Address
Tiger ROAD, POINCIANA, FL
Price
$ 249,999
Property Attributes
- MLS#O6181454
- TypeLand
- CountyPOLK
- CityPOINCIANA
- AreaKissimmee - Poinciana
- NeighborhoodPoinciana Nbrhd 03 Village 03
- Zip34759
- Style
- Taxes$ 398
- Price$ 249,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2.52 Acres
Data Source:
Stellar MLS
Property Description
Unveiling a Gem in Poinciana, FL: A 2.52 Acre Land Parcel with Promising Potential Located in the heart of Poinciana, FL, this 2.52-acre land parcel offers an unparalleled investment opportunity amidst a flourishing real estate market. Positioned within the Poinciana Subdivision Neighborhood 3 Village 3, this property is not just a piece of land; it's a blank canvas for visionary development, backed by compelling market dynamics and growth indicators. Market Overview and Investment Appeal: Robust Market Dynamics: The Poinciana real estate market has demonstrated remarkable resilience and growth, with the January 2024 data highlighting a significant uptrend. With 101 closed sales, the area surpasses its five-year November average of 165 sales, indicating a robust and active market conducive to new developments. Ascending Property Values: The average sales price of homes in Poinciana has seen a substantial rise to $300,667, up from the five-year November average of $232,318. This upward trajectory is mirrored in the December 2023 average sales price of $309,988, underscoring the area's appreciating property values and the potential for high returns on investment in land development. Competitive Market Positioning: With an average sale to original list price ratio of 97%, closely aligning with the regional norm, investments in this area are poised for solid gains. The property's strategic positioning enhances its value proposition, promising lucrative opportunities for residential or commercial projects. Increasing Demand and Limited Supply: With 357 active listings, compared to the five-year December average of 298 listings, the demand for quality real estate in Poinciana is evident. This parcel, offering 2.52 acres of prime land, represents a rare opportunity to meet the growing demand in a market with limited supply. Favorable Construction and Development Metrics: The average price per square foot in the area stands at $121 as of December 2023, reflecting a 10.7% increase from the previous month. This metric not only highlights the area's economic vitality but also accentuates the potential for a sound investment with substantial growth prospects. Strategic Location and Development Flexibility: This land parcel is uniquely positioned on Tiger Road, offering extensive frontage and accessibility. Zoned for a broad range of uses and with utilities like electrical services nearby, it presents a versatile development opportunity. Whether the vision is to create a bespoke residential enclave, a commercial hub, or a mixed-use development, this property provides the perfect foundation. Community and Lifestyle Advantages: The Poinciana community is known for its vibrant lifestyle and comprehensive amenities, including a fitness center, park, playground, pool, recreation facilities, and tennis courts. These community features not only enhance the quality of life but also add intrinsic value to any development on this land. Conclusion: In a market characterized by strong sales activity, appreciating property values, and robust demand, this 2.52-acre parcel in Poinciana stands out as an exceptional investment opportunity. With its strategic location, development flexibility, and the backdrop of a thriving real estate market, it represents a compelling proposition for builders, developers, and investors alike.
| Price History | |
|---|---|
| 2/23/2024 | Listed $249,999 |
General Features
| Sewer | None |
|---|---|
| Utilities | Electrical Nearby,Water Available |
| HOA | 302 |
| Pets Allowed | Yes |
| Tax Year | 2023 |
| Current Use | Residential |
| Percent Ownership | Fee Simple |
| Assoc Fee Paid Per | Annually |
| County | Polk |
| Property Type | Land |
| Association Amenities | Fitness Center,Park,Playground,Pool,Recreation Facilities,Tennis Court(s) |
| HOA / Comm Assn | Yes |
| Subdivision Name | POINCIANA NBRHD 03 VILLAGE 03 |
| Status | Active |
| Directions | 1. **Start on I-4 W: Head south on I-4 W for approximately 5.9 miles. 2. **Exit 68: Use the right 2 lanes to take exit 68 towards Kissimmee. Continue for about 0.3 miles. 3. **Onto FL-535 S: Slight |
| City | POINCIANA |
| Buyer Agent Compensation | 3% |
| MLS Area | 34759 - Kissimmee / Poinciana |
| Lot Size Square Feet | 109884 |
| Waterfront Y/N | No |
| Street Name | Tiger |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 398.34 |
| Public Remarks | Unveiling a Gem in Poinciana,FL: A 2.52 Acre Land Parcel with Promising Potential Located in the heart of Poinciana,FL,this 2.52-acre land parcel offers an unparalleled investment opportunity amid |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6181454 |
| Days on Market | 1 |
| Standard Status | Active |
| Legal Description | POINCIANA NEIGHBORHOOD 3 VILLAGE 3 PB 52 PGS 19-31 TRACT D |
| Water Access Y/N | No |
| Monthly HOA Amount | 25.17 |
| Water View Y/N | No |
Interior Features
| Street Suffix | ROAD |
|---|---|
| Living Area Units | Square Feet |
Exterior Features
| Water Source | None |
|---|---|
| Lot Size Area | 2.5226 |
| Lot Dimensions | 606 x 325 x 510 |
| Lot Size Acres | 2.52 |
| Road Surface Type | Asphalt |
| 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 May 15, 2024 11:39 AM UTC
