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Townhome Development Land
For Sale
$470,000

511 Sun Ridge Place, Altamonte Springs, FL 32714

Vacant multi-family land previously approved for 12 townhome condos, with parking lot and community pool already built.

Property SizeContact for details
Days on Market1335

Property Features for 511 Sun Ridge Place

General Information

Standard status Active
Property subtype Land
Zoning R-3

Taxes and HOA fees

Annual Taxes $1,072

Amenities

No
Square Feet
Listing Agency: SOUTHERN REALTY ENTERPRISES
Listed By: Frank Filippelli · License #316243
Source: Compass
Added: Dec 14, 2022 Changed: Aug 8 Last Checked: Mar 25 at 3:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SOUTHERN REALTY ENTERPRISES

Investment Insights

Based on property information with market context.

This vacant multi-family development site was previously approved by the city for 12 townhome condos. On-site site improvements include a parking lot and a community pool that are already built, supporting faster transition from planning to vertical development.

The property is located at 511 Sun Ridge Place in Altamonte Springs, Florida. The current offering price is listed at $470,000.

Based on the existing city approval and built amenities, the site is positioned specifically for a townhome condo development aligned with the originally contemplated 12-unit plan.

Key Highlights

  • Vacant multi‑family land previously approved for 12 townhome condos
  • Parking lot is already built on the property
  • Community pool is already built

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,091
Businesses Nearby

Demographics for 32714, FL

38,049
Population
16,722
Households
2.3
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
8.5 sq mi
ZIP Area
4,476
Density / Sq Mi
$67,333
Median Household Income
$39,714
Median Earnings
$1,641
Median Rent
$292,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant multi-family land previously approved for 12 townhome condos, with parking lot and community pool already built.
Where is this residential land & home lot located?
The property is located at 511 Sun Ridge Place Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Vacant multi‑family land previously approved for 12 townhome condos; Parking lot is already built on the property; Community pool is already built
More about this property
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