• Walnut Street POINCIANA, FL 34759

  • $698,888
  • 323,612
    Sq Ft
  • 7.43
    Acres
  • Listed By: CORCORAN PREMIER REALTY
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

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.

Property Type :

Land

Subdivision :

Poinciana Nbrhd 03 Village 03

County :

Polk

Style :

Land

Property Details

 

Water Source

WaterSource: None

Lot Information

Lot Dimensions: 428x224x29x646x130x989x96

Lot Square Feet: 323612

Lot Acres: 7.43

Lot Size (SqMt): 30065

Property Information

Property Type: Land

Listing Price Information

Original List Price: $898000

Tax Information

Tax Book Number: 52-19-31

Tax 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

Annual Tax: $507

Tax Year: 2022

Parcel Number: 28-27-24-934010-000019

Utility Information

Cable Available, Sewer Nearby, Water Nearby

Sewer: None

Water Source: None

Location Information

Subdivision: POINCIANA NBRHD 03 VILLAGE 03

City: POINCIANA

Direction: 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. 4. Turn right onto N Poinciana Blvd and proceed for around 2.4 miles. 5. Keep right to stay on N Poinciana Blvd and continue for about 12.5 miles. 6. Turn right onto Pleasant Hill Rd and continue for 0.4 miles. 7. Keep right to continue on Old Pleasant Hill Rd/Pleasant Hill Rd. 8. Continue onto Cypress Pkwy for approximately 0.8 miles. 9. Make a left turn onto Cypress Dr. 10. Make a right at the first cross street onto Country Club Rd and continue for about 1.3 miles. 11. Finally, turn left onto Walnut St and continue for about 0.6 miles.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1216 Atlantic Court, Poinciana, FL,34759 $60,000 -- -- 8,394 0.19 Acre
1321 Hillsborough Lane, Poinciana, FL,34759 $60,000 -- -- 7,614 0.17 Acre
605 Marlin Way, Poinciana, FL,34759 $60,000 -- -- 14,096 0.32 Acre
1501 Mediterranean Drive, Poinciana, FL,34759 $60,000 -- -- 7,000 0.16 Acre
1553 Marlin Drive, Poinciana, FL,34759 $60,000 -- -- 9,601 0.22 Acre
1617 Marlin Drive, Poinciana, FL,34759 $60,000 -- -- 8,520 0.2 Acre
1613 Marlin Drive, Poinciana, FL,34759 $60,000 -- -- 11,060 0.25 Acre
1597 Marlin Drive, Poinciana, FL,34759 $60,000 -- -- 9,609 0.22 Acre
1557 Marlin Drive, Poinciana, FL,34759 $60,000 -- -- 9,601 0.22 Acre
1227 Baltic Drive, Poinciana, FL,34759 $60,000 -- -- 12,240 0.28 Acre

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Based on information submitted to the MLS GRID as of 04/26/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the 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.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 04/26/2024 @ 18:20. 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


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ByOwner last updated this listing 04/26/2024 @ 18:20

MLS: MFRMLS #O6130321
LISTED BY: A.J. Lash, CORCORAN PREMIER REALTY
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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