Approved Mixed-Use Development
For Sale
$5,100,000
2901 S RIDGEWOOD Ave, Edgewater, FL 32141
Fully approved mixed-use development with immediate potential in Edgewater, Florida.
Property SizeContact for details
Lot Size4.52 Acres
Days on Market92
Property Features for 2901 S RIDGEWOOD Ave
General Information
Standard status
Active
Lot size
4.52 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$12,909
Listing Agency:
Engel & Völkers New Smyrna Beach
(407) 417-7337
Listed By:
David McKenna · License #SL3236442
(407) 417-7337
Source:
Elliman
Added: May 18
Changed: Aug 8
Last Checked: Aug 8 at 6:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Völkers New Smyrna Beach
Investment Insights
Based on property information with market context.
This property presents an opportunity to develop a mixed-use project in Edgewater, Florida. The fully approved and permitted project includes entitlements for 162 multifamily residences under the "Live Local" designation, along with 4.52 acres of commercial land zoned B-3. The property is located on Ridgewood Avenue / US-1, adjacent to a Publix-anchored shopping center. The approved mixed-use configuration is designed to capitalize on the increasing demand for workforce housing, retail, dining, medical, and service-oriented commercial uses. The location offers accessibility and consumer traffic in a growing market. The property has a bike score of 54, indicating it is bikeable, and a walk score of 45, indicating car-dependent.
Key Highlights
- Fully approved and permitted for immediate development of 162 multifamily residences under the "Live Local" designation.
- Includes 4.52 acres of prime commercial land zoned B‑3 within the City of Edgewater.
- Strategically positioned on high‑visibility Ridgewood Avenue / US‑1.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Explore this area
Business Placement
Demographics for 32141, FL
17,955
Population
9,400
Households
1.9
Avg Household Size
54
Median Age
23%
College-Educated
93%
High-School Grad
23.6 sq mi
ZIP Area
761
Density / Sq Mi
$61,110
Median Household Income
$37,874
Median Earnings
$1,481
Median Rent
$244,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Fully approved mixed-use development with immediate potential in Edgewater, Florida.
Where is this commercial land located?
The property is located at 2901 S RIDGEWOOD Ave Edgewater, FL.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Fully approved and permitted for immediate development of **162 multifamily residences** under the "Live Local" designation.; Includes 4.52 acres of prime commercial land zoned B‑3 within the City of Edgewater.; Strategically positioned on high‑visibility Ridgewood Avenue / US‑1.
