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Tiger Road,  Poinciana FL, 34759

(Active)
$249,999
|
|
MLS# O6181454
Last Updated: 5/16/2024 4:52 PM
Description for Tiger Road Poinciana, FL 34759
Unveiling a Gem in Poinciana, FL: A 2.52 Acre Land Parcel with Promising PotentialLocated 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
$249,999
POINCIANA NBRHD 03 VILLAGE 03
Polk
O6181454
Active
Description
Unveiling a Gem in Poinciana, FL: A 2.52 Acre Land Parcel with Promising PotentialLocated 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.
Listing Information
Property Type: Land, Other
2.52 Acres
27//
POINCIANA NBRHD 03 VILLAGE 03
None
None
Water Available
Residential
Neighborhood
Room Information
Exterior / Lot Features
606X325X510
Front - 606
Wooded
Driving 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 left onto FL-535 S and proceed for 2.9 miles. 4. **Right on N Poinciana Blvd: Make a right turn onto N Poinciana Blvd, travel for 2.4 miles. 5. **Stay on N Poinciana Blvd: Keep right to stay on N Poinciana Blvd for 12.5 miles. 6. **Right onto Pleasant Hill Rd: Turn right onto Pleasant Hill Rd and continue for 0.4 miles. 7. **Continue on Pleasant Hill Rd: Keep right to continue on Old Pleasant Hill Rd/Pleasant Hill Rd for 0.1 miles. 8. **Onto Cypress Pkwy: Continue onto Cypress Pkwy for 0.8 miles. 9. **Left onto Cypress Dr: Make a left turn onto Cypress Dr and proceed for 0.1 miles. 10. **Right onto Country Club Rd: Turn right at the 1st cross street onto Country Club Rd and continue for 1.3 miles. 11. **Onto Tiger Rd: Continue onto Tiger Rd. Your destination will be on the left aft
Financial Considerations
$302 Annually
28-27-24-934010-000017
$398
Cash, Conventional
Listing Price History

Poinciana Real Estate

Poinciana is located in Florida. Poinciana, Florida 34759 has a population of 74,751.

The median household income in Poinciana, Florida 34759 is $52,293. The median household income for the surrounding county is $52,989 compared to the national median of $66,222. The median age of people living in Poinciana 34759 is 41 years.

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Courtesy: CORCORAN PREMIER REALTY, 407-965-1155


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/16/2024 4:52 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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