Tiger Road
Poinciana, FL 34759
- – beds
- – baths
- – sqft
- ~3 acre lot
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Feb 27, 2024
•
MLS# O6181454 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/22/24
Feb 22, 2024
|
Listed / Active | STELLAR_MLS | $249,999 | |
|
1/15/24
Jan 15, 2024
|
Listed / Active | STELLAR_MLS |