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2901 S Ridgewood Avenue , Edgewater, FL 32141

$5,100,000

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Property Description

An exceptional opportunity to shape one of the most strategically positioned mixed-use developments in the growing corridor of Edgewater. This fully approved and permitted project offers the rare advantage of immediate development potential with entitlements already in place for 162 multifamily residences under the highly desirable 'Live Local designation, paired with 4.52 acres of prime commercial land zoned B-3 within the City of Edgewater.Positioned directly on high-visibility Ridgewood Avenue / US-1 and adjacent to a major Publix-anchored shopping center, the property delivers outstanding accessibility, consumer traffic, and long-term growth potential in one of Central Florida's expanding markets. The approved mixed-use configuration creates a compelling opportunity for developers and investors seeking to capitalize on the increasing demand for workforce housing, retail, dining, medical, and service-oriented commercial uses.With approvals secured, premier frontage, and a location surrounded by established retail and residential growth, this is a turnkey development opportunity designed for immediate momentum and lasting value.

2901 S Ridgewood Avenue | MLS# NS1088214

This land located at 2901 S Ridgewood Avenue , Edgewater, FL 32141 is currently listed for sale with an asking price of $5,100,000. The property has approximately 13.48 Acres. Search Edgewater real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Land - Multiple
Lot Size: 13.48 Acres
Taxes: $12,909

Feature Descriptions

Directions: Begin on south US 1 between Bianca Road and Roberts Road on the east side of US 1
Flood Zone Code: x
Home Warranty Y/N: No
Lot Dimensions: 13.48
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Go Direct, Other
Special Sale Provisions: None
Utilities: Sewer Available
Water: Public
Water Access Y/N: No
Zoning: 07R3

Listed By / Shown By

Listed By

Agency Name: ENGEL & VOLKERS NEW SMYRNA
Agency Contact: 386-213-6899

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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Estimated Payment

$ 27,870.55 per month $25,307.30 Principal & Interest $1,075.75 Property Tax $1,487.50 Homeowner's Insurance

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