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Multi-Family Townhome Development Land
For Sale
$465,000

511 SUN RIDGE Pl, Altamonte Springs, FL 32714

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

Property SizeContact for details
Days on Market103

Property Features for 511 SUN RIDGE Pl

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,072
Listing Agency: Southern Realty Enterprises, Inc
Listed By: Frank Filippelli · License #316243
Source: Elliman
Added: Jul 16 Changed: Oct 25 Last Checked: Jul 16 at 3:06PM

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, Inc

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Investment Insights

Based on property information with market context.

This vacant residential land parcel was previously approved by the city for a multi-family townhome condo project consisting of 12 units. The site is configured for the planned use, with the parking lot already built and a community pool already in place.

The property is located at 511 SUN RIDGE Pl in Altamonte Springs, Florida. Current mobility indicators suggest a car-dependent environment (Walk Score 22, Bike Score 29, Transit Score 29), supporting development focused on vehicle access.

For buyers and developers seeking an in-progress, city-approved townhome condo layout, this parcel offers existing site improvements that align with the approved concept and reduce early upfront work tied to parking and the community pool.

Key Highlights

  • Vacant land previously approved for 12 townhome condos
  • Parking lot already built on‑site
  • Community pool already built on‑site

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Garden Center Carpet & Flooring 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant land previously approved for 12 townhome condos, with a parking lot and community pool already built.
Where is this residential land & home lot located?
The property is located at 511 SUN RIDGE Pl 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 land previously approved for 12 townhome condos; Parking lot already built on‑site; Community pool already built on‑site
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