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600 S Ridgewood Ave - US HWY 1 OAK HILL, FL 71.73 Acres of Commercial Land Offered at $7,490,000 in Oak Hill, FL 32759
Executive Summary
This prime residential development site along US Highway 1 in Oak Hill, Florida, presents an outstanding opportunity for builders and investors. The property is fully approved and shovel ready for 214 single-family residences, offering a significant advantage for developers seeking to deliver a new community in a high-demand market.
Strategically located on a major north-south corridor, the site provides excellent connectivity to key destinations, including New Smyrna Beach, Daytona Beach, and the greater Orlando area. Its position along US Highway 1 ensures strong visibility and accessibility, while the surrounding region offers a blend of natural beauty and modern conveniences. Residents will enjoy proximity to the Indian River Lagoon, local marinas, and recreational amenities, making this an attractive location for families, retirees, and professionals alike.
With entitlements in place, this property minimizes development risk and accelerates project timelines. The area’s steady population growth, combined with its appeal as a coastal lifestyle destination, positions this site as a compelling investment for creating a master-planned residential community.
Strategically located on a major north-south corridor, the site provides excellent connectivity to key destinations, including New Smyrna Beach, Daytona Beach, and the greater Orlando area. Its position along US Highway 1 ensures strong visibility and accessibility, while the surrounding region offers a blend of natural beauty and modern conveniences. Residents will enjoy proximity to the Indian River Lagoon, local marinas, and recreational amenities, making this an attractive location for families, retirees, and professionals alike.
With entitlements in place, this property minimizes development risk and accelerates project timelines. The area’s steady population growth, combined with its appeal as a coastal lifestyle destination, positions this site as a compelling investment for creating a master-planned residential community.
Property Facts
1 Lot Available
Lot
| Price | $7,490,000 | Lot Size | 71.73 AC |
| Price Per AC | $104,420.05 |
| Price | $7,490,000 |
| Price Per AC | $104,420.05 |
| Lot Size | 71.73 AC |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,335,683 | Total Assessment | $1,335,683 |
Property Taxes
Parcel Numbers
Land Assessment
$1,335,683
Improvements Assessment
$0
Total Assessment
$1,335,683
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Presented by
Oak Bridge Holdings
600 S Ridgewood Ave - US HWY 1 OAK HILL, FL
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