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N Ridgewood Ave & Pearl St Edgewater, FL 32132

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For Sale
$1,300,000

13.5+/- acre development site, previously entitled for 130 townhouses.

Property size:
13 SF
Lot size:
13.50 Acres

Property Features for N Ridgewood Ave & Pearl St

General Information

Size
13 SF
Lot size
13.50 Acres
Source: Svn

Listing Agent: Chris Butera

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


Overview

Development Site in Edgewater, FL

This 13.5+/- acre infill development site is located in an Opportunity Zone in Edgewater, Florida. The property, known as Edgewater Oaks, was previously entitled and fully engineered for 130 two-story townhouses, typically 20' wide. Situated on the northwest corner of North Ridgewood Avenue (US Highway 1) and Pearl Street, it is located one mile south of New Smyrna Beach. The site is surrounded by development and offers convenient access to retail, recreational facilities, and medical providers. The existing zoning allows for streamlined permitting within the City of Edgewater. Engineered plans call for approximately 1,800 square foot townhouses with single-car garages, though these plans can be revised. It is suitable for a 55+ senior or workforce housing community and can be developed as fee simple townhouses or a rental project. Utility capacity and all concurrency were previously approved, and the land is high and dry.
Location Intelligence

Current Use by Public Records

Residential land & home ...

Map

City
Edgewater
County
Volusia
State
Florida
Longitude
-80.9236
Latitude
28.9786

FAQs

What type of property is this?
Land - 13.5+/- acre development site, previously entitled for 130 townhouses.
Where is this land located?
The property is located at N Ridgewood Ave & Pearl St Edgewater, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Previously entitled infill development site approved for 130 two-story townhouses.; - Located in an Opportunity Zone.; - 13.5+\/- acres of high and dry land.
More about this property
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