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.