516 GRAND CANAL DR, POINCIANA, FL, 34759
Active11 days on marketListed Oct 8, 2026MLS #S5158859
About this home
516 GRAND CANAL DR
Enjoy beautiful SUNRISE VIEWS from this lovely BORDEAUX model, situated on a WIDE CANAL LOT with a serene CONSERVATION backdrop! Featuring a NEW ROOF IN 2024 and NEW LUXURY VINYL PLANK FLOORING installed in October 2026 throughout the living room, dining room, bedrooms, and den, this charming home can be SOLD FURNISHED. Seasonally occupied by its original owners and meticulously maintained, it offers an OPEN FLOOR PLAN with VAULTED CEILINGS and a spacious living and dining room combination that creates a bright, airy setting. The kitchen features STAINLESS STEEL APPLIANCES NEW IN 2024, 36-inch cabinets, a closet pantry, and a cozy EAT-IN NOOK with windows that welcome natural light. The primary bedroom showcases a full-size BAY WINDOW bump-out overlooking the canal and conservation area—the perfect setting to enjoy peaceful mornings. The PRIMARY SUITE also includes TWO WALK-IN CLOSETS and an ENSUITE BATH with DUAL SINKS a walk-in shower, and a LINEN CLOSET. Located at the front of the home, the second bedroom and full bath offer privacy and comfort for guests. A spacious DEN WITH DOUBLE DOORS provides flexible space for a home office or potential third bedroom. Step onto the SCREENED and COVERED LANAI, added in 2022, to relax with your morning coffee while taking in the beautiful sunrise and tranquil water views. Additional features include an HVAC system replaced in 2017, GUTTERS AROUND THE ENTIRE HOME, upgraded lighting and ceiling fans, a separate laundry room with washer and dryer included, and a convenient UTILITY SINK in the garage. A wonderful opportunity to enjoy a beautifully maintained home in a peaceful waterfront setting! Don’t miss this opportunity to own a peaceful, well-maintained home with scenic water and conservation views. Schedule your private showing today and experience resort-style living in a welcoming community with amenities for everyone!! The HOA: - maintains the LANDSCAPING & IRRIGATION systems in the common areas as well as at individual homesites - maintains the roads throughout the community - PROVIDES SECURITY with gate guards and mobile patrols including the Polk County Sheriff - allows AUTOMATED GATE ACCESS for residents via license plate readers - provides residents with Fiber Optic Internet & TV service.***Poinciana Lakes Plaza is a MAJOR NEW SHOPPING CENTER that opened directly across from the Solivita Main Gate in Summer of 2024. It features Sprouts Grocery, TJ MAXX, Ross, Burlington, Rack Room Shoes, 5 Below, Ulta, Outback, First Watch, 5 Guys, Urgent Care, Dentist, TD Bank, Petco & Hair Cuttery PLUS MORE TO COME.***
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,543
Sqft
0.1 ac
Lot size
1
Garage
2005
Year built
One
Levels
$178
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,523 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,523/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+8.6%
$/sqft vs Poinciana actives
$178 vs $181
Days on market
11 vs 46 typical
Where $178/sqft sits among the 272 Poinciana actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Solivita
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Poinciana. See the full Poinciana guide →
Solivita — neighborhood snapshot
Population
7,195
Median age
69
Median income
$65,133
Median home value
$323,540
Avg household
2
Households w/ children
196
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Poinciana market
$298K → $285K
Poinciana median sold, yr/yr
98.1%
Sale-to-list ratio (12 mo)
104 of 272
Poinciana actives have cut their price
Median sold price, Poinciana, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 28% above the POINCIANA 34759 median. See the full Poinciana market guide →
Paper trail
This home's history
Reality check
What actually sold near 516 GRAND CANAL DR
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$257,000
504 GRAND CANAL DRIVE · same community
2 bd · 2 ba · 1,543 sqft · $167/sqft · 146 DOM
Sold · Oct ’26$213,000
396 GRAND CANAL DRIVE · same community
2 bd · 2 ba · 1,240 sqft · $172/sqft · 174 DOM
Sold · Jan ’26$245,000
612 MUSKRAT DRIVE
3 bd · 2 ba · 1,552 sqft · $158/sqft · 123 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 516 GRAND CANAL DR — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 516 GRAND CANAL DR — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
516 GRAND CANAL DR FAQs
What would the monthly payment be for 516 GRAND CANAL DR?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,523/mo — principal and interest, the actual property-tax bill, the $263/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 516 GRAND CANAL DR?+
The association fee works out to $263 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 516 GRAND CANAL DR?+
The most recent tax bill on record (2026) was $4,322. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 516 GRAND CANAL DR?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Poinciana?+
At $274,900, this home is listed about 2% below the Poinciana median of $279,990. The market section on this page shows how the area is trending.
Which schools are assigned to 516 GRAND CANAL DR?+
Palmetto Elementary School (elementary), Lake Marion Creek Middle School (middle), Haines City Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of BORCHINI REALTY · Yamile Osorio Varrone. MLS #S5158859.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Poinciana homes, in your inbox
Like 516 GRAND CANAL DR but not quite? A daily digest of every new listing in Poinciana — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Kevin to ping you on any price or status change →