Under Construction. Caloosa Ridge is a brand-new community by Southern Homes located in the charming town of Babson Park, Florida. The community boasts a prime location near a picturesque lake and is easily accessible to all of central Florida via Hwy 27. With a variety of floorplans to choose from, Caloosa Ridge is the perfect place to call home for those looking for a peaceful and serene lifestyle. You’ll find the perfect home to fit your needs and lifestyle in Caloosa Ridge. NO CDD!