2001 South Ridgewood Avenue

Edgewater, FL 32141

$1,800,000
Price
Beds
4,842 Sq. Ft.
$372 / Sq. Ft.
4,842
Sq. Ft.
$372
per Sq. Ft.

Description

The property is located 1 block from the SR442 and Ridgewood Ave. intersection and consist of 4 parcels totaling 1.837 acres. The property includes 5 structures totaling over 8,200 square feet, 4 of which are commercial and 1 is a residential structure. All of the property is zoned B3 Highway Commercial. These structures were associated with a tavern that has been closed. The value has been placed in the property. It is located at the corner of Boston Rd. and S. Ridgewood Ave. in the area of new...The property is located 1 block from the SR442 and Ridgewood Ave. intersection and consist of 4 parcels totaling 1.837 acres. The property includes 5 structures totaling over 8,200 square feet, 4 of which are commercial and 1 is a residential structure. All of the property is zoned B3 Highway Commercial. These structures were associated with a tavern that has been closed. The value has been placed in the property. It is located at the corner of Boston Rd. and S. Ridgewood Ave. in the area of new national chain retail. It has right in and left in ingress and over 300’ Ridgewood frontage with FDOT permitted driveway cut. The AADT count is 22,500 and elevations range from 15’-17’ without suspected wetlands. Presently, the city of Edgewater has ~15,000+ residential permits either approved and/or in the pipeline for approval. The property is also located in the CRA district which provides grant opportunities as well as commitment that a portion of the taxes will be used to enhance the property values in the area. Property has a clean Phase I environmental study. Since the properties presently have structures, there may impact fee credits available if structures are demolished. Immediately adjacent to this property is an additional 1.837 acres that may be considered as possible assemblage opportunity for a total of 3.674 acres. All parcels would provide approximately 604 linear feet of Ridgewood frontage. There are also several existing FDOT access points with these parcels.
  1. Listed by Tracey Barlow • THE BARNETT GROUP, INC.

Property Details for 2001 South Ridgewood Avenue

Subdivision Name
RIVER EDGE ACRES
Township
18S
Waterfront
No

Location

Listing Courtesy of THE BARNETT GROUP, INC., Tracey Barlow
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LISTING UPDATED: 02/10/2024 01:00 AM

Property Details for 2001 South Ridgewood Avenue

StatusActive
MLS #NS1080576
Days on Market127
Taxes$7,976 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1945
Lot Size1.86 AC / 81,116 SF
CountyVolusia County

Location

Listing Courtesy of THE BARNETT GROUP, INC., Tracey Barlow
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Building Information for 2001 South Ridgewood Avenue

Stories1Residences-Year Built1945Lot Size1.86 AC / 81,116 SF

Payment Calculator

$10,488 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$665

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2001 South Ridgewood Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 8285.0
  • Building Area Units: Square Feet
  • Direction Faces: West
  • Directions: South on Ridgewood/US 1 in Edgewater 1 block south of SR442/Indian River Blvd.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: City Street, Divided Highway, Highway, Main Throrughfare, Turn Lanes
  • Unit Number: No
  • Street Number: 2001
  • Street Direction Prefix: S
  • Street Name: RIDGEWOOD
  • Street Suffix: AVENUE
  • State: FL
  • City: EDGEWATER
  • Between US 1 River YN: Yes
  • Geolocation: Edgewater S:442 to Oak Hill
Taxes and HOA Information
  • Tax Block: 3
  • Tax Book Number: 9-260
  • Tax Legal Description: W 125 FT OF LOTS 21 & 22 BLK 3 RIVER EDGE ACRES MB 9 PG 260 PER OR 4596 PG 1002 PER OR 5571 PG 2044 PER OR 5585 PG 1441 PER OR 6054 PGS 2634-2635 PER OR 6060 PGS 4167-4168 PER OR 7306 PG 2152
  • Tax Lot: 21
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 840237030211; 840237030210; 840237030201
  • Additional Parcels: Yes
  • Future Land Use: Commercial
  • Lot Size Dimensions: 300 x 300
  • Parcel Number: 3966538
  • Total Acreage: 1 to less than 2
  • Total Num Buildings: 5
  • Water Access: No
  • Water Extras: No
  • Zoning: 07B3
  • Living Area: 4842
  • Lot Dimensions: 300 x 300
Property and Assessments
  • Year Built Numeric: 1945
  • Flood Zone Code: X
  • New Construction: No
  • Number Of Lots: 4
  • Public Survey Range: 34E
  • Public Survey Section: 02
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete, Wood Frame
  • Foundation Details: Slab
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Cooling: Central Air
  • Living Area Units: Square Feet
  • Water View: No

Property History for 2001 South Ridgewood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2001 South Ridgewood Avenue

Taxable ValueLand$100,000Additions$339,724Total$439,724
Tax Record2023$7,976 ($665 / month)
Home Facts
Baths2Total Finished SqFt3,322 SqFtAbove Grade Finished SqFt3,322 SqFtStories1Lot Size25,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1945Year Renovated1993ZoningB3CountyVOLUSIAAPN8402-37-03-0220

Schools near 2001 South Ridgewood Avenue

This home is within Volusia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 10
Rating
School
Distance
Edgewater Public School
PublicPK to 5

New Smyrna Beach Middle School
Public6 to 8

New Smyrna Beach High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2001 South Ridgewood Avenue is a mixed use property for sale in Edgewater, FL 32141. This property was listed for sale on February 9, 2024 by THE BARNETT GROUP, INC., it's currently listed at $1,800,000. It has been on the market for a total of 127 days and was last sold on February 6, 2007. This listing's school district is Volusia. Nearby schools include Edgewater Public School, New Smyrna Beach Middle School and New Smyrna Beach High School. 2001 South Ridgewood Avenue is a 0-bed, 0-bath, 4,842 sqft mixed use property built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of THE BARNETT GROUP, INC., Tracey Barlow

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 02/10/2024 01:00 AM