Address
Walnut STREET, POINCIANA, FL
Price
$ 698,888
Property Attributes
- MLS#O6130321
- TypeLand
- CountyPOLK
- CityPOINCIANA
- AreaKissimmee - Poinciana
- NeighborhoodPoinciana Nbrhd 03 Village 03
- Zip34759
- Style
- Taxes$ 507
- Price$ 698,888
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7.43 Acres
Data Source:
Stellar MLS
Property Description
Unlock the potential of a prime 7.43-acre development site in Poinciana, FL 34759, now available at a newly reduced price. This exceptional parcel, located on Walnut Street, is perfectly positioned for a landmark development project, benefiting from expert zoning for medium-density residential and Planned Unit Development (PUD). With the opportunity to develop up to 52 diverse housing units across single-family homes, townhouses, and assisted living facilities, this site offers a versatile foundation for a range of visionary projects. Situated within a rapidly expanding community, the property boasts an impressive catchment area with a population density of 8,350 residents within a 1-mile radius, escalating to 29,486 within 3 miles, and reaching 61,820 within 5 miles. This strategic location places your investment squarely in the growth trajectory of Poinciana, ensuring visibility and appeal to a broad demographic. The site's proximity to essential amenities further enhances its desirability. It is located approximately 30 miles from the bustling Downtown Orlando and about 20 miles from the internationally renowned Disney World, making it an attractive option for those seeking convenience and entertainment. Additionally, the nearby HCA Florida Poinciana Hospital and esteemed educational institutions like Palmetto Elementary and Chestnut Elementary for Science and Engineering underscore the location's suitability for family-oriented developments. This area is not only characterized by its growing population but also by its economic vitality. With average household incomes ranging from $46,082 within a 1-mile radius to $51,639 within a 5-mile radius, alongside a real estate market experiencing strong growth and increasing home values, this land represents a golden opportunity to meet the burgeoning housing needs in one of Florida's critical growth corridors. Embrace the chance to play a pivotal role in shaping the future of Poinciana. This land offers not just a development opportunity but the chance to be at the forefront of crafting a vibrant community. With its strategic location, zoning flexibility, and economic robustness, now enhanced by a more accessible price point, this parcel is a not-to-be-missed investment for those looking to capitalize on Florida's real estate potential.
| Price History | |
|---|---|
| 7/31/2023 | Listed $898,000 |
| 10/16/2023 | 12% - $798,800 |
| 2/7/2024 | 13% - $698,888 |
General Features
| Sewer | None |
|---|---|
| Utilities | Cable Available,Sewer Nearby,Water Nearby |
| Tax Year | 2022 |
| Current Use | Unimproved |
| Percent Ownership | Fee Simple |
| County | Polk |
| Property Type | Land |
| Subdivision Name | POINCIANA NBRHD 03 VILLAGE 03 |
| Status | Active |
| Directions | 1. Begin by heading south on I-4 W for about 5.9 miles. 2. Use the right two lanes to take exit 68 towards Kissimmee. 3. Make a slight left onto FL-535 S and continue for approximately 2.9 miles. |
| City | POINCIANA |
| Buyer Agent Compensation | 3% |
| MLS Area | 34759 - Kissimmee / Poinciana |
| Lot Size Square Feet | 323612 |
| Waterfront Y/N | No |
| Street Name | Walnut |
| Listing Terms | Cash,Conventional,Private Financing Available |
| Tax Annual Amount | 507 |
| Public Remarks | Unlock the potential of a prime 7.43-acre development site in Poinciana,FL 34759,now available at a newly reduced price. This exceptional parcel,located on Walnut Street,is perfectly positioned for a |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6130321 |
| Days on Market | 235 |
| Standard Status | Active |
| Legal Description | POINCIANA NEIGHBORHOOD 3 VILLAGE 3 PB 52 PGS 19-31 TRACT F LESS THAT PT OF GREENWAY PCL DESC IN OR 3704-773 |
Interior Features
| Street Suffix | STREET |
|---|---|
| Living Area Units | Square Feet |
Exterior Features
| Water Source | None |
|---|---|
| Lot Size Area | 7.4291 |
| Lot Dimensions | 428 x 224 x 29 x 646 x 130 x 989 x 96 |
| Lot Size Acres | 7.43 |
| Road Surface Type | Asphalt,Paved |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 34759
Price
Taxes
Visits
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on April 29, 2024 9:20 AM UTC
