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    OFF-MARKET
    Land

    0 Laurel Ave, Poinciana, FL 34759

    19.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 19.7-acre wooded property presents a remarkable opportunity for residential development in the desirable Poinciana, Florida area. Located in unincorporated Polk County, this site boasts convenient access to essential amenities and infrastructure. The property is situated adjacent to Laurel Avenue Elementary School, enhancing its appeal for families. Within a half-mile radius, residents will find a Family Dollar and a 7-Eleven convenience store, providing everyday necessities. Furthermore, Lake Marion Middle School is just 1.9 miles away, and the expansive Poinciana Community Park at Lake Hatchineha Road is a short 3.3-mile drive. The property features an estimated 11 acres of developable upland, offering significant potential for single-family or multi-family housing. Preliminary discussions with Polk County Planning Staff suggest a positive outlook for a land-use change to accommodate residential development, given the site's proximity to existing infrastructure and amenities. Water and sewer services will be provided by the TOHO Water Authority. The wetlands bordering Lake Marion Creek offer a unique opportunity to incorporate a nature trail into the development, adding a desirable amenity for future residents. The asking price for this exceptional property is $850,000. The parcel numbers are 282802000000024040, 282802000000024020, and 282802000000024010. The property is zoned for single or multi-family residential use. This is a truly exceptional opportunity to acquire a large, well-located parcel of land with significant development potential.

    Property profile
    Verified
    Property type Land
    Lot 19.7 ac (858,132 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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