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0 Escondido, Altamonte Springs, FL 32701

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For Sale

$379,900

1.91 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 1.9 acres
    Lot size

Explore this Property

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.
MLS# A4656883

Courtesy Of Island Life Real Estate LLC

(941) 254-6467

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.91 Acres

Map and Directions

Directions to 0 Escondido, Altamonte Springs, FL 32701

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CENTURY 21 Carioti

(407) 354-0074
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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