Development Site in Edgewater,
For Sale
$1,300,000
N Ridgewood Ave & Pearl St, Edgewater, FL 32132
13.5+/- acre development site, previously entitled for 130 townhouses.
Property Size13 SF
Price / SF$100,000
Days on Market269
Property Features for N Ridgewood Ave & Pearl St
General Information
Standard status
Active
Size
13 SF
Property subtype
Land
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors
(386) 453-4789
Listed By:
Chris Butera · License #FL #SL3083110
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 16 at 5:32AM
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 SVN | Alliance Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Previously entitled infill development site approved for 130 two‑story townhouses.
- Located in an Opportunity Zone.
- 13.5+\/- acres of high and dry land.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Explore this area
Business Placement
Demographics for 32132, FL
8,189
Population
4,266
Households
1.9
Avg Household Size
52
Median Age
19%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
1,170
Density / Sq Mi
$53,860
Median Household Income
$34,816
Median Earnings
$1,316
Median Rent
$234,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
