4220 S Ridgewood Avenue, Edgewater, FL 32141
- $2,950,000
- List Price
- $2,950,000
- Status
- Active
- Days on Market
- 98
- MLS#
- V4927931
- 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) WITH 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 IMMEDIATELY ADJACENT TO A RESTAURANT AND 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 CURRENT PUD AGREEMENT IS PERMITTED TO BE A PRIVATE GATED COMMUNITY WITH EITHER SINGLE-FAMILY RESIDENTIAL UNITS AND/OR TOWNHOUSE/DUPLEX UNITS AND PERMITS GOLF CARTS. CURRENTLY HAS A DENSITY OF 3.09 UNITS/ACRE. LOTS ARE PERMITTED TO ADD THEIR OWN PRIVATE SWIMMING POOL. PUD AGREEMENT REQUIRES 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 AND IS WITH THE BENEFITS OF B-3 ZONING. MUNICIPAL WATER/SEWER INFRASTRUCTURE IS ADJACENT TO THE DEVELOPMENT.
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Additional Information
- Taxes
- $3845
- Location
- Buildable, City Limits, Sidewalk
- Community Features
- No Deed Restriction
- Zoning
- 01B4
- Utilities
- Electricity Available, Sewer Available, Water Available
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 3977335.0
- 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
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Listing courtesy of THE BARNETT GROUP, INC..
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