Approved Mixed-Use Development
For Sale
$5,100,000
2901 S Ridgewood Avenue EDGEWATER, Edgewater, FL 32141
For-sale development land with entitlements for 162 multifamily residences and 4.52 acres of B-3 commercial zoning frontage.
Property SizeContact for details
Lot Size4.52 Acres
Days on Market76
Property Features for 2901 S Ridgewood Avenue EDGEWATER
General Information
Standard status
Active
Lot size
4.52 Acres
Property subtype
Land
Zoning
07R3
Additional Details
Multifamily Units
162
Taxes and HOA fees
Annual Taxes
$12,909
Listed By:
Gabriele Walton
(904) 447-1321
Source:
Yourfhrm
Added: Jun 30
Changed: Sep 12
Last Checked: Sep 13 at 4:13AM
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 Gabriele Walton
Investment Insights
Based on property information with market context.
This fully approved and permitted mixed-use development site includes entitlements for 162 multifamily residences under the “Live Local” designation, paired with 4.52 acres of commercial land zoned B-3 within the City of Edgewater. The project is presented as development-ready, with approvals in place to support immediate momentum on the planned multifamily component and the accompanying commercial land area.
The site is positioned directly on high-visibility Ridgewood Avenue / US-1. It is also adjacent to a major Publix-anchored shopping center, placing the property in an established retail environment with straightforward accessibility and strong consumer traffic from the nearby retail draw.
For developers and investors seeking an entitlements-in-place property, this offering provides a clear path to move forward with an already-approved multifamily plan alongside the B-3 zoned commercial acreage. The combination of permitted multifamily density and prominent commercial frontage can support a mixed-use development approach where both housing and complementary commercial uses are contemplated within the approved framework.
The site is positioned directly on high-visibility Ridgewood Avenue / US-1. It is also adjacent to a major Publix-anchored shopping center, placing the property in an established retail environment with straightforward accessibility and strong consumer traffic from the nearby retail draw.
For developers and investors seeking an entitlements-in-place property, this offering provides a clear path to move forward with an already-approved multifamily plan alongside the B-3 zoned commercial acreage. The combination of permitted multifamily density and prominent commercial frontage can support a mixed-use development approach where both housing and complementary commercial uses are contemplated within the approved framework.
Key Highlights
- Fully approved and permitted mixed‑use development with entitlements for 162 multifamily residences.
- Includes 4.52 acres of B‑3 commercial land in the City of Edgewater.
- Frontage on high‑visibility Ridgewood Avenue / US‑1.
Property Analytics
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Current Use
Lease Details
162
Residential units
Location Intelligence
Trade Area within ½ mile
176
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
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Frequently Asked Questions
What type of property is this?
Commercial land - For-sale development land with entitlements for 162 multifamily residences and 4.52 acres of B-3 commercial zoning frontage.
Where is this commercial land located?
The property is located at 2901 S Ridgewood Avenue EDGEWATER 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 mixed‑use development with entitlements for 162 multifamily residences.; Includes 4.52 acres of B‑3 commercial land in the City of Edgewater.; Frontage on high‑visibility Ridgewood Avenue / US‑1.
