Escondido, Altamonte Springs, FL 32701

$239,000

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List Price
$239,000
Status
Active
Days on Market
398
Price Change
▼ $11,000 1773709995
MLS#
A4656883
Lot Size
61,106
Acres
1.91
Total Acreage
1 to less than 2
Complex/Comm Name
Escondido
MLS Area Major
Altamonte Springs East

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.

Additional Information

Taxes
$1897
Location
Buildable, Cleared, City Limits, Oversized Lot, Paved
Community Features
No Deed Restriction
Zoning
R-3
Utilities
Cable Available, Electricity Available, Public, Sewer Available, Water Available
Pool
No Pool
Elementary School
Lake Orienta Elementary
Middle School
Milwee Middle
High School
Lyman High
Water View
Pond
Pets
Allowed
Flood Zone Code
X
Parcel ID
14-21-29-300-018A-0000
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

Listing courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATE. 941-254-6467

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