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    3199 W Indian River Blvd Edgewater, FL 32132

    For Sale
    $4,999,900

    LAND - Edgewater, FL

    Lot size:
    20.42 Acres
    Days on Market:
    108
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 3199 W Indian River Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    8438-02-00-0110
    Lot size
    20.42 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    Herb Lubansky Realty (386) 756-6866

    Listing agent Herb Lubansky (386) 756-0011

    Listing date Aug 20, 2025

    MLS# 1052897 Listing URL

    Copyright © 2025 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land in Edgewater, FL

    This 20.42-acre commercial land is located in Edgewater, Florida. The property's location is anticipated to be at the center of the city, especially with the city's new land acquisition across Highway 442. Zoned A-3 by the County, the future city land use and suggested use would be MPUD Mixed Use Planned Unit Development, potentially allowing for apartments, restaurants, and gas stations. New water, sewer, and reclaimed lines have been installed in front of the property. Situated just west of I-95, the property is near the new Deering Park, a 70,000-acre development formerly known as Farmington Development, which has approvals for 8,312 residential units and 4.3 million square feet of commercial space. The initial phase of 1,742 homes in Edgewater, located west of I-95 off SR 442, is expected to begin construction, creating numerous jobs. The owner is open to considering a 1031 exchange for income-generating commercial property. The property is suitable for a seasoned developer with strong financials and a proven track record, ready to develop this well-positioned property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Auto Parts Store Gym & Fitness Skin Care Clinic Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.941403
    Latitude
    28.954023

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    FAQs

    What type of property is this?
    Commercial land - Development opportunity near future city center and Deering Park.
    Where is this commercial land located?
    The property is located at 3199 W Indian River Blvd Edgewater, FL.
    What is the asking price?
    The asking price for this property is $4,999,900.
    What are key features of this property?
    This property features: - Prime location poised to be the future center of the city, thanks to new city land acquisition across HWY 442.; - Zoned A-3 with future city land use suggesting MPUD (Mixed Use Planned Unit Development) allowing for diverse development options.; - New water, sewer, and reclaimed lines installed in front of the property.
    (386) 756-0011
    Request Owner's contact information
    3199 W Indian River Blvd Edgewater, FL 32132
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    Edgewater, FL 32132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3199 W Indian River Blvd Edgewater, FL 32132
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