Indian River Blvd Edgewater, FL 32132
- Mixed-use properties
- 1,800 SF
- 23.75 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for Indian River Blvd
- Year built
- 2020
- Lot size
- 23.75 lot acres
- Property size
- 1,800 SF
- Property type
- Mixed-use properties
Description
This exceptional 23.75-acre mixed-use property in Edgewater, Florida, presents a remarkable investment opportunity. Strategically located just 15 minutes from the beach and minutes from a variety of amenities including shopping, dining, and grocery stores, this site boasts over 600 feet of frontage along the highly visible Indian River Boulevard (SR 442), and an additional 400+ feet of frontage on Hideaway Lane. The property's L-shape configuration maximizes its potential. A recent survey (2/1/24) details the land composition, including 6.98 acres of upland and 2.75 acres of upland buffer. The partially cleared land already features a substantial 60x30 foot cement-floored storage building complete with electricity and water hookups, providing immediate utility. This building is well-suited for various uses, including boat or RV storage, given its location along W Indian River Rd. The city of Edgewater's planned relocation of its municipal offices to this area, coupled with significant ongoing development, further enhances the property's value. This prime location is in close proximity to Miami Corps' three proposed development sites, which are slated to add nearly 33,000 homes and over 9 million square feet of commercial space, promising substantial future growth and increased property value. Parcel IDs: 843801000700, 843801000710, 843801000720 are included in this offering. This is a rare opportunity to acquire a large, well-positioned tract of land in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edgewater
- County
- Volusia
- State
- Florida
- Longitude
- -80.8961
- Latitude
- 28.9729
