4401 Us Highway 1, Edgewater, FL 32141

$4,950,000

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List Price
$4,950,000
Status
Pending
Days on Market
104
MLS#
NS1080970
Lot Size
1,825,164
Acres
41.90
Total Acreage
20 to less than 50
Legal Subdivision Name
Assessors Mchardy Grant
MLS Area Major
Edgewater

Property Description

Under contract-accepting backup offers. SHOVEL READY 42-acre waterfront community with complete Development Order issued. This absolutely beautiful parcel has approx. 980 direct Indian River Intracoastal waterway frontage AND another 900 feet of side canal frontage. Fully engineered and permitted for 165 Manufactured Homes with age restriction of 55+ community. Plans includes boat storage and opportunity for a bar, open to the public, on the water. Engineered site plans is provides for 35% open space, of which 6.61 acres of it are in forms of active and passive open space. There is an existing FDOT median cut present at the center of the parcel. Location is within 1 hour of central Florida theme parks, just minutes to the beach and immediately adjacent to the Mosquito Lagoon known for world-class inshore fishing. You are just minutes from I-95. Close to grocery shopping plaza and the multi-purpose trail that transacts the front of the parcel is connected to the regional rails to trails statewide paved trail system. Southeast Volusia area is also known for good shopping and great restaurants.

Additional Information

Taxes
$49757
Location
Buildable, City Limits
Community Features
No Deed Restriction
Zoning
MH1W
Utilities
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Pool
No Pool
Water View
Intracoastal Waterway
Water Access
Intracoastal Waterway
Water Frontage
Intracoastal Waterway
Flood Zone Code
X
Parcel ID
8538-01-00-0071
Legal Description
38-18-35 PER OR 7625 PG 2360 A PORTION OF THE SOUTH 970 FT OF THE NORTH 2872.6 FT OF LOT 3 & A PORTION OF THE SOUTH 970 FT OF THE NORTH 1940 FT OF LOT 7 & A PORTION OF THE SOUTH 970 FT OF THE NORTH 2090 FT OF LOT 11 ASSESSORS SUBDIVISION OF CE MCHARDY GRANT MAP 3 PG 152 MORE PARTICULARLY DESCRIBED AS FOLLOWS BEGINNING AT THE NORTHWEST CORNER OF LOT 3 BLOCK 1 OF WATER FRONT PARK AS RECORDED IN MB 11 PG 251 SAID POINT BEING THER POINT OF BEGINNING THENCE NORTH 18-34-40 WEST ALONG THE EAST RIGHT OF WAY OF US HIGHWAY 1 A DISTANCE OF 854.01 FT TO THE POINT OF CURVATURE OF A CURVE CONCAVE WESTERLY HAVING A RADIUS OF 5827.65 FT AND A CENTERAL ANGLE OF 00-08-12 THENCE RUN ALONG THE ARC OF SAID CURVE A DISTANCE OF 13.90 FT TO A POINT 100 FT

Listing courtesy of THE BARNETT GROUP, INC.. 386-426-7234

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