4220 S Ridgewood Avenue, Edgewater, FL 32141

$3,300,000

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List Price
$3,300,000
Status
Active
Days on Market
331
MLS#
NS1085868
Lot Size
1,925,352
Acres
44.20
Total Acreage
20 to less than 50
MLS Area Major
Edgewater

Property Description

44.2-acre Planned Unit Development (PUD) that had previous approvals 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 previously approved PUD agreement has since expired but is a beginning framework to work from. Site engineering plans available upon request. The PUD Agreement was permitted to be a private gated community with a mix of single-family residential units and townhouse/duplex units and permitted golf carts within the private community. Had a density of 3.09 units/acre. Lots were permitted to add their own private swimming pool. The PUD plans 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 commercial zoning. Municipal water/sewer infrastructure is adjacent to the development.

Additional Information

Taxes
$4472
Community Features
No Deed Restriction
Zoning
01B4
Utilities
Cable Available, Electricity Available, Sewer Available, Water Available
Pool
No Pool
Elementary School
Indian River Elem
Middle School
New Smyrna Beach Middl
High School
New Smyrna Beach High
Flood Zone Code
x
Parcel ID
8424-00-00-0038
Legal Description
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

Listing courtesy of THE BARNETT GROUP, INC.. 386-426-7234

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