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    603 Riverside Dr Edgewater, FL 32132

    Sponsored
    For Sale
    $1,099,000

    Prime waterfront lot, build your dream!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 29,620.8 square foot commercial lot is located at 603 N Riverside Drive, Edgewater, Florida, 32132. Situated on the desirable 600 block of N Riverside Drive, this cleared lot boasts stunning intercoastal waterway views and offers deep-water access. The property is ready for permitting, allowing for immediate construction of a custom building. Enjoy the convenience of being a golf-cart ride away from the amenities and entertainment of New Smyrna Beach. This rare opportunity includes all completed legal paperwork for a lot split, with formal recording to be finalized upon sale. An individual lot survey is available upon request. The property is listed at $1,099,000, and owner financing is available. While all provided measurements and information are believed to be accurate, verification is recommended. Please note that property records indicate this lot is adjoined with the parcel across the street.

    Property Features for 603 Riverside Dr

    General Information

    Property type
    Land

    HighLights

    • 29,620.8 SF commercial lot in Edgewater, FL.
    • Located on the desirable 600 block of N Riverside Drive with intercoastal waterway views and deep‑water access.
    • Cleared lot, ready for immediate construction; permitting complete.
    • Golf cart ride from New Smyrna Beach amenities.
    • Lot split paperwork complete; final recording upon sale.
    • Listed at $1,099,000; owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.9104327
    Latitude
    29.0045471

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    FAQs

    What type of property is this?
    Land - Prime waterfront lot, build your dream!
    Where is this land located?
    The property is located at 603 Riverside Dr Edgewater, FL.
    What is the asking price?
    The asking price for this property is $1,099,000.
    What are key features of this property?
    This property features: 29,620.8 SF commercial lot in Edgewater, FL.; Located on the desirable 600 block of N Riverside Drive with intercoastal waterway views and deep-water access.; Cleared lot, ready for immediate construction; permitting complete.
    Request Owner's contact information
    603 Riverside Dr Edgewater, FL 32132
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    Edgewater, FL 32132
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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
    603 Riverside Dr Edgewater, FL 32132
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