3338 W INDIAN RIVER BLVD, Edgewater, FL 32141

$4,225,000

Est. payment /mo

$4,990,000

15.3%
Est.Price: ?

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3338 W INDIAN RIVER BLVD Edgewater, FL 32141

91.24 Acres Lot

SOLD DATE : 12/15/2021

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

HOA Y/N No

Annual Tax Amount $122

Lot Size 91.240 Acres

Acres 91.24

Lot Dimensions 974x4,300

Property Sub-Type Commercial

Source Stellar MLS

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

Area 32141 - Edgewater

Zoning RC

Exterior

Utilities Available Sewer Nearby, Water Nearby

Building

Lot Size Range 50 to less than 100

Sewer None

Water None

Others

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by Christopher Connors OCEANS LUXURY REALTY FULL SVC
Bought with Stellar Non-Member Agent STELLAR NON-MEMBER OFFICE

NEARBY SCHOOLS & BUSINESSES

Bryan Fangman

Bryan Fangman

Broker / Owner | License ID: BK679904

+1(407) 358-6996

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