- For Sale $1,300,000
- Property Type VacantLand
- Lot Size 13.5 Acre
- Date Updated Dec 3, 2025
Description
Located on the NWC of N Ridgewood Ave (US Hwy 1) & Pearl StLocated in an OPPORTUNITY ZONE! Edgewater Oaks is a 13.5+/- acre previously entitled, infill development site located in Edgewater, FL. The project was once fully engineered and approved for 130 two-story townhouses (20' wide typical). Ideally located on the NWC of N Ridgewood Ave (US Hwy 1) & Pearl St, just one mile south of New Smyrna Beach. This project would be perfect for a 55+ senior or workforce housing community. Edgewater Oaks is surrounded by development with easy access to retail, recreation and medical providers.
Highlights
- 13.5+/- acres are high and dry
- Can be developed as fee simple townhouse or a rental project
- Engineered plans call for 130 two-story townhouse units (20' wide typical)
- Existing zoning allows friendly permitting in the City of Edgewater
- OPPORTUNITY ZONE PROPERTY!
- Perfect location for 55+ senior or workforce housing
- Previously entitled, infill development site in Edgewater, FL
- Townhouses are approximately 1,800 SF with single car garages (can be revised)
- Utility capacity and all concurrency was previously approved
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Contacts
Chris Butera
SVN | Alliance Commercial Real Estate Advisors
Location
Located at N Ridgewood Ave & Pearl St, Edgewater, FL 32132, this property is part of the Edgewater neighborhood and North Central Florida market.
Contact Listing Broker
Chris Butera
SVN | Alliance Commercial Real Estate Advisors