3199 W Indian River Blvd - Commercial LAND FOR SALE


Edgewater, FL 32132 871,200 SF
$4,999,900 USD
386-212-1598
3199 W Indian River Blvd, Edgewater, FL for Sale
$4,999,900 USD
Commercial LAND - FOR SALE
1/6
871,200 SF

3199 W Indian River Blvd
Edgewater, FL 32132


HIGHLIGHTS

  • City installed water, sewer & reclaimed water lines in front of property and extended to Just west of I-95 Interchange
  • City recemented Rezoning to MUPUD (Mixed Use Planned Unit Development)
  • Directly in front of Coral Trace Residential Sub.
  • Mostly cleared 20 +/- Acres
  • Area projected for high growth
  • Owner looking to do a 1031 IRC Tax Deferred Exchange for Income Property

OVERVIEW

Ideal 20 +/- Acres vacant lot in the City of Edgewater, FL and ready for development, just over 1,000 +/- ft. on Hwy 442 frontage for E.Z. access. Adjoining developed residential subdivision Coral Trace lying in back of this parcel. New Sewer, Water, and Reclaimed Water lines installed in front of subject property! Property is currently Zoned for 1-acre residential lots. The city is recommending rezoning for mixed-use commercial that would make an Ideal Site for a Shopping Center, Restaurants, Gas Station, Retail, Assisted Living, Apartments, Self-Storage, Etc. Just east of I-95 & 442 Interchange Edgewater, FL. Prime area for future development with the city of Edgewater's purchase of property across the Blvd for their new city complex. East of I-95 is the Miami Corp to develop new homes, office, industrial and commercial space. The Farmington groups are developing over 60,000 +/- acres in this area. Projects include about 2,300 new homes, commercial & industrial development area, etc. The city of Edgewater is growing to be the next prime city! The sellers are intending to do a 1031 exchange for income property.

FOR SALE DETAILS

PRICE

$4,999,900 USD

PRICE/ACRE

$249,995/AC

PRICE/SF

$6 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Florida I-95 Interchange Site for Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Mixed Use, Apartment Units - Senior, Bank, Drug Store, Fast Food, Health Care, Hotel, Restaurant, Service Station, Storefront Retail/Office, Strip Center, Supermarket

LAND ACRES

20 AC

LAND SF

871,200 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Cable, Telephone

ZONING

A-3

APN/PARCEL ID

8438-02-00-0110

ASK ABOUT THIS PROPERTY

Herb LubanskyHerb Lubansky RealtyMore Info
386-212-1598

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Herb LubanskyHerb Lubansky RealtyMore Info
386-212-1598

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