An Orlando-based real estate company wants to transform the site of the shuttered Summit Charter School by the Maitland SunRail station into a new residential community.
AG Properties LLC, led by Armando Gonzalez, is seeking to rezone 8.62 acres at 1250 N. Maitland Ave. to allow for the development of 35 homes with modern-transitional designs, Gonzalez told GrowthSpotter.
“This property hasn’t been developed in a really long time, so we’re trying to get people to acknowledge and see the beauty of the land and buy into the area,” he said. The site abuts the Orange/Seminole County boundary line just south of Lake Seminary in Seminole County’s Fern Park neighborhood.
Currently standing on the property is a 13,800-square-foot learning facility that was operated by Summit Charter School that served students with learning disabilities before closing. In 2011, the school was shut down by the Orange County School Board after a 2008 audit revealed four administrators engaged in significant misspending.
The school was first built in 1983 for the Citadel of Faith and Freedom and was once owned by Masters Academy of Central Florida, a private Christian School.
Gonzalez began investing in the area in 2013 by buying the 5.94-acre foreclosed-upon school site for $500,300. In addition to the school site, he bought contiguous lots until he had a sizable portion of land to prep for development. Through his company, Gonzalez then started working with Maitland planning officials to iron out what infrastructure needed to be done, like tying in a public sewer line and vacating one right-of-way on the property. Madden Moorhead and Stokes is the civil engineer. Zero Latitude Inc., based in Sanford, is the architect.
Before a site plan for the subdivision could be submitted, the developer needs to rezone the property from S-3 single-family residential, and R-1AA single-family residential to Planned Development. Conceptual plans call for 26 conjoined lots for the attached homes and nine single-family home lots that are a minimum of 45 feet in width. The single-family home lots will feature views of the lake.
The development site will include about 4 acres dedicated to retention ponds, open space and roadways.
The community, called Maitlands Landings, will be the first development project for AG Properties LLC. The real estate company, formed by Gonzalez in 2007, specializes in investment, contractor and brokerage services.
Gonzalez said there isn’t a set construction timeline yet, and although he’s received interest to purchase the property he hasn’t chosen a single homebuilder to sell it to.
Maitland Landings is less than a mile away from the SunRail station, near Maitland’s City Hall and where the Allen Morris Company helped build the mixed-use Maitland City Centre community in 2018. Last year, Ramsey, New Jersey-based Raia Capital Management purchased the 244-unit Maitland City Center apartment complex at 190 Independence Ln. for $90.7 million.
Right by the SunRail station Epoch Residential built the 199-unit Maitland Station Apartments in 2018 and sold the project to Nashville, Tennessee-based Nicol Investment Company in 2019 for nearly $70 million.
Developers and institutional investors that are active or were active in the Maitland submarket include Miami-based Related Group and North Carolina-based Harbour Retail Partners, which is building the Shoppes at Trelago project in Maitland. In 2019, Related Group sold its 350-unit Town Trelago apartment community for $105 million to multifamily development, investment and management firm, Kettler.
EDITOR’S NOTE: A previous version of the article misstated the Maitland City Centre is next to the Maitland SunRail station. It’s a little less than a mile south of the station. Parker At Maitland Station, previously known as the Maitland Station Apartments, is next to the SunRail.