David Ramirez
Short-Term Rental Eligible
$590,000$640,0004 bd3 ba1,902 sqft$310 /sqft$4,556 /mo all-in ↓

2605 READING TRAIL, KISSIMMEE, FL, 34746

Active471 days on marketListed Apr 17, 2025MLS #S5125201

Est. $60K/yr short-term rental revenueReduced $50KPrivate poolFully furnishedTownhouseCOVE AT STOREY LAKE 5

About this home

2605 READING TRAIL

Priced to sell!! Stunning House with a private pool and lake view. It is fully furnished with 1 bedroom downstairs; the 2nd primary bedroom and all the other 3 bedrooms upstairs. This property is located in the desirable golf course community of The Cove at Storey Lake. Inside you will find beautiful furniture, decor, and appliances. The home features a spacious, open-concept layout, perfect for entertaining and comfortable living. Fully equipped kitchen with modern appliances, granite countertops, and custom cabinetry. The private pool backyard with the privacy of a patio area for outside entertaining. Second floor opens to a spacious loft, the second primary bedroom with en-suite bathroom, walk-in closet. The new owners and all guests will have full access to the clubhouse and all the amenities as the community pool, playground. This gorgeous home is located within minutes of Disney World, Shopping Centers, Restaurants. This house in Storey Lake is perfect for those seeking a primary residence, a long-term rental investment, or a profitable short-term rental opportunity.

Facts & features

The home at a glance

4

Bedrooms

3

Bathrooms

1,902

Sqft

0.06 ac

Lot size

2023

Year built

Two

Levels

$310

Per sqft

Private poolFurnished

Inside

FlooringCarpet · Ceramic Tile
AppliancesDishwasher · Disposal · Dryer · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · Eating Space In Kitchen · Living Room/Dining Room Combo · Thermostat
LaundryLaundry Room
CoolingCentral Air
HeatingCentral · Electric
FurnishedFurnished

Outside & construction

RoofShingle
ConstructionBlock
FoundationSlab
FacesWest
ExteriorLighting · Sidewalk · Sliding Doors

Community & fees

HOA fee$277/mo
Taxes (2024)$8,572/yr
PetsBreed Restrictions
CommunityFitness Center · Gated Community - Guard · Park · Playground

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Sewer Connected · Water Connected
WaterPublic

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.

$4,556 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,184
PMI (est., until 20% equity)$221
Property tax — 2024 actual bill$714
HOA fee — from the listing$277
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $59,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $59,000
Interest rate6.00%
Loan term

Estimated payment

$4,556/mo

Principal & interest$3,184
PMI (est., until 20% equity)$221
Property taxes (actual bill)$714
HOA / condo fee$277
Est. insurance$160

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.

List $590K
$425KedgeAI estimate $472,695 · range $443K$546K$614K

vs edgeAI estimate

+24.8%

$/sqft vs COVE AT STOREY LAKE 5

$310 vs $297

Days on market

471 vs 45 typical

Where $310/sqft sits among the 9 homes for sale in COVE AT STOREY LAKE 5

1
0
0
3
3 · this home
2
$213–234$234–255$255–276$276–297$297–318$318+

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 · projected

$60,130/yr gross

Avg nightly rate$338
Occupancy (comp set)50%
CommunityStorey Lake
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

$2,150/mo median

MarketKissimmee
Annual gross at median$25,800
Gross yield on this price4.4%
Homes for rent right now1,140

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

The Florida short-term market

▼ Softening

50%

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

50%
58%
58%
56%
46%
38%
56%
49%
43%
47%
48%
50%
JanFebMarAprMayJunJulAugSepOctNovDec

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 Storey Lake

Map of 2605 READING TRAIL inside its neighborhood boundary

Drive times from this address

Walt Disney World18 min
Universal Orlando23 min
Downtown Orlando29 min
Orlando Int’l Airport (MCO)32 min

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

MiddleKissimmee Middle School★★★★
ElementaryFlora Ridge Elementary School★★★★★
HighCelebration High School★★★★★

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

The numbers that matter

The Kissimmee market

Seller’s marketLeans buyer8.9 months of inventoryBuyer’s market

$369K$358K

Kissimmee median sold, yr/yr

97.2%

Sale-to-list ratio (12 mo)

1 of 9

COVE AT STOREY LAKE 5 have cut their price

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

This home is listed 69% above the KISSIMMEE 34746 median. See the full Kissimmee market guide →

Paper trail

This home's history

CurrentPrice reduced to $590,000 $50K
Apr 17, 2025Listed at $640,000 · 471 days on market since
2023Built · COVE AT STOREY LAKE 5

Reality check

What actually sold near 2605 READING TRAIL

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

2377 READING TRAILSold · Jun ’26

$430,000

2377 READING TRAIL · same community

4 bd · 3 ba · 1,902 sqft · $226/sqft · 12 DOM

2441 READING TRAILSold · Apr ’26

$410,000

2441 READING TRAIL · same community

4 bd · 3 ba · 1,902 sqft · $216/sqft · 0 DOM

2429 READING TRAILSold · Feb ’26

$475,000

2429 READING TRAIL · same community

4 bd · 3 ba · 1,902 sqft · $250/sqft · 112 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 2605 READING TRAIL — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 2605 READING TRAIL — 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

2605 READING TRAIL FAQs

What would the monthly payment be for 2605 READING TRAIL?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,556/mo — principal and interest, the actual property-tax bill, the $277/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 2605 READING TRAIL?+

The association fee works out to $277 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 2605 READING TRAIL?+

The most recent tax bill on record (2024) was $8,572. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 2605 READING TRAIL 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 2605 READING TRAIL?+

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 $590,000, this home is listed about 55% above the Kissimmee median of $379,850. The market section on this page shows how the area is trending.

Which schools are assigned to 2605 READING TRAIL?+

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

$590,000 runs 69% above the KISSIMMEE 34746 median.

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.

03Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

04Time on market is leverage

471 days on market against a Kissimmee median of 45 — sellers in this position are usually ready to negotiate.

05The price has already moved

Listed at $640,000, now $590,000 — a $50K cut. The full history is in the market section below.

Listing courtesy of FUSION FLORIDA REALTY LLC · Jose Solano. MLS #S5125201.

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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