CENTURY 21 Edge
$859,0005 bd3.5 ba3,880 sqft$221 /sqft≈$6,254 /mo all-in ↓

5053 RHEA DRIVE, ST CLOUD, FL, 34772

Active16 days on marketListed Sep 24, 2026MLS #O6443598

WaterfrontSingle Family ResidenceHANOVER LAKES PH 5

About this home

5053 RHEA DRIVE

Perfectly positioned on the shores of Alligator Lake, this exceptional 5 bedroom, 3.5 bath residence offers over 4,200 square feet of refined living space in the highly desirable Hanover Lakes community. Built in 2023, this move in ready home blends elevated design with an unmatched waterfront lifestyle. At the heart of the home is a truly showstopping kitchen, designed to impress. A commercial grade refrigerator, chef's range, and statement hood anchor the space, while the oversized island invites effortless entertaining. This is a kitchen with genuine wow factor, one that elevates the everyday and makes a lasting impression on guests. Thoughtful upgrades continue throughout the home, from rich new flooring to custom chandeliers that add a touch of elegance to every room. Even the downstairs half bath feels curated, finished with striking mosaic tile. The first floor also offers a dedicated flex room, ideal as a home office or private study. Upstairs, a full bathroom accompanies an expansive entertainment loft, a versatile space perfect for a media room, game room, or additional family lounge. The open concept downstairs living area flows seamlessly into an extended living space, offering flexibility and room to breathe for a growing household or those who love to host. Step outside to your own private slice of waterfront living, with direct backyard access to Alligator Lake and endless potential to add a custom pool and dock exactly to your taste. Hanover Lakes offers residents a private community boat ramp, fishing access, a resort style community pool, and a playground, delivering a rare combination of luxury and lakefront lifestyle. Nearby school options include Bridge Prep Academy and Mater Academy, both highly rated charter schools in the area, adding further appeal for families seeking flexibility and quality education. This is more than a home, it's a lifestyle on the water, offered in one of St. Cloud's most sought after communities.

Facts & features

The home at a glance

5

Bedrooms

3.5

Bathrooms

3,880

Sqft

0.18 ac

Lot size

2

Garage

2023

Year built

Two

Levels

$221

Per sqft

WaterfrontWater viewPets allowed

Inside

FlooringTile · Vinyl
AppliancesBuilt-In Oven · Dishwasher · Microwave · Range · Range Hood · Refrigerator · Wine Refrigerator
InteriorEating Space In Kitchen · High Ceilings · Kitchen/Family Room Combo · PrimaryBedroom Upstairs · Walk-In Closet(s)
LaundryLaundry Room
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock · Stone · Stucco
FoundationSlab
ViewWater
FacesSouth
ExteriorLighting · Sidewalk

Community & fees

HOA fee$112/mo
Taxes (2025)$12,301/yr
PetsYes
CommunityCommunity Mailbox · Park · Playground · Pool · Sidewalks

Utilities & systems

UtilitiesPublic
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.

$6,254 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$4,635
PMI (est., until 20% equity)$322
Property tax — 2025 actual bill$1,025
HOA fee — from the listing$112
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $85,900Loan30-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% · $85,900
Interest rate6.00%
Loan term

Estimated payment

$6,254/mo

Principal & interest$4,635
PMI (est., until 20% equity)$322
Property taxes (actual bill)$1,025
HOA / condo fee$112
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 $859K
$666KedgeAI estimate $770,280 · range $693K–$793K$893K

vs edgeAI estimate

+11.5%

$/sqft vs HANOVER LAKES PH 5

$221 vs $164

Days on market

16 vs 65 typical

Where $221/sqft sits among the 6 homes for sale in HANOVER LAKES PH 5

2
3
0
0
1
0 · this home
$148–160$160–173$173–185$185–197$197–209$209+

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.

Where it sits

Inside St Cloud

Drive times from this address

Universal Orlando≈ 46 min
Walt Disney World≈ 47 min
Orlando Int’l Airport (MCO)≈ 47 min
Downtown Orlando≈ 47 min

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

Get to know St Cloud. See the full St Cloud guide →

ST CLOUD 34772 — neighborhood snapshot

Population

33,542

Median age

39.9

Median income

$86,900

Median home value

$352,400

Avg household

3.05

Households w/ children

4,027

For the school run

Osceola County School District

ElementaryNeptune Elementary School★★★★★
HighSt. Cloud High School★★★★★
MiddleNeptune Middle School★★★★★

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

The numbers that matter

The St Cloud market

Seller’s marketLeans seller — 4.6 months of inventoryBuyer’s market

$412K → $399K

St Cloud median sold, yr/yr

98.4%

Sale-to-list ratio (12 mo)

4 of 6

HANOVER LAKES PH 5 have cut their price

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

This home is listed 115% above the ST CLOUD 34772 median. See the full St Cloud market guide →

Paper trail

This home's history

Sep 24, 2026Listed at $859,000 · 16 days on market since
2023Built · HANOVER LAKES PH 5

Reality check

What actually sold near 5053 RHEA DRIVE

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

5001 CENTER COURTSold · Dec ’25

$630,000

5001 CENTER COURT

6 bd · 4.5 ba · 3,855 sqft · $163/sqft · 60 DOM

3297 WAUSEON DRIVESold · Feb ’26

$675,000

3297 WAUSEON DRIVE

5 bd · 3.5 ba · 3,854 sqft · $175/sqft · 100 DOM

3273 WAUSEON DRIVESold · Feb ’26

$635,000

3273 WAUSEON DRIVE

5 bd · 3.5 ba · 3,854 sqft · $165/sqft · 77 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.

Frederick Paige

Your agent

Frederick Paige

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 5053 RHEA 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 5053 RHEA DRIVE — before you fall in love.

See it in person

Schedule a tour

Live availability from Frederick's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

5053 RHEA DRIVE FAQs

What would the monthly payment be for 5053 RHEA DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,254/mo — principal and interest, the actual property-tax bill, the $112/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 5053 RHEA DRIVE?+

The association fee works out to $112 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 5053 RHEA DRIVE?+

The most recent tax bill on record (2025) was $12,301. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 5053 RHEA 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 St Cloud?+

At $859,000, this home is listed about 100% above the St Cloud median of $429,000. The market section on this page shows how the area is trending.

Which schools are assigned to 5053 RHEA DRIVE?+

Neptune Elementary School (elementary), St. Cloud High School (high), Neptune Middle School (middle) — Osceola County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of REAL BROKER, LLC · Ken Pozek. MLS #O6443598.

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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