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Altamonte Springs,FL 32701
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID A4656883
Annual Tax Amount $1,897
Lot Size 1.910 Acres
Property Sub-Type Residential
Property Description
Introducing a rare development opportunity in the highly sought-after Escondido Condominiums—a distinguished 55+ community in the heart of Altamonte Springs. These two vacant lots, sold together, offer the perfect canvas for a luxury condominium project with plans in place for up to 27 units. Originally permitted in the early 2000s, the architectural and engineering plans are included and ready for updates to meet current code requirements, offering a streamlined path to revitalization.
Future buildings will form their own association and, once resort fees are established, enjoy shared access to Escondido's premier amenities. Residents can look forward to a resort-style pool, meticulously maintained landscaping, a welcoming clubhouse, and courts for tennis, pickleball, and shuffleboard—all set within a serene, maturely landscaped environment that exemplifies Florida living at its finest.
Nestled in a prime location with effortless access to major highways, upscale shopping, dining, and entertainment, this offering is a unique chance to create a legacy development in a well-established community. Best of all, the property is situated in an X flood zone, eliminating the need for flood insurance and enhancing its investment appeal. This is more than a development site—it's an opportunity to shape the future of one of Altamonte Springs' most established residential enclaves.
Location
State FL
County Seminole
Area 32701 - Altamonte Springs East
Zoning R-3
Exterior
Utilities Available Cable Available,Electricity Available,Public,Sewer Available,Water Available
Amenities Available Clubhouse,Pickleball Court(s),Pool,Tennis Court(s)
View Y/N Yes
View Water
Building
Lot Description Buildable,Cleared,City Limits,Oversized Lot,Paved
Sewer Public Sewer
Water Public
Schools
Elementary Schools Lake Orienta Elementary
Middle Schools Milwee Middle
High Schools Lyman High
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None