3199 W Indian River Boulevard, Edgewater, FL 32132 (MLS# 1052897)


$3,900,000
3199 W Indian River Boulevard
Edgewater, FL 32132
MLS# 1052897
Status: Contingent



I 95 Interchange & 3199 W. Indian River Blvd
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I 95 Interchange & 3199 W. Indian River Blvd Subject 20 +/- Acres Coral Trace Sub Entrance Looking into Subject property Looking into Subject Property Looking West On W. Indian River Blvd. Looking East On W. Indian River Blvd. New Bike Trail Bridge New Bike Trail Bridge just West of Subject Property To I-95 from West Indian River Blvd. Edgewater West Indian River Blvd. Edgewater, FL to I-95 Interchange Subject 20 +/- Acres

Property Description
This site area appears to be where the center of the city will be with the city 's new purchase of land. Current Zoning from County is A-3 Future City Land use & suggested use would be MPUD Mixed Use Planned Unit Development., This could allow several uses for example: Apartments, Restaurants, gas station, etc. The future is here NOW to do your own development use! New water, sewer & reclaimed lines just installed in front of property. Just West of I-95 is the Farmington Development of 66,000 acres with 25,000 houses slated for the Farmington area between Osteen & Oak Hill, creating 2,300 jobs and create 4 million Sq. Ft. of commercial space. Owner willing to consider a 1031 exchange for income commercial property. Looking for a seasoned developer with good financials and track record

Details
Contract Information
Listing Date: 2019-01-22
Current Price: $3,900,000
List Price: $3,900,000
List Price/SqFt: 4.38
List Price/Acre: 190989.23
Sellers Preferred Escrow Agent: Waterside Title Co
Location, Tax & Legal
Street #: 3199
Compass: W
Street Name: Indian River
Street Suffix: Boulevard
County: Volusia
State/Province: FL
Zip Code: 32132
Area: 80 - Edgewater
Maint Fee Paid: N/A
Sub-Type: Commercial Land
Tax ID: 8438-02-00-0110
Directions: From I-95 & W. Indian River Blvd. (HWY 442) go to N/E Corner of Coral Trace Entrance
Zoning: Single Family
Zoning (Text): A-3
General Property Description
Subdivision: Not In Subdivision
Lot Size: 1044x851 +/-
Road Frontage: 1044 +/-
Acreage: 20.42
Lot SqFt: 889495
Zone Complies: Yes
Phase 1 Envrmnt Complete: No
Survey: Yes
Plat: Yes
Divide: No
Subordinate: No
Topo: Yes
Soil Test: No
Developed: No
Recorded: No
Dispute Res: No
Franchise Opt In: Yes
Remarks & Misc
Easement: Of Record for R/R & Utilities. Etc.
Status Change Info
Status: Contingent
Under Contract Date: 2024-05-06
Property Features
Land Type-Res: 10 - 20; 20+; Corner Lot
Land Type-Commercial: Mixed Use; Multi-Family; Retail
Streets: Asphalt
Water: At Site; Available; Public
Sewer: At Site; Available; Public
Utilities at Site: Electric; Sewer; Telephone; Water; Other
Financing: OWC - Exchange
Special Conditions: None

Listing Office: Herb Lubansky Realty

Last Updated: May - 08 - 2024


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listing data provided by the Daytona Beach Area Association of REALTORS®' Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.

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