Land - Real Estate in Edgewater
Listing Price: $295,000
Description of Property
Prime 0.42-Acre Corner Lot on Park Ave – R3 Zoning, 3 Blocks from the Edgewater Boat Ramp* Positioned only 3 blocks from the Edgewater boat ramp, City Hall and the area planned for the future DOWNTOWN EDGEWATER redevelopment, this 0.42-acre corner lot sits in the heart of a rapidly evolving coastal community. The City of Edgewater has publicly outlined a funded acquisition plan running 2025–2030, with construction anticipated to begin in 2030, and several nearby properties have already been purchased as part of this long-term vision. This area is poised for transformation — creating exceptional upside for investors who get in now. While Edgewater has had its challenges with stormwater infrastructure, the city has allocated a separate budget to address canals and drainage and has already begun improvements in surrounding areas. Flexible R3 zoning allows for MULTIFAMILY RESIDENTIAL development today, with the added potential to pursue rezoning to COMMERCIAL, INDUSTRIAL, or RETAIL — consistent with successful rezonings of neighboring parcels. NO HOA and short-term rentals permitted, giving you maximum freedom for future use and income opportunities. All within a short 5-minute drive to Downtown New Smyrna Beach and 10 minutes to the famous drivable NSB beaches, this property offers unmatched convenience, lifestyle, and long-term growth potential. A rare investment opportunity in a location with big things on the horizon! DISCLOSURE: An existing single-family home and detached garage are on the property and will need to be demolished, and the land will require fill; the list price reflects these conditions*
Property Details At A Glance
Property Type: Land
City: Edgewater
County: Volusia
Subdivision: Assessors Alvarez Grant
Annual Tax: $4,823
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Water Access: Yes
Water Access Type: Intracoastal Waterway
Water Name: INDIAN RIVER NORTH
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Street Lights
Lot Size (acres): 0.42
Lot Size (sq. ft.): 18,203 square feet
Lot Dimensions: 180.8 x 167
Road Frontage: County Road
Legal Description & Other Information
Financing Available: Owner May Carry
Parcel Number: 745201000405
Zoning: R3
Tax Legal Desc.: W 167 FT OF LOTS 1 & 2 & OF N 27 FT OF LOT 3 SUB LOT 39G ALVAREZ EXC PT IN RD WDNG BEING N 18.199 FT ON W/L OF LOT 1 PER D/C 6219 PG 4141 PER OR 6242 PGS 0176-0177 PER OR 6448 PG 1247 PER OR 8316 PG 0777
Section: 52
Range: 34
Listing courtesy of REGENCY REAL ESTATE LLC. 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.
