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Poinciana Phase 1 - Apartment Site
Poinciana Parkway & Merigold, Poinciana, FL 34759
25 AC | Land
Land - Off Market
- Lot Size:
- 25 AC
- Total Lot Size:
- 25 AC
- Property Type:
- Property Sub-type:
- Multifamily (land)
- APN / Parcel ID:
- Zoning Description:
- Listing ID
- Last Updated
- over 1 year ago
This is a mixed use planned development opportunity consisting of approximately 1132 acres with wetland preservation allowing for an eco friendly natural greenbelt effect to the surrounding development, permitting the developer or builder premiums for these lots.
The property is divided into two separate communities and can lend itself to regular housing and or retirement. The current plans call for 2,000 residential units with ability to go as high as 2400 units. The development has been approved in the Poinciana DRI and allows up to 500,000 square feet of commercial development. Permits are near completion and this project could be developed and underdevelopment by early 2008.
The property is located on Poinciana Parkway just south of Solivita, an Avatar retirement community with amenities including golf, tennis and shopping which caters to the active adult lifestyle. This property and all of the Avatar' s developments are in the Poinciana area which is an area that has been ranked within the top 5 in sales in the country.
The proximity to Walt Disney World, Sea World, Universal Studios, Orlando International Airport as well as other large employment centers has been a large factor in the great deal of success this area has had in addition to extended and future growth.
There is also a new road under construction called the Parker Highway opening in 2009. This will further enhance transportation to the area reducing commute times to Orlando which is 40 miles away to a reasonable 30 minute drive and access to Disney in approximately 15 minutes. The property is also located just south of the Osceola County line in Polk County Florida which enjoys much lower impact fees than the neighboring counties and is considered to be one of the fastest growing counties in Florida.
Map of Poinciana Parkway & Merigold, Poinciana, FL 34759 (Osceola County)
Research for Poinciana Parkway & Merigold, Poinciana, FL 34759 (Polk County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P