1
Map
$26,000
↓ $2K (5.5%)
●
Land -
For Sale
1217 BALTIC DRIVE
POINCIANA, FL 34759
Studio
0 Bath
$185
Est. Monthly
$35
HOA / Fees
About This Property
Another vacant Lot in an upcoming area of Poinciana Village 7 and
your chance to grab a bargain ahead of further expansion into a new
neighborhood. With only a few homes nearby, you will be
surrounded by new or newer homes as this area grows.
Unit Size
-
Days on Market
100 days
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$22
HOA Dues
$35
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Stellar MLS #O6424915)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2026 | Price Decreased |
$26,000
↓ $2K
(5.5%) | |
| Price Decreased | |||
| Jul 9, 2026 | Listed by KELLER WILLIAMS ADVANTAGE III | $27,500 | |
| Listed by KELLER WILLIAMS ADVANTAGE III | |||
| Feb 14, 2023 | Listed by KELLER WILLIAMS FIRST COAST REALTY | $28,900 | |
| Listed by KELLER WILLIAMS FIRST COAST REALTY | |||
| | |||
|
Bring your home vision to life! 1/5 Acre allows for single family build within one of the renown villages of Poinciana! Easy commute to Orlando, Lakeland and more. This area is surrounded by recreational options for boating, walking trails, parks, fishing and much more! Seller holds equitable interest. Buyer to do due diligence for build/feasibility. Legal desc: POINCIANA EIGHBORHOOD 2 WEST VILLAGE 7 PB 55 PGS 5/18 BLK 490 LOT 7. Buyer to cover $1000 of closing costs. Buyer to cover survey, if desired. Special warranty deed will be conveyed at closing. Closing with Sunshine Title, 8613 Old Kings Rd S, Jacksonville, FL 32217. REF: Polk-243810402. Please see Offer Instructions for more information.
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Property Highlights
Exterior Details
Building Area Units: Square Feet
Lot Features: Buildable, In County
Lot Size Area: 8621
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8621
Lot Size Dimensions: 73 x 123 x 123 x 69.9
Tax Lot: 7
Water Source: None
Financial Details
Tax Annual Amount: $261
Utilities Details
Sewer : None
Location Details
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Fitness Center, Park, Playground, Pool, Racquetball, Recreation Facilities, Tennis Court(s), Trail(s), Pickleball Court(s)
HOA Fee: $420
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Closing Price
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HOA + Taxes
About Lake Marion Village
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Listed by: Kevin Tolbert, PA
KELLER WILLIAMS ADVANTAGE III
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# O6424915
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
KELLER WILLIAMS ADVANTAGE III
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# O6424915
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017