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3338 W Indian River Blvd - 96 ACRES NEXT MAJOR I-95 HUB CENTRAL FL

96.2 Acres of Commercial Land Offered at £5,639,760 in Edgewater, FL 32132

Investment Highlights

  • 96 Total Acres; 88 MF; 8 Commercial with frontage along SR 442 and I-95
  • Great quality of life components: Art out-door activities, and quaint downtown districts
  • 15 Minutes to the Atlantic Ocean
  • Access and close proximity to airports, ports, rail, and major connecting roads

Executive Summary

96 Acres located at the southeast quadrant of SR 442 and Interstate 95 in Edgewater, Florida. The Seller has PUD approvals for 8 acres of commercial and 468 multifamily units on the remaining 88 acres. There is 4,300 feet (.8 mile) of I-95 frontage and 985 feet of commercial frontage on SR 442.
Located in SE Volusia County, Edgewater is located along the Indian River, between New Smyrna Beach and Oak Hill. Its River Walk is a scenic location for festivals. Fishing is great year-round. It is home to leading edge manufacturers including Boston Whaler, Edgewater Power Boats, and Everglades Boats.
Dropbox Link below.
SVN Link: http://properties.svn.com/96-Acres-Edgewater-FL
City has pending moratorium.

Property Facts

Price £5,639,760
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Fast Food
  • Hospital
  • Hotel
  • Service Station
Total Lot Size 96.20 AC

1 Lot Available

Lot

Price £5,639,760
Price Per AC £58,625
Lot Size 96.20 AC

Located at the planned gateway to the City of Edgewater at I-95 and SR-442, and central to Orlando,Daytona Beach and the Space Coast. 96.2 total acres which include 8 acres of commercial development and 88 acres residential. Pending City Moratorium.

Description

Located at the planned gateway to the City of Edgewater at I-95 and SR-442, and central to Orlando, Daytona Beach and the Space Coast, this 96-acre Mixed Use site has PUD approvals for 468 Multifamily units and 8-acres of commercial development. 4,300 feet (.8 mile) of I-95 frontage. Miami Corp is in the process of developing both the southwest and northwest quadrants along I-95. There are approximately 26.7 acres of wetlands, however, only 2.27 acres are within the proposed residential area, the remaining wetlands provide a buffer and amenity to the site. Located in Southeast Volusia County, just north of Kennedy Space Center and the Space Coast. One hour to the Orlando attractions and International Airport, 15 minutes to the ocean and the white sands of New Smyrna Beach, 25 minutes to Daytona Area of extensive planned residential, industrial and commercial development

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8408-00-00-0022
Land Assessment
£4,002,354
Improvements Assessment
£0
Total Assessment
£4,002,354

zoning

Zoning Code PUD (96.2 Acres PUD: 88 Acres Multifamily and 8 Acres Commercial)
PUD (96.2 Acres PUD: 88 Acres Multifamily and 8 Acres Commercial)
  • Listing ID: 29012921

  • Date on Market: 15/07/2023

  • Last Updated:

  • Address: 3338 W Indian River Blvd, Edgewater, FL 32132

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