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For Auction

$1 Auction - 5.46 AC Orlando MSA | 12% Pop Growth

Adjacent to 621 Bittern Court,
Poinciana, FL 34759
Represented by
Marcus & Millichap

Asset Snapshot

Real Estate
Asset Type
Land
Property Type
5.46 Acres
Land Area

Offering Summary

Investment Highlights

  • ±5.46 AC of Land in the Rapidly Growing Community of Poinciana, Florida 
  • ±30 Miles from Downtown Orlando | ±20 Miles from Disney World  
  • Attractive Demographics with 5-Mile Population of ±67,334 and Annual Household Income of ±$60,182
  • Tremendous 297.5% Growth from 2000-2021 and Future Double-Digit Growth Anticipated (5-Mile Radius)
  • Median Poinciana Home Listing Price of $294,450
  • Absolute $1 Auction - NO RESERVE
 

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present ±5.46 AC of land adjacent to 621 Bittern Court (the “Property”) in Poinciana, Florida. The Property offers an exceptional investment opportunity via development and first bid meets reserve! The Property consists of a single parcel totaling 5.46 acres positioned in the direction of future growth. The Property benefits from frontage and visibility on Palmetto Street.

Poinciana is a community in Polk County and is strategically located between Orlando and Tampa. As of 2021, the Property’s demographics have ±67,334 individuals residing within a 5-mile radius, with an average household income of ±$60,182. The Property is located within a high growth area with population growth of 297.5% from 2000-2021 and an anticipated 12.0% growth expected from 2021-2026 within five miles of the Property. 
 

Also available from this seller:

Due Diligence

Transaction Manager

Platform Fee

Buyer pays platform fee at closing.

5% or $20,000 minimum

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: AU93
Fisher Auction Co: AB106

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Closed

This asset was part of the August 11th, 2022 auction event, resulting in a successful transaction that closed in just 32 days.
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Investment Sales Brokers

Adam Sklaver
Marcus & Millichap
FL License: SL3429070
Philip Kates
Marcus & Millichap
FL License: SL3235872

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.