Home in 2948 Penelope Loop Kissimmee for sale with MLS# O6446489

Save Big: 1% lender credit (based on loan amount) toward closing costs or rate buy-down with seller's preferred lender. Ask for details! | FULLY FURNISHED INVESTMENT OPPORTUNITY IN THE COVE AT STOREY LAKE! This spacious 6 bedroom, 6 bathroom pool home sleeps 16 people and offers an exceptional combination of resort-style living and a proven track record as a successful vacation rental. Future bookings are already scheduled and can be transferred to the new owner if the current management company is kept in place. Documentation indicates that OVER $130,000 IN GROSS RENTAL REVENUE has been generated in the last 12 months, providing an opportunity for rental income to start from day one. Designed to comfortably accommodate large groups, the home offers an abundance of living and entertaining space. The flexible floor plan features a theater with the addition of a bonus room downstairs which functions as a bedroom sleeping up to four and a spacious loft upstairs, providing multiple areas for guests to gather, relax, play, or entertain. Step outside to your own private Florida retreat featuring a paver lanai, screened pool and spa, and peaceful views of the conservation area behind the home. With no immediate rear neighbor, guests can enjoy additional privacy while relaxing poolside after a day at Central Florida's attractions. Located within The Cove at Storey Park, owners and guests enjoy access to an impressive collection of resort style amenities, including community pools, lazy river, hot tub, water slide, splash park, fitness center, basketball and volleyball courts, tiki bar, and more. Mini golf and kayaking are also available for an additional fee. The gated resort community provides 24-hour controlled access and is conveniently located near Walt Disney World, Universal Orlando, shopping, dining, grocery stores, and other Central Florida attractions. This property has a strong vacation rental history, boasting a guest rating of 4.92 out of 5 based on reviews. Whether you are looking for an income-generating vacation rental, a second home close to Orlando's attractions, or a spacious Florida retreat with resort-style amenities, this home offers the ideal combination for today's vacation home buyers.

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2948 Penelope Loop, Kissimmee, FL 34746

Price
Price:
$730,000.00
Original List Price:
$730,000.00
List Price per Sq Ft (Calculated, Approx.):
$194.15
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Previous Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
O6446489
Rooms Distribution
Bedrooms:
6
Bathrooms Total:
6
Full Bath:
6
Additional Rooms:
Inside Utility, Loft, Bonus Room, Media Room
Measures
Living Area:
3,760 Sqft
Built-Up Area:
4,099 Sqft
Lot Area:
5,663 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Features:
Paved, Sidewalk, Conservation Area, Landscaped
Lot Size Acres:
0.13
Property Features
View from the Property:
Trees/woods
Waterfront:
No
Private Pool
Swimming Pool Features:
In Ground, Screen Enclosure, Child Safety Fence
Spa
Spa Features:
In Ground
Security:
Gated Community
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Water Heater
Interior:
Eat-in Kitchen, Ceiling Fans(s), Kitchen/family Room Combo, Open Floorplan, Stone Counters, Thermostat, Window Treatments, Primarybedroom Upstairs
Exterior:
Sidewalk, Rain Gutters
Patio and Porch:
Patio, Screened, Covered, Rear Porch
Windows:
Blinds
Laundry:
Washer Hookup, Inside, Laundry Room, Electric Dryer Hookup
Air Conditioning System:
Central Air
Heating System:
Central
Vegetation and Trees:
Trees/landscaped, Mature Landscaping
Property Entrance Faces:
Southeast
Water View
Water View Details:
Canal
Construction
Year Built:
2022
Roof:
Shingle
Architectural Style:
Other
Levels:
Two
Construction Materials:
Block, Stucco
Flooring:
Carpet, Tile
Foundation Details:
Slab
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$12,678.00
Tax Year:
2025
Association Fee:
$304.25
Association Fee Frequency:
Monthly
Other Fees Amount:
$264.00
Other Fees Frequency:
Monthly
Total Annual Fees:
$6,819.00
Total Monthly Fees:
$568.25
Tax Other Annual Assessment Amount:
2281
Parking
Parking Features:
Guest, Open, Ground Level
Utilities
Sewer:
Public Sewer
Utilities Available:
Underground Utilities, Electricity Connected, Sewer Connected, Water Connected, Public, Cable Connected
Water Source:
Public
Community
Association
Minimum Lease Term:
No Minimum
Pets Allowed?
Amenities Provided by the Homeowner's Association (HOA):
Pool, Clubhouse, Recreation facilities, Playground, Fitness Center, Recreation Facilities, Trail(s), Gated, Park, Fence Restrictions
Subdivision Name:
COVE AT STOREY LAKE 4
Community Features:
Clubhouse, Sidewalks, Fitness Center, Street Lights, Park, Pool, Playground, Restaurant, Irrigation-reclaimed Water, Deed Restrictions, Community Mailbox, Gated Community - Guard
Association Fee Includes:
Common Area Taxes, Pool, Recreational Facilities
Senior Community:
No
Association Fee Required:
Required
Community Development District CDD
Planned Unit Development
Association Management:
The Icon Management / Sheila Nohar
Association Phone:
321-999-7646
Terms
Listing Terms Considered by Seller:
Cash, Conventional, VA Loan
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow
Lease Considered:
Yes
Zoning and Legal
Tax Legal Description:
COVE AT STOREY LAKE 4 PB 30 PGS 18-35 LOT 336
Real Estate Folio Number (Parcel Number):
07-25-29-5178-0001-3360
Zoning:
RES
Title to the property is held by owner as:
Fee Simple
Listing History
Originally published on:
October 2, 2026 8:52 pm
Active on the market since:
October 2, 2026
Listing Agreement executed on:
October 2, 2026
Purchase Contract Date:
October 13, 2026
Listing Status Last Changed On:
October 16, 2026 9:44 pm
Photos updated on:
October 2, 2026 9:36 pm
Last Modified:
October 16, 2026 9:45 pm
Additional Information
Courtesy of:
EXP REALTY LLC
Attribution:
888-883-8509
Road Surface Type:
Paved
Location
Street Name:
PENELOPE
Street Number:
2948
City:
KISSIMMEE
State:
Florida
Zip Code:
34746
County:
Osceola
Latitude:
N28° 20' 3.1''
Longitude:
W82° 32' 43.9''
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $67,677
Median Home Value $328,500
Median Rent $1,793/mo
Median Age 37
Population 57,181
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. 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. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House information, if any, 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 or agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS and as amended from time to time. Some IDX listings have been excluded from this website. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Based on information submitted to MLS GRID as of October 16, 2026, 9:45 PM.