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3199 Indian River Blvd Edgewater, FL 32132

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For Sale
$4,999,900

20+/- acres ideal for mixed-use development near I-95.

Type:Land
Lot size:
20.00 Acres
Added:
Sep 13, 2019
Days on Market:
2393
Last Refresh:
Mar 17 at 1:13 pm

Property Features for 3199 Indian River Blvd

General Information

Standard status
Active
Lot size
20.00 Acres
Property subtype
Land

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Listing Contact
Newton White

Listing agent Newton White License #BK3440144

Listing office Lubansky & White Realty

Listing date Sep 13, 2019

Source Crexi

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 Lubansky & White Realty


Overview

Prime Development Land in Edgewater

This 20 +/- acre property presents a prime development opportunity. Currently zoned A-3 residential, the City of Edgewater's future land use plan suggests MPUD mixed-use planned development. The City has acquired property across SR 442 for a new city hall, fire and police department, and other municipal facilities. Located west of I-95, the area is experiencing rapid growth, with the approved New Dearing Park planned for 70,000 acres, including 8,312 residential units and 4.3 million square feet of commercial space. An initial phase of 1,742 homes is planned west of I-95 off SR 442, with other residential developments nearby. The property is suitable for a new commercial development featuring retail sales, offices, and apartments. City water, sewer, and reclaimed lines are installed in front of the property. The owner is considering a 1031 exchange and seeks a seasoned developer with a clear purpose for the property, strong financials, and a solid track record.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Auto Parts Store Gym & Fitness Center 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
-80.9415675
Latitude
28.9536493

FAQs

What type of property is this?
Commercial land - 20+/- acres ideal for mixed-use development near I-95.
Where is this commercial land located?
The property is located at 3199 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 for development with 20 +/- acres.; Future land use suggested as MPUD mixed‑use planned development.; City water, sewer, and reclaimed lines are installed in front of the property.
More about this property
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