Oak Island, Kissimmee FL
More Real Estate Statistics
As of 5:20am on November 12th 2019, there are 2 active combined residential listings (houses, townhomes and condominiums if any) in Oak Island, Kissimmee FL. The current range of prices in Oak Island, Kissimmee FL is $345,000 to $360,000. With the average price of homes for sale being $352,500.
In the past six months there have been 8 combined residential listings sold in Oak Island, Kissimmee FL. The average number of days on the market is 51 and the achieved percentage by sellers from listing price has been 97% while the average price per square foot hovers at $164/sqf.
With the current market activity, Oak Island, Kissimmee FL has an absorption rate of 1 sales per month which with the current inventory gives us a 2 month supply of properties for sale. A healthy supply of inventory is 6 months, if the supply is higher we have a buyer's market, if the supply is lower we have a seller's market. Before you buy or sell a property in Oak Island, Kissimmee FL make sure you get in touch with us so that we can better explain to you these statistics, as well as the full market outlook. This will ensure you are making an educated decision with what may be one of the biggest investments of your life.
- Zip Code34747
- Lowest Price$345,000
- Highest Price$360,000
- Average Price$352,500
- Property TypesHomes
- Year Established1994
Distances To Attractions
- Disney3.97 miles
- Airport19.76 miles
- Universal13.31 miles
Oak Island Homes for Sale and Real Estate
Oak Island is a Vacation Home community in Kissimmee Florida which offers housing villas located just 5 minutes away from Walt Disney World, and very close to other main Orlando attractions. Many owners are selling their homes fully furnished and at great prices so buying at Oak Island now is definitely something to be considered.
Oak Island is Situated in the Formosa Gardens Area
The Formosa Gardens area offers easy access to Disney, many shopping plazas, restaurants, attractions and much more. It is famously known for housing luxurios Orlando holiday rental homes as well as luxury vacation homes for sale. Oak Island Cove at Formosa Gardens is located less than 2 minutes from the Formosa Gardens shopping plaza, US Route 192 and many other area venues.
Various excellent restaurants are situated at Formosa Gardens, including Outback Steak Home, Red Lobster, Giordano’s Chicago Pizza, Subway in addition tops shops, and much more.
Oak Island is Right Next to All of the Magic
So you are very near to all the magic of Walt Disney World. Being one of the communities that structure Formosa Gardens, Oak Island Cove is quickly becoming one of the most desired communities in the area. This is due to its prices and low homeowners association costs. Some people chose Oak Island as a primary residence but most prefer it as an affordable community where to buy a fully featured vacation villa close to Disney World.
Oak Island Offers homes with many floor plans
Homes feature 3, 4 and 5 bedrooms with at least 1800 square feet of living space and some even offering over 2500sqf. Most homes come with pool and spa, spacious living areas and open layouts. Some homes also come fully furnish and offer games room, all kitchen utensils, TV’s in every room and much more. Others come with pond views and privacy in the back.
Low Homeowner Fees Due to Lack of Amenities
The community of Oak Island is not gated but the area offers good security and most people usually install alarm systems to help them feel at ease. People choose Oak Island because it is very close to Disney and area attractions, plus it offers a lot home for the money. So if that sound like what you are looking for then take a look at some of the amazing properties offered at Oak Island and find your perfect vacation home or primary residence minutes from Disney World.