2901 Ridgewood Ave S - Residential LAND FOR SALE


Edgewater, FL 32141- Florida Shores405,979 SF
$3,240,000 USD
352-267-4244
2901 Ridgewood Ave S, Edgewater, FL for Sale
$3,240,000 USD
Residential LAND - FOR SALE
1/8
405,979 SF

2901 Ridgewood Ave S
Edgewater, FL 32141
Florida Shores


HIGHLIGHTS

  • Fully Approved & Permitted Multifamily / Commercial Development
  • 162 Multifamily Units - "Live Local Approved"
  • 4.52 Acres Commercial - Zoned B-3 City of Edgewater
  • Located on Ridgewood Ave / US-1 Adjacent to a Publix Shopping Center in the City of Edgewater.

OVERVIEW

Presented by Engel & Völkers New Smyrna Beach, this exceptional offering represents a rare, fully approved and permitted mixed-use development opportunity in the rapidly growing Edgewater market. Spanning a strategic and highly visible corridor along Ridgewood Avenue (US-1), the property is approved for 162 multifamily units under the highly desirable “Live Local” designation, providing developers with a streamlined path to deliver much-needed housing in a supply-constrained area. Complementing the residential component is 4.52 acres of commercially zoned land (B-3 – Highway Commercial), allowing for a broad spectrum of retail, dining, service, and business uses—ideal for creating a vibrant, integrated live-work environment. Positioned adjacent to a high-traffic Publix-anchored shopping center, the site benefits from exceptional visibility and accessibility along one of the region’s primary retail arteries, with approximately 30,500 vehicles passing daily. This premier frontage ensures strong exposure for future commercial tenants and long-term value for investors. The surrounding 5-mile trade area is robust and growing, supported by over 50,500 residents and 17,100 employees, with an average household income of $92,527—delivering a built-in consumer base and strong demand drivers for both residential and commercial components. This is a turnkey development opportunity in one of Central Florida’s most active growth corridors—perfectly suited for developers and investors seeking scale, entitlement certainty, and prime frontage in a high-demand market.

FOR SALE DETAILS

PRICE

$3,240,000 USD

PRICE/ACRE

$347,639/AC

PRICE/SF

$8 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Fully Approved Multifamily / Comm Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Retail, Multi-Family, Bank, Car Wash

LAND ACRES

9.32 AC

LAND SF

405,979 SF

OFFSITE IMPROVEMENTS

-

ZONING

B-3, Highway Commercial

APN/PARCEL ID

841201000060

ASK ABOUT THIS PROPERTY

Chris PixleyFusilier Realty GroupMore Info
352-267-4244

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Chris PixleyFusilier Realty GroupMore Info
352-267-4244

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.