Tiger ROAD
Poinciana, FL, 34759 $ 249,999
Baths0.0 Monthly Estimate*
$ 1,662
Studio
for $249,999. The lot size is 2.52.
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.
See more
FeaturesGeneralSewer 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 Y
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%
Association Name Rosaida Morales
View Y/N No
MLS Area 34759 - Kissimmee / Poinciana
Lot Size Units Acres
Lot Size Square Feet 109884
Waterfront Y/N No
Street Name Tiger
Tax Annual Amount 398.34
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6181454
Days on Market 1
Building Area Units Square Feet
Living Area Units Square Feet
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
Flood Zone Code X
See more
ExteriorVegetation Trees Wooded
Water Source None
Lot Size Area 2.5226
Lot Dimensions 606 x 325 x 510
Street Suffix ROAD
Lot Size Acres 2.52
Road Surface Type Asphalt
See more
* Excluded FeaturesList ByCorcoran Premier RealtyBroker
aj.lash@corcorangroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,662
- Monthly Property Taxes
- $33
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Poinciana, FL
Average List Price $59,945
Percent of Sale Price 76%
About Poinciana, FL 67,370 Population
268% Since 2002
$ 40,753 Median Income
37.96 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/23/2024 | $249,999 | | Listed Price |