0 Mediterranean Dr, Poinciana, FL 34759
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.