8981 SHINE DRIVE, KISSIMMEE, FL, 34747
Active473 days on marketListed Apr 8, 2025MLS #S5124447
About this home
8981 SHINE DRIVE
4 BED / 3 BATH Townhome nestled in a premium location at the sought after VACATION COMMUNITY WEST LUCAYA RESORT this townhome offers versatility for short and long-term rentals, allowing you to either lease it or make it your permanent residence. FULLY FURNISHED, the gated community of West Lucaya Village. Boasting an inviting open-concept layout, the home features a modern kitchen adorned with stainless steel appliances, wood cabinets, and granite countertops. A convenient first-floor master suite provides a more intimate space, while the community itself offers an array of resort-style amenities including a pool, spa, clubhouse, fitness center, and playground. Conveniently located near Disney parks, shopping, dining, and with easy access to I-4. Plus, Motivated seller. TENANT OCCUPIED
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
1,694
Sqft
0.02 ac
Lot size
2017
Year built
Two
Levels
$185
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.
$3,104 /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
$3,104/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
−1.4%
$/sqft vs WEST LUCAYA VILLAGE
$185 vs $212
Days on market
473 vs 45 typical
Where $185/sqft sits among the 23 homes for sale in WEST LUCAYA VILLAGE
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 Lucaya Village, 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 · projected
$47,027/yr gross
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,150/mo median
Live Kissimmee rental listing data — this home’s rate depends on size, condition and furnishing.
The Florida short-term market
▼ Softening48%
Occupancy
▼ 37% yr/yr
$325
Avg nightly rate
▲ 13% yr/yr
$38K/yr
Revenue per listing
$151
RevPAR
78 days
Booking lead time
5.7 nights
Avg stay
3
Typical min nights
11,479
Active rentals
▼ 20% supply
Seasonality — monthly occupancy
Peaks at 57% in Jul · bottoms at 36% in Jun
Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Florida — the projection above is specific to this home’s size.
Where it sits
Inside Lucaya Village
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Lucaya Village is a short-term-rental community. See the full guide →
The numbers that matter
The Kissimmee market
$369K → $358K
Kissimmee median sold, yr/yr
97.2%
Sale-to-list ratio (12 mo)
8 of 23
WEST LUCAYA VILLAGE have cut their price
Median sold price, Kissimmee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 18% below the Kissimmee median. See the full Kissimmee market guide →
Paper trail
This home's history
Reality check
What actually sold near 8981 SHINE 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$330,000
3214 GOLD LANE · same community
4 bd · 3 ba · 1,694 sqft · $195/sqft · 221 DOM
Sold · May ’26$315,000
3209 WISH AVENUE · same community
4 bd · 3 ba · 1,694 sqft · $186/sqft · 30 DOM
Sold · Oct ’25$340,000
8970 SHINE DRIVE · same community
4 bd · 3 ba · 1,694 sqft · $201/sqft · 23 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 8981 SHINE DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8981 SHINE 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
8981 SHINE DRIVE FAQs
What would the monthly payment be for 8981 SHINE DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,104/mo — principal and interest, the actual property-tax bill, the $575/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 8981 SHINE DRIVE?+
The association fee works out to $575 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 8981 SHINE DRIVE?+
The most recent tax bill on record (2024) was $4,657. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 8981 SHINE DRIVE be rented short-term?+
Yes — this home sits inside Lucaya Village, 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 8981 SHINE DRIVE?+
The listing reports pets: No. 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 $313,000, this home is listed about 18% below the Kissimmee median of $379,850. The market section on this page shows how the area is trending.
The brief
Five things that matter here
01Under the Kissimmee market on paper
$313,000 is 18% below the Kissimmee median of $379,850, and at $185/sqft it sits under the Kissimmee average of $216.
02Zoned for nightly rentals
Lucaya Village 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.
03Move-in furnished
The furniture conveys — a genuine head start for a second home or rental, and one less five-figure line item after closing.
04Know the monthly fee
The association fee is $575/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
05Time on market is leverage
473 days on market against a Kissimmee median of 45 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of LOKATION · Nora Hazan. MLS #S5124447.
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.
Never miss a listing
New Kissimmee homes, in your inbox
Like 8981 SHINE DRIVE but not quite? A daily digest of every new listing in Kissimmee — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →