Eric Chery
Short-Term Rental Eligible
$342,9003 bd2.5 ba1,680 sqft$204 /sqft$3,094 /mo all-in ↓

7921 SPECTRUM DRIVE, KISSIMMEE, FL, 34747

Active10 days on marketListed Jul 24, 2026MLS #O6427668

Priced 14% below the KISSIMMEE 34747 medianNew constructionTownhouseSPECTRUM AT REUNION PH 2

About this home

7921 SPECTRUM DRIVE

New Construction! Don't miss out on great pricing! Exceptional Location across from the Reunion Waterpark inside exclusive Reunion Guard-Gated Community. Beautiful open floorplan with natural light throughout the home. The spacious living area, kitchen, living and dining areas have porcelain tile and vinyl planking flooring on 2nd floor stairs and hallway. Upstairs, all three bedrooms provide comfort with a conveniently located laundry room. This home is unfurnished. The residents enjoy access to an unparalleled lineup of world-class amenities, including three Championship golf courses, Jack Nicklaus, Arnold Palmer and and Watson, a fitness center, a 5 acre water park, lazy river with 7 swimming pools, a tennis center, miniature golf, pickleball courts, and many choices of on-site restaurants. Just 10 minutes from Disney Parks and 20 minutes from Universal Studios. This home offers an unbeatable central location with easy access to major highways like I-4, 417, and 429. Flexible terms: primary residence, or long-term rental, or a short-term vacation rental. Video and photos with furniture is the model and not same property address. Furniture is not included in this purchase.

Facts & features

The home at a glance

3

Bedrooms

2.5

Bathrooms

1,680

Sqft

0.03 ac

Lot size

1

Garage

2025

Year built

Two

Levels

$204

Per sqft

Trees/Woods view

Inside

FlooringCarpet · Ceramic Tile
AppliancesCooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Ice Maker · Microwave · Range · Refrigerator · Washer
InteriorHigh Ceilings · Living Room/Dining Room Combo · Open Floorplan · Thermostat · Walk-In Closet(s)
LaundryLaundry Closet · Upper Level
CoolingCentral Air
HeatingBaseboard · Central · Electric · Heat Pump

Outside & construction

RoofConcrete · Metal · Shingle
ConstructionConcrete · Stucco · Vinyl Siding · Wood Frame
FoundationBlock · Slab
ViewTrees/Woods
FacesWest
ParkingDriveway · Guest
ExteriorIrrigation System · Playground · Sliding Doors

Community & fees

HOA fee$434/mo
Taxes (2025)$3,953/yr
PetsCats OK, Dogs OK, Number Limit
CommunityBuyer Approval Required · Clubhouse · Community Mailbox · Fitness Center · Gated Community - Guard · Golf Carts OK · Golf · No Truck/RV/Motorcycle Parking · Park · Playground · Pool · Restaurant · Tennis Court(s) · Wheelchair Access

Utilities & systems

UtilitiesBB/HS Internet Available · Cable 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.

$3,094 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,019
FHA mortgage insurance (est.)$152
Property tax — 2025 actual bill$329
HOA fee — from the listing$434
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $12,002Loan30-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% · $12,002
Interest rate6.00%
Loan term

Estimated payment

$3,094/mo

Principal & interest$2,019
FHA mortgage insurance (est.)$152
Property taxes (actual bill)$329
HOA / condo fee$434
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 $343K
$329KedgeAI estimate $393,693 · range $349K$417K$434K

vs edgeAI estimate

−12.9%

$/sqft vs Kissimmee actives

$204 vs $207

Days on market

10 vs 51 typical

Where $204/sqft sits among the 400 Kissimmee actives

89
124 · this home
92
46
19
30
$152–181$181–209$209–238$238–267$267–295$295+

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 Reunion, 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
CommunityReunion
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 price7.3%
Homes for rent right now953

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

Where it sits

Inside Reunion

Map of 7921 SPECTRUM DRIVE inside its neighborhood boundary

Drive times from this address

Walt Disney World19 min
Universal Orlando30 min
Downtown Orlando36 min
Orlando Int’l Airport (MCO)40 min
Downtown Tampa67 min

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

Reunion is a short-term-rental community. See the full guide →

Reunion — neighborhood snapshot

Population

842

Median age

38

Median income

$94,766

Median home value

$343,600

Avg household

3

Households w/ children

94%

For the school run

Osceola County School District

HighPoinciana High School★★★★★
ElementaryReedy Creek Elementary School★★★★★
MiddleHorizon Middle 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$355K

Kissimmee median sold, yr/yr

97.3%

Sale-to-list ratio (12 mo)

168 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 14% below the KISSIMMEE 34747 median. See the full Kissimmee market guide →

Paper trail

This home's history

Jul 24, 2026Listed at $342,900 · 10 days on market since
2025Built · SPECTRUM AT REUNION PH 2

Reality check

What actually sold near 7921 SPECTRUM DRIVE

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

1228 ROYAL VIEW TERRACESold · Nov ’25

$410,000

1228 ROYAL VIEW TERRACE · same community

3 bd · 2.5 ba · 1,680 sqft · $244/sqft · 0 DOM

7869 SPECTRUM DRIVESold · Apr ’26

$350,000

7869 SPECTRUM DRIVE · same community

3 bd · 2.5 ba · 1,704 sqft · $205/sqft · 110 DOM

7873 SPECTRUM DRIVESold · Apr ’26

$350,000

7873 SPECTRUM DRIVE · same community

3 bd · 2.5 ba · 1,708 sqft · $205/sqft · 0 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.

Eric Chery

Your agent

Eric Chery

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 7921 SPECTRUM 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 7921 SPECTRUM DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Eric's phone and CRM.

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Goes straight to Eric’s phone and CRM.

Straight answers

7921 SPECTRUM DRIVE FAQs

What would the monthly payment be for 7921 SPECTRUM DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,094/mo — principal and interest, the actual property-tax bill, the $434/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 7921 SPECTRUM DRIVE?+

The association fee works out to $434 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 7921 SPECTRUM DRIVE?+

The most recent tax bill on record (2025) was $3,953. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 7921 SPECTRUM DRIVE be rented short-term?+

Yes — this home sits inside Reunion, 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 7921 SPECTRUM DRIVE?+

The listing reports pets: Cats OK, Dogs OK, Number Limit. 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 $342,900, this home is listed about 10% below the Kissimmee median of $379,000. The market section on this page shows how the area is trending.

Which schools are assigned to 7921 SPECTRUM DRIVE?+

Poinciana High School (high), Reedy Creek Elementary School (elementary), Horizon Middle School (middle) — Osceola County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Under the KISSIMMEE 34747 market on paper

$342,900 is 14% below the KISSIMMEE 34747 median of $399,900, and at $204/sqft it sits under the Kissimmee average of $216.

02Zoned for nightly rentals

Reunion 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.

03Trees/Woods views

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

Listing courtesy of AAA GLOBAL VENTURES PA · Lauren Arcaro. MLS #O6427668.

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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