3199 W Indian River Boulevard
Florida Mixed Use 20 + Acres Just East of I-95 with City utilities in front of property
Marketing description
Prime location for development on this 20 +/- acres. The current zoning is A-3 residential. The city of Edgewater future land use & suggested use would be MPUD mixed use planned development. The city has purchase property just across SR 442 for their new city hall, fire and police department & other city uses. The area is growing rapidly and just west of I-95 the New Dearing Park has been approved for 70,000 acres formerly Farmington Development is 8,312 Residential units and 4.3 million Sq. Ft. of commercial space. The 1,742-home initial phase in Edgewater is just west of I-95 off SR 442., other residential developments are close by. This property is ideal for a new commercial development with retail sales, offices and apartments. City water, sewer & reclaimed lines are installed in front of property. Owner is considering doing a 1031 exchange. Looking for a seasoned developer that has a purpose for buying the property & with good financials and track record.
Investment highlights
Prime development property for commercial mixed use
All city utilities at site
Corner location in front of Residential subdivision
Just east of I 95
Located just across SR 442 is the new City of Edgewater city complex
A lot of new residential growth in the area
Major residential developments coming E & W of I-95
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