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0 S Ridgewood Ave - Worthington Creek 75.41 Acres of Residential Land Offered at $7,850,000 in Edgewater, FL 32141
Executive Summary
This development-ready parcel, located near the intersection of S Ridgewood Avenue and Clinton Cemetery Road, offers an exceptional opportunity for residential builders and investors. The property is fully approved and shovel ready for 150 single-family residences and 104 townhome units, providing a significant head start for developers seeking to capitalize on the growing demand for housing in this region.
The site benefits from its strategic location along S Ridgewood Avenue, a well-traveled corridor that ensures convenient access to major highways, employment centers, and essential services. The surrounding area features a mix of residential neighborhoods, retail amenities, and recreational destinations, making it an attractive setting for future homeowners.
With entitlements in place for 254 homes, this property minimizes entitlement risk and accelerates the development timeline. The area’s strong population growth, combined with its proximity to schools, shopping, and transportation routes, positions this site as a prime candidate for a master-planned residential community.
The site benefits from its strategic location along S Ridgewood Avenue, a well-traveled corridor that ensures convenient access to major highways, employment centers, and essential services. The surrounding area features a mix of residential neighborhoods, retail amenities, and recreational destinations, making it an attractive setting for future homeowners.
With entitlements in place for 254 homes, this property minimizes entitlement risk and accelerates the development timeline. The area’s strong population growth, combined with its proximity to schools, shopping, and transportation routes, positions this site as a prime candidate for a master-planned residential community.
Property Facts
| Price | $7,850,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 75.41 AC |
| Property Type | Land | ||
| Zoning | A-3 - Agricultural - 3 | ||
| Price | $7,850,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 75.41 AC |
| Zoning | A-3 - Agricultural - 3 |
1 Lot Available
Lot
| Price | $7,850,000 | Lot Size | 75.41 AC |
| Price Per AC | $104,098.31 |
| Price | $7,850,000 |
| Price Per AC | $104,098.31 |
| Lot Size | 75.41 AC |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $852,000 | Total Assessment | $852,000 |
Property Taxes
Parcel Numbers
Land Assessment
$852,000
Improvements Assessment
$0
Total Assessment
$852,000
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Presented by
Oak Bridge Holdings
0 S Ridgewood Ave - Worthington Creek
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