4401 Highway 1

Edgewater, FL 32141

$4,950,000
Price
1,825,164 / 41.9
Lot Size / Acres

Description

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...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.
  1. Listed by Tracey Barlow • THE BARNETT GROUP, INC.

Property Details for 4401 Highway 1

Subdivision Name
ASSESSORS MCHARDY GRANT
Township
18
View
Water
Waterfront
Yes
Water View
Intracoastal Waterway

Location

Listing Courtesy of THE BARNETT GROUP, INC., Tracey Barlow
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LISTING UPDATED: 03/21/2024 08:38 PM

Property Details for 4401 Highway 1

StatusActive
MLS #NS1080970
Days on Market40
Taxes$49,757 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size41.90 AC
CountyVolusia County

Location

Listing Courtesy of THE BARNETT GROUP, INC., Tracey Barlow
Add your commute

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Building Information for 4401 Highway 1

Lot Size41.90 AC

Payment Calculator

$31,161 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,014

Property Taxes

$4,146

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4401 Highway 1

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Direction Faces: West
  • Directions: US 1 or Intracoastal south to address of 4401 S. Ridgewood Ave. Edgewater
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Divided Highway
  • Street Number: 4401
  • Street Name: US HIGHWAY 1
  • State: FL
  • City: EDGEWATER
  • Between US 1 River YN: Yes
  • Geolocation: Edgewater S:442 to Oak Hill
Taxes and HOA Information
  • Tax Block: 1
  • Tax Book Number: 3-152
  • Tax Legal Description: 38-18-35 PER OR 7625 PG 2360 A PORTION OF THE SOUTH 970 FT OF THE NORTH 2872.6 FT OF LOT 3 & A PORTION OF THE SOUTH 970 FT OF THE NORTH 1940 FT OF LOT 7 & A PORTION OF THE SOUTH 970 FT OF THE NORTH 2090 FT OF LOT 11 ASSESSORS SUBDIVISION OF CE MCHARDY GRANT MAP 3 PG 152 MORE PARTICULARLY DESCRIBED AS FOLLOWS BEGINNING AT THE NORTHWEST CORNER OF LOT 3 BLOCK 1 OF WATER FRONT PARK AS RECORDED IN MB 11 PG 251 SAID POINT BEING THER POINT OF BEGINNING THENCE NORTH 18-34-40 WEST ALONG THE EAST RIGHT OF WAY OF US HIGHWAY 1 A DISTANCE OF 854.01 FT TO THE POINT OF CURVATURE OF A CURVE CONCAVE WESTERLY HAVING A RADIUS OF 5827.65 FT AND A CENTERAL ANGLE OF 00-08-12 THENCE RUN ALONG THE ARC OF SAID CURVE A DISTANCE OF 13.90 FT TO A POINT 100 FT
  • Tax Lot: 3
  • Tax Year: 2023
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Property
Lot Information
  • Additional Parcels: No
  • Current Adjacent Use: Residential
  • Current Use: Unimproved Land
  • Lot Features: Buildable, In City Limits
  • Lot Size Dimensions: 2566x885
  • Parcel Number: 8538-01-00-0071
  • Total Acreage: 20 to less than 50
  • Water Access: Intracoastal Waterway
  • Water Access: Yes
  • Water Extras: No
  • Water Frontage Feet ICW: 980
  • Zoning: MH1W
  • Lot Dimensions: 2566x885
Property and Assessments
  • Flood Zone Code: X
  • Flood Zone Date: 09-29-2017
  • Flood Zone Panel: 12127C0715J
  • Public Survey Range: 35
  • Public Survey Section: 38
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public, See Remarks
Interior and Exterior Features
Exterior Features
  • Front Footage: 874
  • Pool: None
  • Pool Private: No
  • Waterfront Features: Intracoastal Waterway
  • Waterfront Feet Total: 980
Interior Features
  • Living Area Units: Square Feet
  • Water View: Yes

Property History for 4401 Highway 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4401 Highway 1

Taxable ValueLand$2,742,355Additions-Total$2,742,355
Tax Record2023$49,757 ($4,146 / month)
Home Facts
Beds0Lot Size1,825,164 SqFtStyleMiscellaneous Vacant LandZoningMH1CountyVOLUSIAAPN8538-01-00-0071Fireplace TypeHas Fireplace

Schools near 4401 Highway 1

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
Indian River Elementary 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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4401 Highway 1 is a 41.9 ac of land for sale in Edgewater, FL 32141. This property was listed for sale on March 20, 2024 by THE BARNETT GROUP, INC., it's currently listed at $4,950,000. It has been on the market for a total of 40 days and was last sold on December 9, 2009. This listing's school district is Volusia. Nearby schools include Indian River Elementary School, New Smyrna Beach Middle School and New Smyrna Beach High School. 4401 Highway 1 is a 0-bed, 0-bath, 41.9 ac of land on a 1,825,164 sq. ft. / 41.9 acres lot.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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: 03/21/2024 08:38 PM