4609 FORMBY COURT, KISSIMMEE, FL, 34746
Active55 days on marketListed Jun 15, 2026MLS #S5151857
About this home
4609 FORMBY COURT
Turnkey STR that made ~$65kin revenue last year! Currently managed by Blue Gems Management and can be seamlessly transferred over to you without missing existing income generating reservations. As an investor you know that this property is worth snatching up just because of its figures, but let's also discuss its features: Luxury Vinyl Plank flooring throughout means no carpet to replace each year, while providing a lux feel under foot and warmth to the design esthetics. Kitchen dons quartz countertops, single basin sink, subway tile backsplash, matte black fixtures, stainless appliance suite, and a 4 seat eating space in addition to the separate Dining Room. 3 of the Bedrooms (including the Primary) are downstairs, each with Full Bathrooms featuring their own design styles and finishes, while maintaining an airy and welcoming cohesiveness throughout the home. Window treatments and Blinds in every room. Sliding door opens from the living room, with multiple entertainment areas, out to the screened lanai and swimming POOL. In the evening you or your guests won't have to worry about pesky Florida insects and can enjoy overhead string light ambiance while sharing memories and planning for the next exciting theme park day ahead. Also a great option to convert the garage to a theatre/arcade for added rental pricing and resale benefit. Gotta love an equity opportunity! Lake Berkley Resort is a Gated community with: Tennis, Basketball, Beach Volleyball, Walking Trails, Fishing Pier, Beach area, and More. Booking daily so schedule your showing ASAP.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
1,844
Sqft
0.14 ac
Lot size
2
Garage
1999
Year built
Two
Levels
$258
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.
$3,780 /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
$3,780/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
+11.8%
$/sqft vs Kissimmee actives
$258 vs $209
Days on market
55 vs 54 typical
Where $258/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 Lake Berkley, 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.
The Kissimmee short-term market
▼ Softening50%
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
Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Kissimmee — the projection above is specific to this home’s size.
Where it sits
Inside Lake Berkley
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Lake Berkley is a short-term-rental community. See the full guide →
Lake Berkley — neighborhood snapshot
Population
735
Median age
33
Median income
$86,250
Median home value
$337,300
Avg household
3
Households w/ children
121
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 → $359K
Kissimmee median sold, yr/yr
97.3%
Sale-to-list ratio (12 mo)
177 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 36% above the KISSIMMEE 34746 median. See the full Kissimmee market guide →
Paper trail
This home's history
Reality check
What actually sold near 4609 FORMBY COURT
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$465,000
4711 PERSHOIE LANE · same community
4 bd · 3 ba · 1,960 sqft · $237/sqft · 9 DOM
Sold · Oct ’25$399,000
4600 FORMBY COURT · same community
4 bd · 2 ba · 1,650 sqft · $242/sqft · 32 DOM
Sold · Apr ’26$335,000
4715 AINSDALE WALK · same community
4 bd · 2 ba · 1,542 sqft · $217/sqft · 93 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 4609 FORMBY COURT — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4609 FORMBY COURT — 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
4609 FORMBY COURT FAQs
What would the monthly payment be for 4609 FORMBY COURT?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,780/mo — principal and interest, the actual property-tax bill, the $138/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 4609 FORMBY COURT?+
The association fee works out to $138 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 4609 FORMBY COURT?+
The most recent tax bill on record (2025) was $5,711. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 4609 FORMBY COURT be rented short-term?+
Yes — this home sits inside Lake Berkley, 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 4609 FORMBY COURT?+
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 $475,000, this home is listed about 25% above the Kissimmee median of $379,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4609 FORMBY COURT?+
Kissimmee Middle School (middle), Central Avenue Elementary School (elementary), Poinciana High School (high) — Osceola County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$475,000 runs 36% above the KISSIMMEE 34746 median.
02Zoned for nightly rentals
Lake Berkley 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.
04The price has already moved
Listed at $485,000, now $475,000 — a $10K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of TITAN REALTY GROUP LLC · Ashley Wilt. MLS #S5151857.
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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