Price Reduction
Address
Walnut STREET, KISSIMMEE, FL
Price
$ 168,000
Property Attributes
  • MLS#O6130310
  • TypeLand
  • CountyOSCEOLA
  • CityKISSIMMEE
  • AreaKissimmee - Poinciana
  • NeighborhoodPoinciana Village 05 Neighborhood 01
  • Zip34759
  • Style
  • Taxes$ 3509
  • Price$ 168,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.54 Acres
Data Source:
Stellar MLS
Property Description

**Price Update: $168,000 for Expansive 1.54-Acre Land in Poinciana Village 5, Kissimmee, FL** Step into a world of opportunity with this competitively priced 1.54-acre prime land parcel in the lively Poinciana Village 5 NBHD 1, Kissimmee, FL 34759. Now available for $198,000, this expansive property, covering approximately 66,995 square feet, opens the door to limitless possibilities for commercial and residential developments within a burgeoning community. Encased in a tranquil, natural setting, this virgin forest land beckons the innovative spirit of developers. With the benefit of dual-zoning, it's an ideal canvas for a diverse range of projects from vibrant retail spaces to serene residential communities. The potential for residential development is especially appealing, given the nearby average home price of $314,870 in 2022. Located at the strategic junction of Walnut Street and Amiens Road, the property offers excellent visibility and ease of access, crucial for successful commercial projects. Access to essential utilities such as electricity, water, and cable is already in place, paving the way for a smooth development process. The area's demographic forecast is optimistic, with a one-mile radius home to 8,350 people and a median household income of about $46,082. Expand to a five-mile radius, and the population jumps to 61,280, with median incomes rising to approximately $51,639. An anticipated increase in occupied housing units by 2026 underscores a market poised for growth and increasing prosperity. Proximity to educational institutions like Chestnut Elementary, Discovery Intermediate School, and Liberty High School enhances the location's attractiveness to families looking to plant their roots in this vibrant area.

Price History
7/31/2023 Listed $298,000
10/16/2023 17% - $248,800
4/3/2024 21% - $198,000
5/4/2024 16% - $168,000

General Features

Sewer None
Utilities Electrical Nearby,Sewer Nearby,Water Nearby
Zoning OPUD
Tax Year 2022
Current Use Unimproved
Percent Ownership Fee Simple
County Osceola
Property Type Land
Subdivision Name POINCIANA VILLAGE 05 NEIGHBORHOOD 01
Status Active
Directions 1. Go south on I-4 W for 2.3 miles. 2. Take exit 72 for FL-528 E. 3. Stay on FL-528 E for 3.7 miles. 4. Take exit 4 for Consulate Dr. 5. Merge onto Consulate Dr. 6. Turn left onto US-441 N/US-92
City KISSIMMEE
Buyer Agent Compensation 3%
MLS Area 34759 - Kissimmee / Poinciana
Lot Size Square Feet 66995
Waterfront Y/N No
Street Name Walnut
Listing Terms Cash,Conventional,Private Financing Available
Tax Annual Amount 3509
Public Remarks **Price Update: $168,000 for Expansive 1.54-Acre Land in Poinciana Village 5,Kissimmee,FL** Step into a world of opportunity with this competitively priced 1.54-acre prime land parcel in the livel
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6130310
Days on Market 261
Standard Status Active
Legal Description POINCIANA V5 NBD 1 PB 3 PG 144 TRACT D 19/27/29
Water Access Y/N No
Water View Y/N No

Interior Features

Street Suffix STREET
Living Area Units Square Feet

Exterior Features

Water Source None
Lot Size Area 1.538
Lot Dimensions 248 x 248 x 245 x 244 x 19 x 20
Lot Size Acres 1.54
Road Surface Type Asphalt
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34759

Price
AVG $60K
$170K
Taxes
AVG $236
$3,509
Visits
AVG 475
858
Data Provided by Inside Real Estate®

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