$140,000
$148,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
1.75 Acres Lot
SOLD DATE : 06/04/2024
Key Details
Sold Price $140,000
Property Type Vacant Land
Sub Type Unimproved
Listing Status Sold
Purchase Type For Sale
Subdivision Poinciana Village 02 Neighborhood 01
MLS Listing ID O6130316
Sold Date 06/04/24
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $4,742
Lot Size 1.750 Acres
Acres 1.75
Lot Dimensions 223 x 34 x 375 x 177 x 364
Property Description
**Price Update: Now Available for $148,000 - Prime 1.75-Acre Development Site in Poinciana Village, Kissimmee, FL**
Unlock the door to opportunity with this newly priced 1.75-acre development site in the flourishing Poinciana Village, a cornerstone of growth within the Orlando Metro Area. Presenting an unparalleled opportunity at an inviting price of $148,000, this land parcel, designated by Folio Number 25-26-28-6100-000A-0010, is poised at the strategic intersection of Laurel Avenue and Monterey Road. This location is a beacon of potential, promising significant development momentum.
Spanning an impressive 1.75 acres (approximately 76,186 square feet), the property offers a verdant, natural setting that opens up endless possibilities for commercial, residential, and retail projects. With the local residential market on the rise, showcasing an average home price of $304,305, the site represents a prime canvas for lucrative residential developments.
The area's robust demographic profile, highlighted by 2021 population estimates of 11,558, 38,773, and 86,043 within 1, 3, and 5-mile radii respectively, mirrors a dynamic and youthful community. Median ages range from 33.5 to 37.0 years, accentuating the vibrant, energetic character of the locale. Moreover, with average household incomes between $58,322 and $65,278, there's a strong, thriving consumer base for new commercial endeavors.
Ready access to essential utilities such as electricity, water, and cable ensures a seamless development journey. Projected increases in occupied housing units by 2026 further highlight the site's vast potential.
The proximity to reputable educational institutions including Deerwood Elementary, Poinciana Academy of Fine Arts, and several others, boosts the area's family-friendly appeal, making it an ideal setting for residential projects. Additionally, its closeness to top employers and attractions like HCA Florida Healthcare, Publix Supermarket, The Walt Disney Company, and various recreational spots enhances the location's desirability.
Capitalizing on this exceptional investment opportunity in one of Orlando Metro's rapidly expanding neighborhoods will significantly enhance your development portfolio. With seller financing available, this is an optimal moment to advance your acquisition strategy in Central Florida's dynamic real estate landscape.
Location
State FL
County Osceola
Community Poinciana Village 02 Neighborhood 01
Zoning OPUD
Exterior
Utilities Available Cable Available, Electrical Nearby, Water Nearby
Waterfront false
Building
Lot Size Range 1 to less than 2
Sewer None
Water None
Construction Status No Contingency
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with CORCORAN PREMIER REALTY
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