103 FLAGLER AVENUE EDGEWATER FL 32132 (MFRO6366633)
Overview of Parcel 745201000405
Prime 0.42-acre corner lot on park ave r3 zoning, 3 blocks from the edgewater boat ramp* positioned only 3 blocks from the edgewater boat ramp, city hall and the area planned for the future downtown edgewater redevelopment, this 0.42-acre corner lot sits in the heart of a rapidly evolving coastal community. The city of edgewater has publicly outlined a funded acquisition plan running 20252030, with construction anticipated to begin in 2030, and several nearby properties have already been purchased as part of this long-term vision. This area is poised for transformation creating exceptional upside for investors who get in now. While edgewater has had its challenges with stormwater infrastructure, the city has allocated a separate budget to address canals and drainage and has already begun improvements in surrounding areas. Flexible r3 zoning allows for multifamily residential development today, with the added potential to pursue rezoning to commercial, industrial, or retail consistent with successful rezonings of neighboring parcels. No hoa and short-term rentals permitted, giving you maximum freedom for future use and income opportunities. All within a short 5-minute drive to downtown new smyrna beach and 10 minutes to the famous drivable nsb beaches, this property offers unmatched convenience, lifestyle, and long-term growth potential. A rare investment opportunity in a location with big things on the horizon! Disclosure: an existing single-family home and detached garage are on the property and will need to be demolished, and the land will require fill; the list price reflects these conditions*
Please contact your ZFC agent for more information about MLS# MFRO6366633 or any other land for sale in Edgewater or elsewhere in the Volusia County area.
Parcel 745201000405 Price Calculator
The payment calculator figures for Parcel 745201000405 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this land for sale are estimated based on the actual property taxes for this property for the tax year 2024 which are $4,823 but will likely change when this land sells. These estimations are calculated from a list price of $319,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the land characteristics and location.
Recent Land Sales near Parcel 745201000405
MLS# MFRO6366633 Listing History
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Map of Parcel 745201000405 Edgewater FL 32132
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