Price Reduced 15.18%
Price History
$1,048,000
8/14/2023
$988,800
10/16/2023
$888,888
2/6/2024
Chestnut STREET, Kissimmee, FL, 34759
Unveiling a Top-Tier Investment Opportunity in High-Density Residential Land on Chestnut Street, Kissimmee, Florida 34759, in the Rapidly Expanding Poinciana Community. This expertly zoned 8.0± acre parcel, slated for High-Density Residential/PUD, provides versatile options for multifamily housing and assisted living developments, accommodating between 104 to 320 units. Perfectly located approximately 30 miles from Downtown Orlando, 20 miles from Disney World, and just 4 miles from HCA Florida Poinciana Hospital, this property strikes a unique balance between peaceful living and prime accessibility. Educational facilities are conveniently located, with Chestnut Elementary School for Science and Engineering right across the street and Palmetto Elementary within a comfortable half-mile walk. Known for its skyrocketing population growth, the area boasts population counts of 4,671, 21,618, and 52,917 within 1, 3, and 5-mile radii respectively. Median ages in these regions range from 35.9 to 43.2, with household sizes averaging 2.6 to 2.9 persons and income levels between $48,573 to $50,260. The enticing prospect of owner financing further amplifies the investment appeal of this standout opportunity. Immerse yourself in a vibrant and diverse community setting and seize the golden chance to develop a lively residential hub in one of Florida's most dynamically expanding areas. Whether your vision leans toward a luxury-focused venture or a family-oriented development, the sky's the limit with this property. To delve into this extraordinary investment opportunity, contact me for additional details. Secure your next profitable venture in Kissimmee today!
Status:
Active
Type:
Lot / Acreage
Subdivision:
POINCIANA VILLAGE 05 NEIGHBORHOOD 01
Lot Size:
838 x 17 x 576 x 221 x 1205
Acreage:
8.01
Est. Taxes:
$2,354
Current Use
Unimproved
Permitted Use
Unimproved
Utilities
Electrical Nearby, Sewer Nearby, Telephone Nearby, Water Nearby
Days on Market:
196
MLS #:
O6134167
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of CORCORAN PREMIER REALTY Phone: 407-965-1155