Contacts

Chris Butera

SVN | Alliance Commercial Real Estate Advisors

Property Details

Property Type VacantLand
Lot Size 13.5 Acre
Additional Rent Contact for pricing
Date Updated Dec 11, 2024

Located on the NWC of N Ridgewood Ave (US Hwy 1) & Pearl StLocated 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.

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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

Getting around

50/100
Walk Score ®
62/100
Bike Score ®

Powered by Walk Score ®

City Edgewater, FL
Neighborhood Edgewater
Zip Code 32132
Market North Central Florida

Points of Interest

Shell

0.83 miles
Murphy USA

3.55 miles
Circle K

3.76 miles
BP

5.04 miles
Chevron

5.11 miles
RaceTrac

5.31 miles
Mobil

9.04 miles

Lot 1

6.31 miles

All Suite Motel

0.27 miles
Black Dolphin Inn

1.63 miles
Best Western Edgewater Inn

1.66 miles
Ocean Trillium Suites

2.17 miles
Hacienda del Sol II

2.32 miles
Anchor Inn

2.36 miles
Ocean Eleven Suites

2.44 miles
Sunisands Beach Club

2.44 miles
Best Western New Smyrna Beach Hotel & Suites

2.61 miles
Buena Vista Inn

2.92 miles

Perrine's Produce

1.65 miles
Bealls Outlet

1.82 miles
Winn-Dixie

1.84 miles
ALDI

1.85 miles
Publix

2.41 miles
Big Lots

2.60 miles
Walmart

5.24 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.