$198,000

Walnut Street, Kissimmee, FL 34759

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$198,000

(50,800) 04/03/2024

Walnut Street Kissimmee, FL 34759

For Sale MLS# O6130310

1.54 AcresLot/Land

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Data current as of 22/04/2024 10:19:14

Details for Walnut Street

MLS# O6130310

Description for Walnut Street, Kissimmee, FL, 34759


**Price Update: $198,000 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.

Listing Information


Property Type: Lot/Land

Status: Active

Lot Size: 1.54 Acres

Subdivision: Poinciana Village 05 Neighborhood 01

Current Use: Unimproved

County: Osceola

Utilities


Other Utilities: Electricity Available,Sewer Available,Water Available,Sewer Not Available,Water Not Available

Exterior / Lot Features


Lot Dimensions: 248 x 248 x 245 x 244 x 19 x20

Driving 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 E/Hwy 17 N.7. Take the ramp to Ocala/Miami, a toll road.8. Merge onto Florida's Turnpike (toll road) and continue for 6.4 miles.9. Take exit 249 (toll) for Osceola Parkway.10. Merge onto E Osceola Parkway (toll road).11. Continue on E Osceola Pkwy for 0.4 miles.12. Turn left onto Michigan Ave, continue for 2.6 miles.13. Turn right onto E Vine St, proceed for 0.6 miles.14. Turn right onto N Bay St and continue for 0.2 miles.

Financial Considerations


Terms: Cash,Conventional,Private Financing Available

Tax/Property ID: 25-26-28-6138-000D-0010

Tax Amount: 3509

Tax Year: 2022

Price Changes


$248,800 Original Price
$198,000 Current Price
-$50,800Total Change
Date Price Change
04/03/2024 03.23 PM $198,000-$50,800
02/29/2024 12.19 PM $248,800
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Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby Walnut Street

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Schools nearby Grades Distance SchoolDigger® Rating i
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Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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