4188 PARAGRAPH DRIVE, KISSIMMEE, FL, 34746
Active484 days on marketListed Apr 15, 2025MLS #O6299798
About this home
4188 PARAGRAPH DRIVE
Prime Location! Beautiful Townhome in Storey Lake near Orlando Attractions! Excellent maintained 4-bedroom, 3-bathroom townhome with a private pool. This spacious residence features an open layout with one bedroom conveniently situated on the first floor, offering both comfort and convenience. This property comes fully furnished with a beautiful interior design, ready for immediate use, perfect for a profitable short-term rental investment or an unforgettable family vacation retreat just minutes from Orlando’s top attractions. The modern kitchen features quartz countertops, upgraded cabinetry, slate appliances, custom blinds, and more. Conveniently located just minutes from Walt Disney World, Universal Orlando Resort, Sea World Orlando, as well as premier shopping, dining, Orlando International Airport, and major highways. Amenities include Clubhouse with Tiki Bar/Grille, Canoe/Kayak Rental, Lazy River, Fitness Center, Miniature Golf, Quiet Pool, Splash Pad, Double Slide, Volleyball Court & Sports Court.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
1,914
Sqft
0.06 ac
Lot size
2021
Year built
Two
Levels
$268
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.
$4,647 /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
$4,647/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
+10.3%
$/sqft vs COVE AT STOREY LAKE 4
$268 vs $226
Days on market
484 vs 55 typical
Where $268/sqft sits among the 29 homes for sale in COVE AT STOREY LAKE 4
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
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 Storey Lake
Drive times from this address
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
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)
12 of 29
COVE AT STOREY LAKE 4 have cut their price
Median sold price, Kissimmee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 49% above the KISSIMMEE 34746 median. See the full Kissimmee market guide →
Paper trail
This home's history
Reality check
What actually sold near 4188 PARAGRAPH DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$465,000
2992 PROTAGONIST STREET · same community
4 bd · 3 ba · 1,914 sqft · $243/sqft · 174 DOM
Sold · Jul ’26$423,000
3009 PENELOPE LOOP · same community
4 bd · 3 ba · 1,914 sqft · $221/sqft · 14 DOM
Sold · May ’26$435,000
2957 SIMILE STREET · same community
4 bd · 3 ba · 1,914 sqft · $227/sqft · 139 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
Darrick Cook
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 4188 PARAGRAPH DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4188 PARAGRAPH DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Darrick's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4188 PARAGRAPH DRIVE FAQs
What would the monthly payment be for 4188 PARAGRAPH DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,647/mo — principal and interest, the actual property-tax bill, the $545/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 4188 PARAGRAPH DRIVE?+
The association fee works out to $545 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 4188 PARAGRAPH DRIVE?+
The most recent tax bill on record (2024) was $8,380. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 4188 PARAGRAPH DRIVE 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 4188 PARAGRAPH 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 $512,500, this home is listed about 35% above the Kissimmee median of $379,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4188 PARAGRAPH DRIVE?+
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
$512,500 runs 49% 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.
04Know the monthly fee
The association fee is $545/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
05Time on market is leverage
484 days on market against a Kissimmee median of 55 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of DECONOVA INTERNATIONAL GROUP · Juan Fernandez. MLS #O6299798.
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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