David Ramirez
Short-Term Rental Eligible
$1,150,00011 bd11.5 ba5,496 sqft$209 /sqft$8,221 /mo all-in ↓

241 FALLS DRIVE, KISSIMMEE, FL, 34747

Active113 days on marketListed Apr 9, 2026MLS #S5146843

Est. $141K/yr short-term rental revenuePrivate poolFully furnishedSingle Family ResidenceREUNION WEST PH 2A WEST

About this home

241 FALLS DRIVE

AMAZING OPPORTUNITY… LOCATION, LOCATION, LOCATION ,VACATION, INCOME!!! GREAT OPPORTUNITY FOR INVESTORS, as a short rental home or even residential home . THE AMAZING HOME OF 11 BEDROOMS, 10 full BATHROOMS, 3 HALF-BATH…GATED COMMUNITY in the heart of Kissimmee , The home features a grand open entertaining space encompassing a stunning kitchen with a beautiful GRANITE counters island style breakfast bar, the gourmet kitchen also features stainless steel appliances and modern backsplash, family room and dining area, Head out to the SPARKLING private pool deck. The stunning master bedroom and three further bedrooms can be found on the lower floor. Upstairs, you will find the seven additional bedrooms with six being on-suites. Upstairs is where you will also find the themed movie theater with leather recliners, relaxing balcony area overlooking the glistening private pool, spa and the most beautiful view of the entire resort…new wood laminate flooring throughout the home. The home is professionally decorated and furnished to the highest standards and features custom one-off family-friendly and fun, There is something for everyone. The current owner has invested over $200,000 in this furniture package, which is included in the price, all appliances are included with 2 dishwashers . This house is located on a spectacular oversized lot, just a few steps from Encore at Reunion community. The resort community Water Park features: water slides, splash pad, beach volleyball bar/restaurant and other beach-side amenities. The indoor recreation includes large screen TV, gaming systems, snack market, and arcade room. The resort offers complimentary transportation to the top Orlando theme parks, including Walt Disney World® Resort, SeaWorld, and Universal Orlando Resort. home is sold as is , price includes all the appliances and the ALL the furniture .

Facts & features

The home at a glance

11

Bedrooms

11.5

Bathrooms

5,496

Sqft

0.21 ac

Lot size

2

Garage

2017

Year built

Two

Levels

$209

Per sqft

Private poolFurnishedPets allowed

Inside

FlooringLaminate
AppliancesCooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Refrigerator
InteriorCeiling Fan(s) · Primary Bedroom Main Floor · PrimaryBedroom Upstairs
LaundryLaundry Room
CoolingCentral Air
HeatingElectric
FurnishedFurnished

Outside & construction

RoofTile
ConstructionStucco
FoundationSlab
FacesWest
ExteriorBalcony · Sliding Doors

Community & fees

HOA fee$725/mo
Taxes (2025)$8,395/yr
PetsYes

Utilities & systems

UtilitiesElectricity Available · Public · 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.

$8,221 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$6,205
PMI (est., until 20% equity)$431
Property tax — 2025 actual bill$700
HOA fee — from the listing$725
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $115,000Loan30-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% · $115,000
Interest rate6.00%
Loan term

Estimated payment

$8,221/mo

Principal & interest$6,205
PMI (est., until 20% equity)$431
Property taxes (actual bill)$700
HOA / condo fee$725
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 $1.1M
$1.1MedgeAI estimate $1,159,319 · range $1.1M$1.2M$1.2M

vs edgeAI estimate

−0.8%

$/sqft vs Kissimmee actives

$209 vs $207

Days on market

113 vs 45 typical

Where $209/sqft sits among the 400 Kissimmee actives

91
123
93 · this home
45
19
29
$152–181$181–209$209–238$238–266$266–295$295+

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 The Encore Club At Reunion, 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

$140,799/yr gross

Avg nightly rate$892
Occupancy (comp set)45%
CommunityThe Encore Club At Reunion
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 price2.2%
Homes for rent right now1,140

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

The Four Corners short-term market

▼ Softening

48%

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

44%
56%
55%
54%
44%
36%
57%
48%
39%
44%
44%
46%
JanFebMarAprMayJunJulAugSepOctNovDec

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

Where it sits

Inside The Encore Club At Reunion

Map of 241 FALLS DRIVE inside its neighborhood boundary

Drive times from this address

Walt Disney World14 min
Universal Orlando24 min
Downtown Orlando30 min
Orlando Int’l Airport (MCO)35 min
Downtown Tampa64 min

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

The Encore Club At Reunion is a short-term-rental community. See the full guide →

The Encore Club At Reunion — neighborhood snapshot

Population

197

Median age

33

Median income

$52,153

Median home value

$94,465

Avg household

2

Households w/ children

30%

For the school run

Osceola County School District

HighCelebration High School★★★★★
ElementaryWestside K-8 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)

160 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 188% above the KISSIMMEE 34747 median. See the full Kissimmee market guide →

Paper trail

This home's history

Apr 9, 2026Listed at $1,150,000 · 113 days on market since
2017Built · REUNION WEST PH 2A WEST

Reality check

What actually sold near 241 FALLS DRIVE

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

251 FALLS DRIVESold · Jan ’26

$1,150,000

251 FALLS DRIVE · same community

11 bd · 11.5 ba · 5,496 sqft · $209/sqft · 37 DOM

211 FALLS DRIVESold · Nov ’25

$900,000

211 FALLS DRIVE · same community

9 bd · 8.5 ba · 4,630 sqft · $194/sqft · 7 DOM

336 SOUTHFIELD STREETSold · Jan ’26

$1,162,500

336 SOUTHFIELD STREET

11 bd · 11.5 ba · 5,496 sqft · $212/sqft · 72 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 241 FALLS DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 241 FALLS 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.

Goes straight to David’s phone and CRM.

Straight answers

241 FALLS DRIVE FAQs

What would the monthly payment be for 241 FALLS DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $8,221/mo — principal and interest, the actual property-tax bill, the $725/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 241 FALLS DRIVE?+

The association fee works out to $725 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 241 FALLS DRIVE?+

The most recent tax bill on record (2025) was $8,395. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 241 FALLS DRIVE be rented short-term?+

Yes — this home sits inside The Encore Club At Reunion, 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 241 FALLS 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 $1,150,000, this home is listed about 203% above the Kissimmee median of $379,850. The market section on this page shows how the area is trending.

Which schools are assigned to 241 FALLS DRIVE?+

Celebration High School (high), Westside K-8 School (elementary) — 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

$1,150,000 runs 188% above the KISSIMMEE 34747 median — but at 5,496 sqft it's also nearly 3 times the size of the typical Kissimmee listing.

02Zoned for nightly rentals

The Encore Club At Reunion 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.

04Know the monthly fee

The association fee is $725/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

05Time on market is leverage

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

Listing courtesy of LA ROSA REALTY KISSIMMEE · Ahmed Hathout. MLS #S5146843.

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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