2739 S Ridgewood Avenue, South Daytona, FL 32119 (MLS# 1037747)

2739 S Ridgewood Avenue, South Daytona, FL 32119

$4,700,000
Property Type: Land Lot Size (sq. ft.): 378,972 Status: Closed
Current Price: $4,700,000 List Date: 1/08/2018 Last Modified: 9/26/2024

Description

An excellent mixed-use and/or condo development site on the Intracoastal Waterway (Halifax River) in South Daytona Florida. The total site is 8.7 acres with over 600’ of river frontage, and over 1000’ on US Highway 1. This is a fully entitled project with development agreement in place, and an excellent candidate for either pure condo development, or a mixed use concept with retail and condominium components. The currently approved development agreement allows for 522 units at R-60 density, and a maximum building height of 185’

More Information MLS# 1037747

General Property Information

Lot Size Acres: 8.7 Lot Size Dimensions: 264x625 Association YN: Yes Association Fee 2: 0 Pool Private YN: No Water Body Access YN: No Directions: On U.S. Highway 1, 1.2 miles north of the Dunlawton Bridge and 0.8 miles from the new Port Orange Riverwalk Park. Public Remarks: An excellent mixed-use and/or condo development site on the Intracoastal Waterway (Halifax River) in South Daytona Florida. The total site is 8.7 acres with over 600’ of river frontage, and over 1000’ on US Highway 1. This is a fully entitled project with development agreement in place, and an excellent candidate for either pure condo development, or a mixed use concept with retail and condominium components. The currently approved development agreement allows for 522 units at R-60 density, and a maximum building height of 185’ List Price/Acre: 586206.9 Sold Price/Acre: 540229.89

Location, Tax, and Legal

Country: US Parcel Number: 5333-06-00-0010 Tax Annual Amount: 68862 Tax Year: 2017 Tax Legal Description: 3 Parcels 5333-06-00-0010, 5333-06-00-0012, 5333-06-00-0015 S 245.34 FT OF LOT 1 EXC ST RD HALIFAX RIVERSIDE PARK PER OR 3794 PG 3903 PER OR 5444 PGS 3525-3526 PER OR 5628 PGS 2138-2140 INC PER OR 6192 PG 4822 PER OR 6275 PG 0052 PER OR 6280 PG 4669

Current Use

Commercial: 1 Unimproved: 1

Historical Information

Public Historical Remarks 1: Zoning (Text): PUD; Lot SqFt: 165000.00; Franchise Opt In: No

Contract Information

Current Price: $4,700,000 Property Sub Type: Unimproved Land Status: Closed Sold Price: $4,700,000 Listing Contract Date: 2018-01-07

Location Tax and Legal

Street Number: 2739 Street Direction Prefix: S Street Name: Ridgewood Street Suffix: Avenue County: Volusia State: FL Postal Code: 32119 MLS Area Major: 25 - Daytona S of Beville, E of Nova Subdivision Name: Not In Subdivision

Status Change Information

Major Change Timestamp: 2022-02-03T21:20:18Z Major Change Type: Status Change Purchase Contract Date: 2020-12-08 Close Date: 2022-02-03 Close Price: 4700000

Property Features

Current Use: Commercial; Unimproved
Listing Office: SVN Alliance Commercial Real Estate Advisors
Last Updated: September - 26 - 2024
Information deemed reliable but not guaranteed.