N Ridgewood Ave & Pearl St
- 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
Property 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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,300,000 |
| Lot Size: | 13.50 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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