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4401 Us Highway 1, Edgewater, FL 32141

$4,950,000

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Property Description

Under contract-accepting backup offers. SHOVEL READY 42-acre waterfront community with complete Development Order issued. This absolutely beautiful parcel has approx. 980 direct Indian River Intracoastal waterway frontage AND another 900 feet of side canal frontage. Fully engineered and permitted for 165 Manufactured Homes with age restriction of 55+ community. Plans includes boat storage and opportunity for a bar, open to the public, on the water. Engineered site plans is provides for 35% open space, of which 6.61 acres of it are in forms of active and passive open space. There is an existing FDOT median cut present at the center of the parcel. Location is within 1 hour of central Florida theme parks, just minutes to the beach and immediately adjacent to the Mosquito Lagoon known for world-class inshore fishing. You are just minutes from I-95. Close to grocery shopping plaza and the multi-purpose trail that transacts the front of the parcel is connected to the regional rails to trails statewide paved trail system. Southeast Volusia area is also known for good shopping and great restaurants.

4401 Us Highway 1 | MLS# NS1080970

This land located at 4401 Us Highway 1, Edgewater, FL 32141 is currently listed for sale with an asking price of $4,950,000. The property has approximately 41.90 Acres. Search Edgewater real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Land - Lot/Land
Lot Size: 41.90 Acres
Taxes: $49,757

Feature Descriptions

Days on Site: 713
Directions: US 1 or Intracoastal south to address of 4401 S. Ridgewood Ave. Edgewater
Flood Zone Code: X
Frontage ICW: 980
Home Warranty Y/N: No
Lot: Buildable, City Limits
Lot Dimensions: 41.9
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Go Direct
Special Sale Provisions: None
Special View Info: Water
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Water: Public, See Remarks
Water Access: Intracoastal Waterway
Water Access Y/N: Yes
Waterfront Features: Intracoastal Waterway
Water View: Intracoastal Waterway
Zoning: MH1W

Listed By / Shown By

Listed By

Agency Name: THE BARNETT GROUP, INC.
Agency Contact: 386-426-7234

Shown By

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

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Estimated Payment

$ 29,459.81 per month $23,869.65 Principal & Interest $4,146.42 Property Tax $1,443.75 Homeowner's Insurance

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