For Sale
$3,900,000

3199 Indian River BlvdEdgewater, FL 32132

Prime 20+ acre development site, ideal for mixed-use.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 20.42-acre commercial land parcel in Edgewater, Florida, presents a remarkable opportunity for development. Located at 3199 W Indian River Boulevard, this property boasts a prime location just east of I-95, offering unparalleled accessibility and visibility. The city of Edgewater is actively encouraging mixed-use development in this area, making it an ideal location for a project incorporating retail, office, and residential components. The property's strategic position is further enhanced by its proximity to the new Edgewater city hall, fire and police department, and other city facilities, recently constructed across the highway. City water, sewer, and reclaimed water lines are conveniently located at the property's frontage. This corner lot is situated in front of a residential subdivision, benefiting from a built-in customer base and strong residential growth in the surrounding area. The asking price is $3,900,000, translating to $4 per square foot. The property is zoned for rezoning, offering flexibility for a variety of development plans. The seller is open to a 1031 exchange, making this an attractive investment opportunity for qualified buyers. Serious inquiries from seasoned developers with a clear vision, strong financials, and a proven track record are encouraged. The property's APN is 8438-02-00-0110, and it is owned by a corporation.

Highlights

  • 20.42-acre mixed-use development site in Edgewater, FL.
  • All city utilities available on-site.
  • Corner lot adjacent to a residential subdivision.
  • Excellent visibility and accessibility, located just east of I-95.
  • Across the highway from the new Edgewater city complex.
  • Strong residential growth and new developments in the area.

Property Details for 3199 Indian River Blvd

Property type
Land, Commercial land
Lot Size (sq. ft)
889,495 SF

Location Insight

City
Edgewater
County
Volusia
State
Florida
Latitude
28.95227564498
Longitude
-80.942062815721
3199 Indian River Blvd, Edgewater, Florida

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3199 Indian River Blvd
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