Townhome Development
For Sale
$465,000
511 Sun Ridge Place, Altamonte Springs, FL 32714
Multi-family vacant land previously approved for 12 townhome condos, with parking lot and community pool already built.
Property SizeContact for details
Days on Market1408
Property Features for 511 Sun Ridge Place
General Information
Standard status
Active
Property subtype
Land
Amenities
parking lot
community pool
Listing Agency:
SOUTHERN REALTY ENTERPRISES
(407) 869-0033
Listed By:
Frank Filippelli · License #316243
Source:
Realtygroupfl
Added: Oct 3, 2022
Changed: Aug 8
Last Checked: Jul 20 at 2:16AM
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 multi-family vacant land site is positioned for townhome condominium development. The property was previously approved by the city for 12 townhome condos, and key site improvements are already in place. A parking lot is already built, and a community pool has also been constructed.
The seller’s remarks indicate the site is intended for fast residential development and sale of homes, and the plan is described as aligned with townhomes in a mid-$300,000 range at new retail. Prospective buyers should confirm current entitlements and any development requirements directly with the city.
Based on the provided information, the property’s existing improvements and prior approval support a 12-unit townhome condo concept, with parking and shared amenities already established.
The seller’s remarks indicate the site is intended for fast residential development and sale of homes, and the plan is described as aligned with townhomes in a mid-$300,000 range at new retail. Prospective buyers should confirm current entitlements and any development requirements directly with the city.
Based on the provided information, the property’s existing improvements and prior approval support a 12-unit townhome condo concept, with parking and shared amenities already established.
Key Highlights
- Vacant multi‑family land previously approved for 12 townhome condos
- Parking lot already built for the approved 12‑townhome plan
- Community pool already built for the approved 12‑townhome plan
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,091
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Multi-family vacant 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 $465,000.
What are key features of this property?
This property features: Vacant multi‑family land previously approved for 12 townhome condos; Parking lot already built for the approved 12‑townhome plan; Community pool already built for the approved 12‑townhome plan
