$123,500
$128,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
1.54 Acres Lot
SOLD DATE : 06/11/2024
Key Details
Sold Price $123,500
Property Type Vacant Land
Sub Type Unimproved
Listing Status Sold
Purchase Type For Sale
Subdivision Poinciana Village 05 Neighborhood 01
MLS Listing ID O6130310
Sold Date 06/11/24
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $3,509
Lot Size 1.540 Acres
Acres 1.54
Lot Dimensions 248 x 248 x 245 x 244 x 19 x20
Property Description
**Price Update: $128,000 for Expansive 1.54-Acre Land in Poinciana Village 5, Kissimmee, FL**
Step into a world of opportunity with this competitively priced 1.54-acre prime land parcel in the lively Poinciana Village 5 NBHD 1, Kissimmee, FL 34759. Now available for $128,000, this expansive property, covering approximately 66,995 square feet, opens the door to limitless possibilities for commercial and residential developments within a burgeoning community.
Encased in a tranquil, natural setting, this virgin forest land beckons the innovative spirit of developers. With the benefit of dual-zoning, it's an ideal canvas for a diverse range of projects from vibrant retail spaces to serene residential communities. The potential for residential development is especially appealing, given the nearby average home price of $314,870 in 2022.
Located at the strategic junction of Walnut Street and Amiens Road, the property offers excellent visibility and ease of access, crucial for successful commercial projects. Access to essential utilities such as electricity, water, and cable is already in place, paving the way for a smooth development process.
The area's demographic forecast is optimistic, with a one-mile radius home to 8,350 people and a median household income of about $46,082. Expand to a five-mile radius, and the population jumps to 61,280, with median incomes rising to approximately $51,639. An anticipated increase in occupied housing units by 2026 underscores a market poised for growth and increasing prosperity.
Proximity to educational institutions like Chestnut Elementary, Discovery Intermediate School, and Liberty High School enhances the location's attractiveness to families looking to plant their roots in this vibrant area.
Location
State FL
County Osceola
Community Poinciana Village 05 Neighborhood 01
Zoning OPUD
Exterior
Utilities Available Electrical Nearby, Sewer Nearby, Water Nearby
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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