Land - Real Estate in Edgewater
Listing Price: $3,300,000
Description of Property
44.2-ACRE PLANNED UNIT DEVELOPMENT (PUD) WITH PRIOR APPROVAL FOR 109 RESIDENTIAL UNITS WITH A LAKE AND 4.7-ACRES OF COMMERCIAL PARCEL WITH 688 FEET OF RIDGEWOOD/US 1 FRONTAGE. THE LOCATION IS A GROWING AREA OF EDGEWATER. IT IS ALSO ACROSS THE STREET FROM A FUTURE PARK THAT WILL HAVE PARKING AND BOAT RAMPS LAUNCHING INTO THE INDIAN RIVER ADJACENT TO THE MOSQUITO LAGOON WHICH IS KNOWN FOR AS BEING THE REDFISH CAPITAL. ONLY A 15-MINUTE DRIVE TO THE BEACHES, 30-MINUTES TO DAYTONA BEACH, 45-MINUTES TO KENNEDY SPACE CENTER AND JUST A LITTLE OVER 1-HOUR TO ALL THE CENTRAL FLORIDA THEME PARKS. THE PUD AGREEMENT HAS BEEN APPROVED BY THE CITY OF EDGEWATER WITH A DURATION OF 30-YEARS. SITE ENGINEERING PLANS AVAILABLE UPON REQUEST. THE PUD AGREEMENT WAS PERMITTED TO BE A PRIVATE GATED COMMUNITY WITH EITHER SINGLE-FAMILY RESIDENTIAL UNITS AND/OR TOWNHOUSE/DUPLEX UNITS AND PERMITS GOLF CARTS. HAD A DENSITY OF 3.09 UNITS/ACRE. LOTS ARE PERMITTED TO ADD THEIR OWN PRIVATE SWIMMING POOL. PUD AGREEMENT REQUIRED FOR THREE ACTIVE AND PASSIVE RECREATION AREAS INCLUDING A COMMUNITY CLUBHOUSE WITH A SWIMMING POOL. THE INCLUDED 4.74-ACRE COMMERCIAL PARCEL IS ADJACENT TO THE RESIDENTIAL DEVELOPMENT IS WITH THE BENEFITS OF B-3 ZONING. MUNICIPAL WATER/SEWER INFRASTRUCTURE IS ADJACENT TO THE DEVELOPMENT.
Property Details At A Glance
Property Type: Land
City: Edgewater
County: Volusia
Annual Tax: $4,473
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Schools
Elementary School: Indian River Elem
Middle/Junior High School: New Smyrna Beach Middl
High School: New Smyrna Beach High
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 44.2
Lot Size (sq. ft.): 1,925,350 square feet
Lot Dimensions: 893 x 2250
Road Frontage: Highway
Additional Parcels: Yes
Additional Parcels Description: 842400000020: 842400000032
Legal Description & Other Information
Parcel Number: 842400000038
Zoning: 01B4
Tax Legal Desc.: 24-18-34 PARCEL IN GOVT LOT 2 BEING N 688.39 FT OF S 1223.33 FT AS MEAS ON W R/W US 1 MEAS 318.25 FT ON N/L & S/L PER OR 4708 PG 4301 PER OR 7075 PG 3912 PER OR 7242 PG 1438
Section: 24
Range: 34E
Listing courtesy of THE BARNETT GROUP, INC.. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
