$4,490,000

EDGEWATER FL, 32141

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 Corps 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 station/truck stops and apartment complexes. Water and Sewer within close proximity.

Details

MLS#V4908512
Sub-TypeResale
StatusActive
Days On Site63

Features

ZoningB6, A3, A2
Acreage96.00

Market Activity 32141

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Area Information

StateFL
CityEDGEWATER
Zip Code32141
Area32141 - Edgewater
Listing VS Median (in 32141)
Price:
$4,490,000
low | high
Med:
$179,000
100% of Average
On Site:
63
low | high
Med:
136
46.323529411765% of Average
Listing Updated: 09/14/2019
MLS Number: V4908512
Listing Provided By:
Justin Falb  of  OCEANS LUXURY REALTY FULL SVC

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