CENTURY 21 Edge
Short-Term Rental Eligible
$369,800$389,8003 bd2 ba1,329 sqft$278 /sqft$3,858 /mo all-in ↓

3131 PARADOX CIRCLE UNIT 108, KISSIMMEE, FL, 34746

Active136 days on marketListed Mar 28, 2026MLS #S5146717

Reduced $20KFully furnishedCondominiumTHE TERRACES AT STOREY LAKE CONDO NO 2 PH 7

About this home

3131 PARADOX CIRCLE UNIT 108

AMAZING LAKEVIEW CONDO ON FIRST FLOOR. THE BEST ONE YOU CAN FIND. FULLY REFRESHED, NEW LAMINATED FLOORING ON BEDROOMS, FRESHLY REPAINTED, NEW FURNITURE ON MAIN BEDROOMS AND MORE. If you want to invest in short term rental, this is a great opportunity. Beautiful Three bedrooms & two bathrooms condo fully furnished and beautifully decorated, this open kitchen has quartz countertops, 42" cabinets, stainless steel appliances, washer and dryer, blinds. In Storey Lake Resort. Located in a community highly desirable and in a prime location in central Florida allowing for short term vacation rentals, great investment returns on this property kayak, lazy river, fitness center, miniature golf, quiet pool, splash pad, double slide, volleyball court and sports court.It is close to major attractions including Disney World just 7 minutes away, Disney Springs 3.5 miles, Orlando Premium Outlet 3.2 miles,

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,329

Sqft

0.03 ac

Lot size

2020

Year built

Three Or More

Levels

$278

Per sqft

Water viewFurnishedPets allowed

Inside

FlooringCeramic Tile · Laminate
AppliancesCooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Ice Maker · Microwave · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · Split Bedroom · Walk-In Closet(s)
LaundryLaundry Room
CoolingCentral Air
HeatingCentral · Electric
FurnishedFurnished

Outside & construction

RoofMetal
ConstructionBlock
FoundationSlab
ViewWater
FacesEast
ExteriorBalcony · Lighting · Storage

Community & fees

HOA fee$878/mo
Taxes (2025)$5,748/yr
PetsYes
CommunityClubhouse · Fitness Center · Gated Community - Guard · Pool · Restaurant

Utilities & systems

UtilitiesCable Available · Electricity Available · Water Available
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.

$3,858 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,177
FHA mortgage insurance (est.)$164
Property tax — 2025 actual bill$479
Condo fee — from the listing$878
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $12,943Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $12,943
Interest rate6.00%
Loan term

Estimated payment

$3,858/mo

Principal & interest$2,177
FHA mortgage insurance (est.)$164
Property taxes (actual bill)$479
HOA / condo fee$878
Est. insurance$160

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.

List $370K
$240KedgeAI estimate $274,377 · range $250K$312K$385K

vs edgeAI estimate

+34.8%

$/sqft vs Kissimmee actives

$278 vs $209

Days on market

136 vs 55 typical

Where $278/sqft sits among the 400 Kissimmee actives

79
128
105
44
15 · this home
29
$149–181$181–212$212–243$243–274$274–305$305+

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

Nightly rentalsAllowed
CommunityStorey Lake
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

$2,100/mo median

MarketKissimmee
Annual gross at median$25,200
Gross yield on this price6.8%
Homes for rent right now984

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

Where it sits

Inside Storey Lake

Map of 3131 PARADOX CIRCLE UNIT 108 inside its neighborhood boundary

Drive times from this address

Walt Disney World15 min
Universal Orlando20 min
Downtown Orlando26 min
Orlando Int’l Airport (MCO)29 min
Downtown Tampa74 min

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

MiddleKissimmee Middle School★★★★
ElementaryFlora Ridge Elementary School★★★★★
HighCelebration High School★★★★★

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

The numbers that matter

The Kissimmee market

Seller’s marketLeans buyer7.2 months of inventoryBuyer’s market

$365K$350K

Kissimmee median sold, yr/yr

97.3%

Sale-to-list ratio (12 mo)

181 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 7% above the KISSIMMEE 34746 median. See the full Kissimmee market guide →

Paper trail

This home's history

CurrentPrice reduced to $369,800 $20K
Mar 28, 2026Listed at $389,800 · 136 days on market since
2020Built · THE TERRACES AT STOREY LAKE CONDO NO 2 PH 7

Reality check

What actually sold near 3131 PARADOX CIRCLE UNIT 108

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

3131 PARADOX CIRCLE UNIT 108Sold · Feb ’26

$360,000

3131 PARADOX CIRCLE UNIT 108 · same community

3 bd · 2 ba · 1,329 sqft · $271/sqft · 642 DOM

3131 PARADOX CIRCLE UNIT 206Sold · Oct ’25

$290,000

3131 PARADOX CIRCLE UNIT 206 · same community

2 bd · 2 ba · 1,196 sqft · $242/sqft · 498 DOM

2657 CHATHAM CIRCLESold · Apr ’26

$274,000

2657 CHATHAM CIRCLE

2 bd · 2 ba · 1,341 sqft · $204/sqft · 11 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.

Tyler Stoddard

Your agent

Tyler Stoddard

REALTOR · CENTURY 21 Edge

Tours, negotiation, and every question about 3131 PARADOX CIRCLE UNIT 108 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 3131 PARADOX CIRCLE UNIT 108 — before you fall in love.

See it in person

Schedule a tour

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

Straight answers

3131 PARADOX CIRCLE UNIT 108 FAQs

What would the monthly payment be for 3131 PARADOX CIRCLE UNIT 108?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,858/mo — principal and interest, the actual property-tax bill, the $878/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 3131 PARADOX CIRCLE UNIT 108?+

The association fee works out to $878 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 3131 PARADOX CIRCLE UNIT 108?+

The most recent tax bill on record (2025) was $5,748. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 3131 PARADOX CIRCLE UNIT 108 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 3131 PARADOX CIRCLE UNIT 108?+

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 $369,800, this home is listed about 2% below the Kissimmee median of $379,000. The market section on this page shows how the area is trending.

Which schools are assigned to 3131 PARADOX CIRCLE UNIT 108?+

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

01Zoned 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.

02Water views

The water view is part of what you're buying — views hold value independently of the structure.

03Know the monthly fee

The association fee is $878/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

04Time on market is leverage

136 days on market against a Kissimmee median of 55 — sellers in this position are usually ready to negotiate.

05The price has already moved

Listed at $389,800, now $369,800 — a $20K cut. The full history is in the market section below.

Listing courtesy of DECONOVA INTERNATIONAL REALTY · Jose Collado. MLS #S5146717.

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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