Active

$379,900

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRA4656883
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$379,900
HOA Fee:
N/A
Tax Amount:
$1897
Price per SqFt:
$6.22
Tax Legal Description:
LEG SEC 14 TWP 21S RGE 29E BEG 25 FT S & 742.34 FT E OF NW COR OF E 1/2 OF SE 1/4 RUN S 150 FT S 45 DEG 5 MIN 27 SEC W 91.63 FT E 152.03 FT N 33 DEG 25 MIN 33 SEC E 55.29 FT N 89 DEG 9 MIN 15 SEC
Exterior Features
Lot Size:
61106
Lot Features:
Buildable, Cleared, City Limits, Oversized Lot, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    0 ESCONDIDO
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