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Investment Highlights

  • Total 2.69 (+/-) Acres -- Potential for Up to 13 (+-) Units for Possible Townhome or Apartment Project.
  • Currently zoned residential with a Future Land Use of LDR (Low Density Residential) which permits up to 3-5 (+-) - Potential for Up to 13 (+-) Units.
  • Incredible Location just Outside Orlando close to Interstate 4 and TONS of Newer Retail Shopping and Residential Neighborhoods.
  • These 2 Parcels are located in a Highly Desirable Altamonte Springs Location Perfect for a Small Development Project.
  • Parcel 22-21-29-300-0070-0000 and Parcel 22-21-29-300-007H-0000
  • Commercial Real Estate Professionals and Mark Allen, CCIM are pleased to present this 2-parcel Land Site for Development in a PRIME area of Altamonte

Executive Summary

Currently Zoned Residential with a Future Land Use of LDR = Low Density Residential.
Estimated for up to 3-5 (+-) Units per Acre.

Property Facts

Price $890,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Single Family Development
  • Single Family Residence
Total Lot Size 2.69 AC
Zoning Low Density Residential - Currently Zoned Residential with a Future Land Use of LDR = Low Density Residential. 3-5 (+-) Units per Acre

1 Lot Available

Lot

Price $890,000
Price Per AC $330,855.02
Lot Size 2.69 AC

2 Parcels totaling 2.69(+-) Acres for Low Density Residential (LDR) development.

Description

Commercial Real Estate Professionals and Mark Allen, CCIM are pleased to present this 2-parcel Land Site for Development in a PRIME area of Altamonte Springs!! Currently zoned residential with a Future Land Use of LDR (Low Density Residential) which permits up to 3-5 (+-) Units per Acre. Potential for Up to 13 (+-) Units for Possible Townhome or Apartment Project. Parcel 22-21-29-300-0070-0000 and Parcel 22-21-29-300-007H-0000 Totaling: 2.69 (+-) Acres These 2 Parcels are located in a Highly Desirable Altamonte Springs Location Perfect for a Small Development Project. Incredible Location just Outside Orlando close to Interstate 4 and TONS of Newer Retail Shopping and Residential Neighborhoods.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 22-21-29-300-0070-0000
  • 22-21-29-300-007H-0000
Land Assessment
$238,500
Improvements Assessment
$58,881
Total Assessment
$297,381
  • Listing ID: 39678005

  • Date on Market: 3/5/2026

  • Last Updated:

  • Address: 621 Oaklando Dr, Altamonte Springs, FL 32714

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