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Property profile

0 Wilkinson Ave Edgewater, FL 32132

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 88,862 square foot commercial and residential land parcel presents a unique opportunity in Edgewater, Florida. Located on a paved road, this 2-acre property offers a tranquil setting amidst established estate homes, nestled between US-1 and the river. Enjoy the peaceful retreat while being just one mile from New Smyrna Beach. Proximity to the river provides easy access to a public boat launch, parks, and other amenities. The property boasts mature oak and palm trees, adding to its natural beauty. This expansive lot allows for the construction of a single dream home with ample space for a pool and garage, or the possibility of subdividing the land for multiple homes. There are no homeowner association restrictions, providing flexibility in development plans. The convenient location offers quick access to New Smyrna Beach and is approximately a 45-minute drive to Orlando. Furthermore, the property is zoned for New Smyrna Beach middle and high schools, making it an attractive option for families. The asking price for this remarkable property is $490,000. This is a rare chance to acquire a substantial piece of land in a desirable location with significant potential.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Wilkinson Ave Edgewater, FL 32132
Edgewater metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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