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Key Details
Sold Price $4,225,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Square Footage 4,192,214 sqft
Price per Sqft $1
Subdivision Not In Subdivision
MLS Listing ID 1074676
Sold Date 12/15/21
Originating Board Daytona Beach Area Association of REALTORS®
Annual Tax Amount $126
Lot Size 96.240 Acres
Lot Dimensions 96.24
Property Description
Prime development location at the southeast quadrant of Interstate 95 and SR 442 in Edgewater FL. This is a major development area with several large projects under construction and in the planning stages. This property offers 96 acres with 4300 feet (.8 mile) of Interstate 95 frontage located in the immediate vicinity of Miami Corp's three development sites proposed to add nearly 33,000 homes and 9.5 million square feet of commercial space. The three major development sites are The Farmton property with entitlements from the county to accommodate up to 23,100 homes and 4.7 million square feet of commercial, office and industrial space. The Deering Park Center property comprising the southwest quadrant of the I-95/SR 442 with entitlements from the city for up to 1,362 homes and 1.5 million million
square feet of commercial space. The third development is the 6,281-acre Restoration site at the northeast quadrant of I-95/SR 442 with entitlements from the city for 8,500 residential units and 3.2 million square feet office, industrial & commercial space. This is the perfect location for hotels, restaurants, retail shopping centers, strip malls, gas stations/truck stops and apartment complexes. Water and Sewer within close proximity.
Location
State FL
County Volusia
Community Not In Subdivision
Direction south east corner of 442 and Indian River Road
Exterior
Utilities Available Electricity Available
Building
Lot Description Other
Others
Senior Community No
Tax ID 8408-00-00-0022
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