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3338 W INDIAN RIVER BLVD Edgewater, FL 32141
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Key Details
Sold Price $4,225,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V4920581
Sold Date 12/15/21
Construction Status Other Contract Contingencies
HOA Y/N No
Annual Tax Amount $122
Lot Size 91.240 Acres
Acres 91.24
Lot Dimensions 974x4,300
Property Description
Prime development location at the southeast quadrant of Interstate 95 and SR 442 in Edgewater FL. This is a major development area with several large projects under construction and in the planning stages. This property offers 96 acres with 4300 feet (.8 mile) of Interstate 95 frontage located in the immediate vicinity of Miami Corp's three development sites proposed to add nearly 33,000 homes and 9.5 million square feet of commercial space. The three major development sites are The Farmton property with entitlements from the county to accommodate up to 23,100 homes and 4.7 million square feet of commercial, office and industrial space. The Deering Park Center property comprising the southwest quadrant of the I-95/SR 442 with entitlements from the city for up to 1,362 homes and 1.5 million square feet of commercial space. The third development is the 6,281-acre Restoration site at the northeast quadrant of I-95/SR 442 with entitlements from the city for 8,500 residential units and 3.2 million square feet office, industrial & commercial space. This is the perfect location for hotels, restaurants, retail shopping centers, strip malls, gas stations/truck stops and apartment complexes. Water and Sewer within close proximity
Location
State FL
County Volusia
Zoning RC
Exterior
Utilities Available Sewer Nearby, Water Nearby
Building
Lot Size Range 50 to less than 100
Sewer None
Water None
Construction Status Other Contract Contingencies
Others
Ownership Fee Simple
Special Listing Condition None
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095