Active

$319,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRO6366633
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
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 2025–2030, 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*
Financial Considerations
Price:
$319,000
HOA Fee:
N/A
Tax Amount:
$4823
Price per SqFt:
$17.52
Tax Legal Description:
W 167 FT OF LOTS 1 & 2 & OF N 27 FT OF LOT 3 SUB LOT 39G ALVAREZ EXC PT IN RD WDNG BEING N 18.199 FT ON W/L OF LOT 1 PER D/C 6219 PG 4141 PER OR 6242 PGS 0176-0177 PER OR 6448 PG 1247 PER OR 8316 PG 0777
Exterior Features
Lot Size:
18203
Lot Features:
Corner Lot, City Limits, May Need To be Filled, Oversized Lot, Sidewalk, Street Lights, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    103 FLAGLER AVE
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

img
  • Featured
  • Active

11117 MCMULLEN RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 695,000
img
  • Featured
  • Active

17738 POWERLINE RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 449,000
img
  • Featured
  • Active

841 INDIAN ROCKS RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 1,249,000
avt
Daniel Dourado
$ 1,275,000
img
  • Featured
  • Active

2042 YORKSHIRE DR

  • 0
  • 0 m²
avt
Daniel Dourado
$ 499,000
img
  • Featured
  • Active

520 HIGHLANDER DR #Lot 4

  • 0
  • 0 m²
avt
Daniel Dourado
$ 649,900
img
  • Featured
  • Active

520 HIGHLANDER DR #Lot 1

  • 0
  • 0 m²
avt
Daniel Dourado
$ 399,900
avt
Daniel Dourado
$ 265,000
img
  • Featured
  • Active

520 HIGHLANDER DR #Lot 2

  • 0
  • 0 m²
avt
Daniel Dourado
$ 624,900
img
  • Featured
  • Active

520 HIGHLANDER DR #Lot 3

  • 0
  • 0 m²
avt
Daniel Dourado
$ 624,900
img
  • Featured
  • Active

520 HIGHLANDER DR #Lot 5

  • 0
  • 0 m²
avt
Daniel Dourado
$ 649,900
img
  • Featured
  • Active

105 BRIDLE RIDGE CT

  • 0
  • 0 m²
avt
Daniel Dourado
$ 255,000