8427 SECRET KEY COVE, KISSIMMEE, FL, 34747
Active15 days on marketListed Sep 5, 2026MLS #O6439098
About this home
8427 SECRET KEY COVE
Welcome to 8427 Secret Key Cove, a beautifully renovated and professionally designed 7-bedroom, 4.5-bathroom home located in the highly sought-after Emerald Island Resort in Kissimmee, Florida. This fully furnished single-family residence offers nearly 2,900 sq. ft. of living space and is currently operating as a successful short-term rental just 4 miles from Walt Disney World. Step inside to find an open-concept layout with plenty of space for entertaining, relaxing, or hosting guests. The home features themed bedrooms that add a playful, family-friendly charm, a private screened-in pool perfect for soaking up the Florida sun, and a garage thoughtfully converted into a game room to keep everyone entertained. Every bedroom includes a Smart TV, and the home comfortably accommodates up to 16 guests. The kitchen is fully equipped, making it ideal for both short and extended stays. As part of the gated Emerald Island Resort community, owners enjoy an impressive array of amenities included in the monthly HOA fee. These include access to two heated resort-style pools, a well-equipped fitness center, a relaxing sauna, and a poolside tiki bar for laid-back afternoons. The resort also features putt-putt golf, scenic nature trails, tennis and basketball courts, a playground, a sand volleyball court, and 24/7 manned security at the gated entrance. HOA dues also cover lawn maintenance, private road upkeep, and trash pickup, making ownership as easy and convenient as possible. With its prime location near US-192, I-4, shopping, dining, and top attractions, this home is perfect for investors or families seeking a vacation getaway with strong rental income potential.
Facts & features
The home at a glance
7
Bedrooms
4.5
Bathrooms
2,914
Sqft
0.14 ac
Lot size
2
Garage
2002
Year built
Two
Levels
$216
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.
$4,472 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,472/mo
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.
vs edgeAI estimate
+15.4%
$/sqft vs Kissimmee actives
$216 vs $210
Days on market
15 vs 55 typical
Where $216/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 Emerald Island, 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 Emerald Island
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Emerald Island is a short-term-rental community. See the full guide →
Emerald Island — neighborhood snapshot
Population
404
Median age
43
Median income
$76,205
Median home value
$469,300
Avg household
2
Households w/ children
24%
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)
204 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 62% above the KISSIMMEE 34747 median. See the full Kissimmee market guide →
Paper trail
This home's history
Reality check
What actually sold near 8427 SECRET KEY COVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$445,000
8449 SECRET KEY COVE · same community
7 bd · 4.5 ba · 2,934 sqft · $152/sqft · 66 DOM
Sold · Sep ’26$480,000
8475 OASIS KEY COVE · same community
7 bd · 5.5 ba · 2,881 sqft · $167/sqft · 12 DOM
Sold · Oct ’25$530,000
8404 SECRET KEY COVE · same community
7 bd · 4.5 ba · 2,832 sqft · $187/sqft · 142 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
Julian Rivera
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 8427 SECRET KEY COVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8427 SECRET KEY COVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Julian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
8427 SECRET KEY COVE FAQs
What would the monthly payment be for 8427 SECRET KEY COVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,472/mo — principal and interest, the actual property-tax bill, the $107/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 8427 SECRET KEY COVE?+
The association fee works out to $107 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 8427 SECRET KEY COVE?+
The most recent tax bill on record (2024) was $6,828. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 8427 SECRET KEY COVE be rented short-term?+
Yes — this home sits inside Emerald Island, 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 8427 SECRET KEY COVE?+
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 $630,000, this home is listed about 66% above the Kissimmee median of $379,000. The market section on this page shows how the area is trending.
Which schools are assigned to 8427 SECRET KEY COVE?+
Westside K-8 School (elementary), Celebration High School (high) — Osceola County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$630,000 runs 62% above the KISSIMMEE 34747 median — but at 2,914 sqft it's also 60% larger than the typical Kissimmee listing.
02Zoned for nightly rentals
Emerald Island 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.
03Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
Keep looking
Similar homes nearby
Listing courtesy of REALTY OF AMERICA · Jomar Concepcion. MLS #O6439098.
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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