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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

Overview

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’

Listing Details MLS# 1037747

General Property Information

Lot Size Acres
8.7
Lot Size Dimensions
264x625
Association YN
Yes
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
Association Fee 2
0

Property Features

Current Use: Commercial; Unimproved

Contract Information

Property Sub Type
Unimproved Land
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

Historical Information

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

More Information

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

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