Vacant Multi-Family Townhome
511 Sun Ridge Place Altamonte Springs, FL 32714
511 Sun Ridge Place, Altamonte Springs, FL, 32714
$465,000
For Sale
$465,000
LAND - Altamonte Springs, FL
Lot Size0.57 Acres
Days on Market790
Property Features for 511 Sun Ridge Place
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1072
Listing Agency
SOUTHERN REALTY ENTERPRISES INC
(407) 448-1042
Suite 102 2101 W State Rd 434, Longwood, FL
Listed by
Frank Filippelli · License #316243
Added: May 19, 2024 Checked: Jul 17 at 6:06 am
MLS# 11333827
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This vacant land parcel is well suited for a multi-family townhome layout, based on prior site planning that targeted 12 townhomes. The property previously received city approval for that concept; however, that approval has expired. The offering includes the underlying land for a buyer interested in restarting the entitlement process and moving a townhome development through the approvals needed for construction.
The site is located at 511 Sun Ridge Place in Altamonte Springs, Florida, within Seminole County. The listing position emphasizes development timing and residential reuse, reflecting the property’s established multi-family direction even though the earlier approval is no longer active.
For developers, builders, and investors looking to create an ownership or for-sale housing product, the key takeaway is the existing, documented intent for a 12-townhome plan and the fact that the approval has lapsed. This configuration can support a buyer’s next-step evaluation of re-application or updated approvals with the city. Buyers should plan for the entitlement pathway required to convert the prior concept into a current, buildable development plan.
The site is located at 511 Sun Ridge Place in Altamonte Springs, Florida, within Seminole County. The listing position emphasizes development timing and residential reuse, reflecting the property’s established multi-family direction even though the earlier approval is no longer active.
For developers, builders, and investors looking to create an ownership or for-sale housing product, the key takeaway is the existing, documented intent for a 12-townhome plan and the fact that the approval has lapsed. This configuration can support a buyer’s next-step evaluation of re-application or updated approvals with the city. Buyers should plan for the entitlement pathway required to convert the prior concept into a current, buildable development plan.
Key Highlights
- Multi‑family vacant land previously approved by city for 12 townhomes
- Townhome approval has expired
- Site previously positioned for development and sale of homes
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - Vacant 0.57-acre lot previously approved for a 12-townhome plan, with expired approval to be re-pursued.
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: Multi‑family vacant land previously approved by city for 12 townhomes; Townhome approval has expired; Site previously positioned for development and sale of homes
