$4,700,000
2739 S Ridgewood Avenue
South Daytona, FL 32119
MLS# 1037747
Status: Closed



2739 S Ridgewood
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2739 S Ridgewood

Property Description
An excellent mixed-use and/or condo development site on the Intracoastal Waterway (Halifax River) in South Daytona Florida. The total site is 8.7 acres with over 600’ of river frontage, and over 1000’ on US Highway 1. This is a fully entitled project with development agreement in place, and an excellent candidate for either pure condo development, or a mixed use concept with retail and condominium components. The currently approved development agreement allows for 522 units at R-60 density, and a maximum building height of 185’

Details
Maps
General Property Information
Lot Size Acres: 8.7
Lot Size Dimensions: 264x625
Association YN: Yes
Association Fee 2: 0
Pool Private YN: No
Water Body Access YN: No
Directions: On U.S. Highway 1, 1.2 miles north of the Dunlawton Bridge and 0.8 miles from the new Port Orange Riverwalk Park.
Public Remarks: An excellent mixed-use and/or condo development site on the Intracoastal Waterway (Halifax River) in South Daytona Florida. The total site is 8.7 acres with over 600’ of river frontage, and over 1000’ on US Highway 1. This is a fully entitled project with development agreement in place, and an excellent candidate for either pure condo development, or a mixed use concept with retail and condominium components. The currently approved development agreement allows for 522 units at R-60 density, and a maximum building height of 185’
List Price/Acre: 586206.9
Sold Price/Acre: 540229.89
Location, Tax, and Legal
Country: US
Parcel Number: 5333-06-00-0010
Tax Annual Amount: 68862
Tax Year: 2017
Tax Legal Description: 3 Parcels 5333-06-00-0010, 5333-06-00-0012, 5333-06-00-0015 S 245.34 FT OF LOT 1 EXC ST RD HALIFAX RIVERSIDE PARK PER OR 3794 PG 3903 PER OR 5444 PGS 3525-3526 PER OR 5628 PGS 2138-2140 INC PER OR 6192 PG 4822 PER OR 6275 PG 0052 PER OR 6280 PG 4669
Current Use
Commercial: 1
Unimproved: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): PUD; Lot SqFt: 165000.00; Franchise Opt In: No
Contract Information
Current Price: $4,700,000
Property Sub Type: Unimproved Land
Status: Closed
Sold Price: $4,700,000
Listing Contract Date: 2018-01-07
Location Tax and Legal
Street Number: 2739
Street Direction Prefix: S
Street Name: Ridgewood
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32119
MLS Area Major: 25 - Daytona S of Beville, E of Nova
Subdivision Name: Not In Subdivision
Status Change Information
Major Change Timestamp: 2022-02-03T21:20:18Z
Major Change Type: Status Change
Purchase Contract Date: 2020-12-08
Close Date: 2022-02-03
Close Price: 4700000
Property Features
Current Use: Commercial; Unimproved

Listing Office: SVN Alliance Commercial Real Estate Advisors

Last Updated: September - 26 - 2024

Information deemed reliable but not guaranteed.


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