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.