Hi folks. Since I'm always writing about Real Estate in Poinciana Fl I thought I best tell you a little a bit about Poinciana today.
Did you know Poinciana Fl is right smack dab in the center of Florida? It's also the second fastest growing PUD(planned unit development) in the Country. Poinciana is 90 minutes to the East coast (Melbourne-Space Coast) and 90 minutes to the West coast (Clearwater-Tamp Bay).
If you haven't heard of Poinciana before maybe it's because it's not a town or a city. In fact it's actually a part of Kissimmee. Kissimmee is just a little south of Orlando and about 15 minutes to Disney World.
Poinciana has a population of approximately 67,000 people and encompasses two counties. The north side is in Osceola county and the south side is in Polk county.
Poinciana was plotted out as a master planned community in the 1960s. At that time the developer was a company called General Development(GDC) Corporation. You may have heard of them from the Florida land scams in the ‘60s and ‘70s. It is my understanding that sometime in the early ‘70s Poinciana was purchase by Gulf American Land Corporation(GAL) another company notorious for land scams.
In 1973 the first homes were built in Poinciana. At this time, Poinciana was a retirement destination and homes were built around the Poinciana Golf and Racquet Club. There was only a one lane road to get into Poinciana which was miles from anything. It was literally in the middle of the boonies.
Poinciana, over the next few years, grew to a small population of 2,000 to 3,000 people. There was the country club, a small farm store and miles and miles of roads. Not much happened in Poinciana until the mid ‘80s when GAL went bankrupt and out of this, Avatar Holdings, the current developer was born. The next 10 years or so Poinciana just sat with an occasional home being sold.
When I started selling in Poinciana back in 1994 there were still only about 8,000 people. So it took 20 years to reach 8,000 and only 14 more to reach 67,000!!! We have room for more than 200,000.
OK, I'm done boring you for now. If you want to read about the history of Florida real estate check out this white paper by J. Bruce Cummings Jr. from the Florida Appraisal Institute. It's an excellent read from Indians to "filling in" Miami to land scams and more.
Also, check out my new listing in Poinciana(below). Where else can you find a 6 bedroom 3 bath home with a pool for less than $250,000!!! Want to buy it?
Copyright © 2007 Broker Bryant Real Estate Ramblings | All Rights Reserved
Comments(40)