
8407 BLUE LAGOON DRIVE, KISSIMMEE, FL, 34747
Active19 days on marketListed Jul 18, 2026MLS #O6418125
About this home
8407 BLUE LAGOON DRIVE
This three-bedroom, two-and-a-half-bath townhouse sits within Emerald Island Resort, a guard-gated community, offering 24-hour security, resort-style amenities, and ideal accessibility to shopping, dining, and entertainment. Tile flooring throughout the main living area provides durability and low-maintenance surfaces. The outdoor living space is built into the home's design with a primary suite balcony providing a private retreat and a covered lanai extending the living area, offering a flexible space for relaxation or entertaining. The secure community setting delivers peace of mind with controlled access and 24-hour monitoring along with plenty of recreation activities including a clubhouse, fitness center, sauna, cybercafé, multiple pools, tiki bar, playground, mini golf, 11 miles of nature trails, and tennis/pickleball, basketball, and beach volleyball courts. The location delivers genuine convenience to major attractions and daily destinations. Island H2O Water Park is close by, while Disney's Animal Kingdom and Celebration Golf Club sit just minutes away. Sunset Walk Shopping and Formosa Gardens Village offer retail access nearby, with proximity to Disney, Target, Publix, Walmart, Aldi, and numerous dining and shopping centers rounding out this bustling area. Whether you want to explore Central Florida or Tampa, convenient access to SR-429 and I-4 ensure daily adventures are a breeze. This townhouse positions you near both entertainment and practical services, making daily life and weekend activities effortless. The property presents opportunity for buyers ready to personalize and update. Schedule your private showing today to explore this property and all that this area has to offer.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
1,291
Sqft
0.03 ac
Lot size
2003
Year built
Two
Levels
$163
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.
$2,085 /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
$2,085/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
−11.2%
$/sqft vs EMERALD ISLAND RESORT PH 2
$163 vs $194
Days on market
19 vs 53 typical
Where $163/sqft sits among the 11 homes for sale in EMERALD ISLAND RESORT PH 2
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 Emerald Island, 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 Emerald Island
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Emerald Island is a short-term-rental community. See the full guide →
Emerald Island — neighborhood snapshot
Population
404
Median age
43
Median income
$76,205
Median home value
$469,300
Avg household
2
Households w/ children
24%
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 11
EMERALD ISLAND RESORT PH 2 have cut their price
Median sold price, Kissimmee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 47% below the KISSIMMEE 34747 median. See the full Kissimmee market guide →
Paper trail
This home's history
Reality check
What actually sold near 8407 BLUE LAGOON DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$250,000
8443 CRYSTAL COVE LOOP · same community
3 bd · 2.5 ba · 1,291 sqft · $194/sqft · 151 DOM
Sold · Jun ’26$245,000
8569 CRYSTAL COVE LOOP · same community
3 bd · 2.5 ba · 1,291 sqft · $190/sqft · 5 DOM
Sold · Apr ’26$210,000
8431 CRYSTAL COVE LOOP · same community
3 bd · 2.5 ba · 1,291 sqft · $163/sqft · 92 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 8407 BLUE LAGOON DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8407 BLUE LAGOON 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
8407 BLUE LAGOON DRIVE FAQs
What would the monthly payment be for 8407 BLUE LAGOON DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,085/mo — principal and interest, the actual property-tax bill, the $305/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 8407 BLUE LAGOON DRIVE?+
The association fee works out to $305 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 8407 BLUE LAGOON DRIVE?+
The most recent tax bill on record (2025) was $3,491. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 8407 BLUE LAGOON DRIVE be rented short-term?+
Yes — this home sits inside Emerald Island, 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 8407 BLUE LAGOON DRIVE?+
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 $210,000, this home is listed about 45% below the Kissimmee median of $379,000. The market section on this page shows how the area is trending.
Which schools are assigned to 8407 BLUE LAGOON DRIVE?+
Westside K-8 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 BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY · Joseph Doher. MLS #O6418125.
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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