3120 PARADOX CIRCLE UNIT 205, KISSIMMEE, FL, 34746
Active81 days on marketListed May 22, 2026MLS #O6410330
About this home
3120 PARADOX CIRCLE UNIT 205
Welcome to The Terraces at Storey Lake — where resort living meets real returns. This beautifully appointed 2-bedroom, 2-bathroom condo at 3120 Paradox Circle #205 sits inside one of Central Florida's most sought-after short-term rental communities, and it's ready to work for you from day one. Located in the heart of Storey Lake Resort in Kissimmee — just minutes from Walt Disney World®, Universal Orlando, Disney Springs™, EPCOT®, and the Vineland Premium Outlets — this second-floor unit offers the ideal combination of a personal vacation escape and a high-demand income-producing asset. With no association approval required, getting your rental income started is seamless. Built in 2019, this modern condo features an open-concept living and dining layout, a sleek kitchen with quartz countertops and stainless steel appliances, in-unit washer and dryer, and a private balcony — the perfect spot to unwind after a day at the parks. Each bedroom offers privacy and comfort for guests, maximizing your rental appeal and review scores. The HOA covers cable TV, internet, water, sewer, trash, pest control, maintenance, and 24-hour gated security — keeping your operating costs predictable and your guests worry-free. And then there's the resort. Storey Lake's Hideaway and Bronson Clubhouses deliver a true five-star vacation experience: dual resort-style pools, a lazy river, waterslides, splash pad, Tiki Bar, mini-golf, fitness centers, a movie theater, game rooms, canoe and kayak rentals, scenic jogging trails, and a complimentary daily shuttle — all within the gates. With Central Florida welcoming 75+ million visitors annually and demand for quality resort accommodations peaking virtually year-round, this is the kind of asset that generates income even while you enjoy it yourself. STR-friendly zoning. No approval required. Turnkey potential. Florida's no state income tax. The numbers simply make sense. Whether you're expanding a rental portfolio or buying your family's annual theme park home base — this is the one. ?? Gated & secured | ? Short-term rentals allowed | ?? Full resort amenities | ?? Minutes to all major parks | ?? Cable & internet included in HOA Schedule your private showing today.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,126
Sqft
0.03 ac
Lot size
2019
Year built
One
Levels
$310
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.
$3,036 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,036/mo
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.
vs edgeAI estimate
+24.6%
$/sqft vs Kissimmee actives
$310 vs $209
Days on market
81 vs 55 typical
Where $310/sqft sits among the 400 Kissimmee actives
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.
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)
184 of 400
Kissimmee actives have cut their price
Median sold price, Kissimmee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1% above the KISSIMMEE 34746 median. See the full Kissimmee market guide →
Paper trail
This home's history
Reality check
What actually sold near 3120 PARADOX CIRCLE UNIT 205
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$280,000
3120 PARADOX CIRCLE UNIT 202 · same community
2 bd · 2 ba · 1,186 sqft · $236/sqft · 30 DOM
Sold · Jul ’26$345,000
3120 PARADOX CIRCLE UNIT 308 · same community
3 bd · 2 ba · 1,329 sqft · $260/sqft · 21 DOM
Sold · Feb ’26$180,000
1019 BASEBALL AND BOARDWALK COURT UNIT 1019
2 bd · 2 ba · 1,052 sqft · $171/sqft · 8 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 3120 PARADOX CIRCLE UNIT 205 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3120 PARADOX CIRCLE UNIT 205 — 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
3120 PARADOX CIRCLE UNIT 205 FAQs
What would the monthly payment be for 3120 PARADOX CIRCLE UNIT 205?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,036/mo — principal and interest, the actual property-tax bill, the $214/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 3120 PARADOX CIRCLE UNIT 205?+
The association fee works out to $214 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 3120 PARADOX CIRCLE UNIT 205?+
The most recent tax bill on record (2025) was $5,434. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 3120 PARADOX CIRCLE UNIT 205 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 3120 PARADOX CIRCLE UNIT 205?+
The listing reports pets: Yes. 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 $349,000, this home is listed about 8% below the Kissimmee median of $379,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3120 PARADOX CIRCLE UNIT 205?+
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.
Keep looking
Similar homes nearby
Listing courtesy of UNITED REALTY GROUP INC · Arturo Delfierro Pa. MLS #O6410330.
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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