4401 US HIGHWAY 1 at

4401 US HIGHWAY 1

$4,950,000

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Overview

41.9 acres

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.

Property Details

MLS#

NS1080970

Address

4401 US HIGHWAY 1

City

EDGEWATER

State/county

Zip/Postal Code

32141

Area

Assessors Mchardy Grant

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$49,757

Maint Fee

$--

Tax Year

2023

Water

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