Edgewater Oaks, a residential development project
N Ridgewood Ave & Pearl St
Edgewater, FL 32132
FOR SALE
Property Type:
Residential Land DevelopmentAmount:
$1,300,000
Last Verified:
Dec 10, 2024Daily Email Blast
0 times
Highlights
- OPPORTUNITY ZONE PROPERTY!
- Previously entitled, infill development site in Edgewater, FL
- 13.5+/- acres are high and dry
- Engineered plans call for 130 two-story townhouse units (20' wide typical)
- Townhouses are approximately 1,800 SF with single car garages (can be revised)
- Perfect location for 55+ senior or workforce housing
- Can be developed as fee simple townhouse or a rental project
- Utility capacity and all concurrency was previously approved
- Existing zoning allows friendly permitting in the City of Edgewater
Description
Located in an OPPORTUNITY ZONE! Edgewater Oaks is a 13.5+/- acre previously entitled, infill development site located in Edgewater, FL. The project was once fully engineered and approved for 130 two-story townhouses (20' wide typical). Ideally located on the NWC of N Ridgewood Ave (US Hwy 1) & Pearl St, just one mile south of New Smyrna Beach. This project would be perfect for a 55+ senior or workforce housing community. Edgewater Oaks is surrounded by development with easy access to retail, recreation and medical providers.
Located on the NWC of N Ridgewood Ave (US Hwy 1) & Pearl St
Lot Size: 13.5 acres
