Historical Land Sale Listing - Poinciana Phase 1 - Apartment Site

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Poinciana Phase 1 - Apartment Site

Poinciana Parkway & Merigold, Poinciana, FL 34759

N/A

25 AC | Land

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Land - Off Market

Price:
N/A
Lot Size:
25 AC
Total Lot Size:
25 AC
Property Type:
Land
Property Sub-type:
Multifamily (land)
APN / Parcel ID:
282801934670000002
Zoning Description:
Multi-Family
Listing ID
15254380
Last Updated
over 1 year ago

Description

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)

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