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    3338 West Indian River Blvd Edgewater, FL 32141

    For Sale
    $9,360,000

    96 acres with commercial and multifamily development potential.

    Property size:
    96 SF
    Lot size:
    96.20 Acres

    Property Features for 3338 West Indian River Blvd

    General Information

    Size
    96 SF
    Lot size
    96.20 Acres

    Source: Barbara Coomber Agent Barbara Coomber

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    96 Acres Development Opportunity

    This 96-acre property is located at the southeast quadrant of SR 442 and I-95 in Edgewater, Florida. The site includes approximately 8 acres of commercial property with 985 feet of frontage on SR 442. The seller has obtained PUD approvals for 468 multifamily units on the remaining 88 acres. The property features 4,300 feet (0.8 mile) of I-95 frontage. The location is in Southeast Volusia County, just north of Kennedy Center and the Space Coast. Deering Park is developing both the southwest and northwest quadrants along I-95. The site is one hour from Orlando attractions and International Airport, and 15 minutes from the ocean and the white sands of New Smyrna Beach.
    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 Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.9461634
    Latitude
    28.9502111

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    FAQs

    What type of property is this?
    Land - 96 acres with commercial and multifamily development potential.
    Where is this land located?
    The property is located at 3338 West Indian River Blvd Edgewater, FL.
    What is the asking price?
    The asking price for this property is $9,360,000.
    What are key features of this property?
    This property features: - Approved PUD for **468 Multifamily Units on 88 Acres**; - **8 Acres of Commercial Property with 985 Feet of Frontage on SR 442**; - 4,300 Feet (.8 Mile) of I-95 Frontage
    (813) 220-7222
    Request Owner's contact information
    3338 West Indian River Blvd Edgewater, FL 32141
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    Edgewater, FL 32141
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    3338 West Indian River Blvd Edgewater, FL 32141
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