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$3,300,000

4220 S Ridgewood Avenue Edgewater, FL 32141 Land - Multiple Active

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Description

44.2-acre Planned Unit Development (PUD) that had previous approvals for 109 residential units with a lake and 4.7-acres of commercial parcel with 688 feet of Ridgewood/US 1 frontage. The location is a growing area of Edgewater. It is also across the street from a future park that will have parking and boat ramps launching into the Indian River adjacent to the Mosquito Lagoon which is known for as being the Redfish Capital. Only a 15-minute drive to the beaches, 30-minutes to Daytona Beach, 45-minutes to Kennedy Space Center and just a little over 1-hour to all the central Florida theme parks. The previously approved PUD agreement has since expired but is a beginning framework to work from. Site engineering plans available upon request. The PUD Agreement was permitted to be a private gated community with a mix of single-family residential units and townhouse/duplex units and permitted golf carts within the private community. Had a density of 3.09 units/acre. Lots were permitted to add their own private swimming pool. The PUD plans required for three active and passive recreation areas including a community clubhouse with a swimming pool. The included 4.74-acre commercial parcel is adjacent to the residential development is with the benefits of B-3 commercial zoning. Municipal water/sewer infrastructure is adjacent to the development.

Property Highlights

Property Type: Land - Multiple
Lot Size: 44.20 Acres
Taxes: $4,472

General Information

County: Volusia
High School: New Smyrna Beach High
Listed By:
Tracey Barlow THE BARNETT GROUP, INC. 386-426-7234

Property Features

Days on Site: 275
Directions: DIRECTIONS â?? I-95 TO SR442/INDIAN RIVER BLVD. - EAST TO RIDGEWOOD/US1 â?? SOUTH TO ADDRESS- PARCEL SOUTH OF RESTAURANT
Flood Zone Code: x
Home Warranty Y/N: No
Lot Dimensions: 44.2
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: See Remarks
Special Sale Provisions: None
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Water: Public
Water Access Y/N: No
Zoning: 01B4
$3,300,000
Active
LOT SIZE 44.200 acres MLS#NS1085868
STATUSActive PROPERTY TYPELand - Multiple

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4220 S Ridgewood Avenue, Edgewater, FL 32141.

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Estimated Payment

$ 12,465.51 per month $11,130.35 Principal & Interest $372.67 Property Tax $962.50 Homeowner's Insurance

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