500 CARIBBEAN PL, Other, Florida 34759

Description

Prime residential lot opportunity in Poinciana, Polk County.rnrnSituated in a desirable residential area within the Poinciana master-planned community, this property offers convenient access to nearby highways (approximately 1.86 miles). The lot is located in Flood Zone A, a high-risk flood zone with a 1/100 annual chance of flooding. Building will likely require elevating the structure above the Base Flood Elevation (BFE), obtaining flood insurance, and adhering to strict local floodplain regulations, which can increase construction costs and permitting timelines. No wetlands are present on or near the property, allowing for development without additional federal or local wetland protections, permitting delays, or restrictions. rnrnThe property is zoned DRI (Development of Regional Impact), a master planned overlay (not standard zoning). This allows single-family detached homes by-right per the master plan, modular/manufactured homes (often permitted), townhomes/rowhomes, limited multifamily (density per approved DRI, typically 2-8 units/acre), and possible ADUs. Duplexes and apartments may require conditional approval. High-density mobile home parks are prohibited without a development order amendment. Buyer should verify all zoning, setbacks, utility availability, and development requirements with the Polk County Planning Department.rnrnThe property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.