Property profile

0 Mediterranean Dr Poinciana, FL 34759

OFF-MARKET
Land
8.5 ac lot
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Property summary

AI-generated overview

Exceptional 8.5-acre residential land opportunity in Poinciana, Florida, priced at $550,000. This property, located on Mediterranean Drive, Polk County (zip code 34759), is zoned Residential Low (RL-4x), allowing for the construction of up to 21 single-family detached homes (5 DU/AC). The land is served by the Toho Water Authority, providing access to water and wastewater lines. Permitted uses also include general farming and Class I utilities. A preliminary site plan and due diligence materials are available. This rapidly growing area boasts over 50 new homes within a 1-mile radius, over 250 within 3 miles, and over 600 within a 5-mile radius, indicating strong market demand. Conveniently located near Lake Marion, medical facilities, Walmart, Southport Plaza, Poinciana Lakes Plaza, restaurants, schools, and major attractions like Disney and Universal Studios. This is an ideal location for developers seeking to capitalize on the thriving housing market. Start building homes in this prime Kissimmee community today.

Property profile

Verified
Property type Land
Lot 8.5 ac (370,260 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Mediterranean Dr Poinciana, FL 34759
Poinciana metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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