$2,250,000
409 Fountainhead Circle
Kissimmee, FL 34741
Listing updated: May 21, 2026 at 12:52 PM ET
Listing courtesy of Florida Realty Investments · Tito Urbano Perez · MLS #TB8430923 · Active · 407-207-2220Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Bella Vista Condos, is a stabilized 12-unit condominium portfolio located at 409 Fountainhead Circle, Kissimmee, Florida 34741. Units are located in separate buildings inside the apartment complex. Located just 10 miles from Walt Disney World Resort (about a 15 minute drive). This close proximity positions the property to attract a steady rental base from the region’s thriving workforce tied to the tourism, hospitality, and service industries. Additionally, residents benefit from easy access to world-class entertainment, shopping, and dining that make the Kissimmee/Disney corridor one of the most dynamic residential markets in Florida. Built in 1988, Bella Vista Condos consists of 12 individually owned condo units across a larger mid-rise development, totaling 10,652 rentable square feet. The portfolio features a balanced unit mix of 1, 2, and 3-bedroom units. All units are outfitted with central AC and screened-in patios or balconies. Tenants are responsible for electric (separately metered), while water and trash service are included in HOA Fees. Landlord recovers costs via a utility recovery fee. The property sits on a sizable 16.6-acre community, providing residents with open space and shared amenities including a tennis court, swimming pool, playground, and more. The property is also minutes from Downtown Kissimmee, The Loop Shopping Center, and major commuter routes like US-192 and the Florida Turnpike, enhancing convenience for working professionals.
Local Insight
At $211/sqft for a 20-bed multifamily on just 0.17 acres with minimal HOA fees, this is positioned for vacation rental or theme park worker housing rather than traditional residential—the tight lot and condo structure mean you're buying cash flow potential and Kissimmee's built-in demand, not land or customization upside. The 1988 build date and dense unit count warrant a close inspection on deferred maintenance and structural condition, since major repairs could quickly erode the per-unit economics that make the price appealing. The water view and private pool are marketing strengths, but verify flood insurance costs even in Zone X, and understand that turnover and seasonal occupancy volatility are baked into this property type in this market.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history239 days on market
- Status: ActiveSep 24, 2025
- Listed$2,300,000Sep 24, 2025
- Price reduced$2,250,000
Facts & features
- Property type
- Residential Income
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 239
- Subdivision
- Bella Vista Condo
- County
- Osceola
- Year built
- 1988
- Living area
- 10,652 sq ft
- Price/sq ft
- $211
- Lot size
- 7,496 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X* (12097C0066G)
- Pool
- Private pool
- Annual taxes
- $25,208 (2024)
- Parcel #
- 16-25-29-1039-0005-2330
- Zoning
- X
- MLS #
- TB8430923
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Interior Details
- Bedrooms
- 20
- Interior features
- Open Floorplan
- Laundry
- Other
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- HOA fee
- $320 / Annually
- Monthly HOA
- $27/mo
- Total monthly fees
- $27/mo
- Total annual fees
- $320
- HOA name
- BELLA VISTA LAKE CONDOMINIUM ASSOCIATION, INC.
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Outdoor Grill, Tennis Court(s)
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Private pool
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK
Listing Details
- Listing date
- 2025-09-24
- On market date
- 2025-09-24
- Original list price
- $2,300,000
- MLS area
- 34741 - Kissimmee (Downtown East)
- Listing AOR
- Orlando Regional
- Status changed
- 2025-09-24
- Tax legal description
- BELLA VISTA A CONDO CB 9 PG 93-113 OR 3156/106 BLDG 5 UNIT 233
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Westbound on W Columbia Ave. Property will be on the right.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of May 21, 2026 at 12:52 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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