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$120,000
Est. payment /mo
5.09 Acres Lot
UPDATED:
11/07/2024 10:36 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved
Listing Status Active
Purchase Type For Sale
MLS Listing ID O6255376
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $68
Lot Size 5.090 Acres
Acres 5.09
Lot Dimensions 604x334
Property Description
The 5-acre lot in St. Cloud, FL, offers a prime investment opportunity, with the city experiencing robust growth driven by new residential developments and a rising population. As part of a larger expansion trend in Osceola County, St. Cloud has become a hotspot for new housing communities, attracting notable projects and homebuilders alike. For instance, the upcoming Whaley Platt Development alone will add over 2,800 new housing units, including single-family homes and townhomes, on a 750-acre site, ultimately drawing thousands of new residents to the area. This expansion aligns with a broader pattern in the region, as neighboring developments such as Bella Tera continue to support St. Cloud’s growth trajectory
Additionally, St. Cloud’s housing market has demonstrated strong demand, with recent projects like the Madison Grove affordable senior housing community offering 80 units and further diversifying residential options. With a consistent influx of builders and developers in response to the area’s rapid development, investing in land now could yield significant returns as demand for residential spaces increases in the near future.
Additionally, St. Cloud’s housing market has demonstrated strong demand, with recent projects like the Madison Grove affordable senior housing community offering 80 units and further diversifying residential options. With a consistent influx of builders and developers in response to the area’s rapid development, investing in land now could yield significant returns as demand for residential spaces increases in the near future.
Location
State FL
County Osceola
Zoning RESIDENTIA
Exterior
Utilities Available Other
Waterfront false
Building
Lot Description Wooded
Lot Size Range 5 to less than 10
Sewer None
Water None
Schools
Elementary Schools Harmony Community School (K-5)
Middle Schools Harmony Middle
High Schools Harmony High
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Listed by LUXE PROPERTIES