapshot

Population

11,407

Median age

42

Median income

$49,898

Median home value

$208,705

Avg household

3

Households w/ children

1,676

For the school run

Polk County School District

ElementaryLaurel Elementary School★★★★
MiddleLake Marion Creek Middle School★★★★
HighHaines City Senior High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Poinciana market

Seller’s marketBalanced6.5 months of inventoryBuyer’s market

$300K$282K

Poinciana median sold, yr/yr

98.0%

Sale-to-list ratio (12 mo)

3 of 16

TUSCANY PRESERVE PH 03 have cut their price

Median sold price, Poinciana, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 14% below the POINCIANA 34759 median. See the full Poinciana market guide →

Paper trail

This home's history

CurrentPrice reduced to $185,000 $14K
Apr 17, 2026Listed at $199,000 · 107 days on market since
2024Built · TUSCANY PRESERVE PH 03

Reality check

What actually sold near 1602 CUMIN DRIVE UNIT 1602

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1802 CORIANDER DRIVESold · Aug ’25

$208,000

1802 CORIANDER DRIVE · same community

3 bd · 2 ba · 1,056 sqft · $197/sqft · 0 DOM

1804 CORIANDER DRIVESold · Nov ’25

$200,000

1804 CORIANDER DRIVE · same community

3 bd · 2 ba · 1,056 sqft · $189/sqft · 52 DOM

1736 PACIFIC ROADSold · Nov ’25

$195,000

1736 PACIFIC ROAD · same community

2 bd · 2 ba · 1,055 sqft · $185/sqft · 501 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1602 CUMIN DRIVE UNIT 1602 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1602 CUMIN DRIVE UNIT 1602 — 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.

Goes straight to David’s phone and CRM.

Straight answers

1602 CUMIN DRIVE UNIT 1602 FAQs

What would the monthly payment be for 1602 CUMIN DRIVE UNIT 1602?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,579/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 1602 CUMIN DRIVE UNIT 1602?+

The most recent tax bill on record (2025) was $2,977. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 1602 CUMIN DRIVE UNIT 1602 be rented short-term?+

Yes — this home sits inside Tuscany, 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 1602 CUMIN DRIVE UNIT 1602?+

The listing reports pets: Cats OK, Dogs OK. 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 Poinciana?+

At $185,000, this home is listed about 38% below the Poinciana median of $299,999. The market section on this page shows how the area is trending.

Which schools are assigned to 1602 CUMIN DRIVE UNIT 1602?+

Laurel Elementary School (elementary), Lake Marion Creek Middle School (middle), Haines City Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Under the POINCIANA 34759 market on paper

$185,000 is 14% below the POINCIANA 34759 median of $215,000, and at $175/sqft it sits under the Poinciana average of $181.

02Zoned for nightly rentals

Tuscany 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.

03The price has already moved

Listed at $199,000, now $185,000 — a $14K cut. The full history is in the market section below.

Listing courtesy of FLORIDA ELITE HOMES INC. · Amy Biernacki. MLS #O6400227.

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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