NOT LISTED FOR SALE

3338 W Indian River Blvd Edgewater, FL 32141

Estimated Value: $4,860,215

96.24 Acres
$50,501 Price per Acre
4,192,214 Sq Ft Lot

Last Sold December 15, 2021

Last sale price $4,225,000

Est. 15% increase in value since last sale

Current estimated payment $32,727/month

141 Days on Market

About This Lot

As of December 2021

Prime development location at the southeast quadrant of Interstate 95 and SR 442 in Edgewater FL. This is a major development area with several large projects under construction and in the planning stages. This property offers 96 acres with 4300 feet (.8 mile) of Interstate 95 frontage located in the immediate vicinity of Miami Corp's three development sites proposed to add nearly 33,000 homes and 9.5 million square feet of commercial space. The three major development sites are The Farmton property with entitlements from the county to accommodate up to 23,100 homes and 4.7 million square feet of commercial, office and industrial space. The Deering Park Center property comprising the southwest quadrant of the I-95/SR 442 with entitlements from the city for up to 1,362 homes and 1.5 million million
square feet of commercial space. The third development is the 6,281-acre Restoration site at the northeast quadrant of I-95/SR 442 with entitlements from the city for 8,500 residential units and 3.2 million square feet office, industrial & commercial space. This is the perfect location for hotels, restaurants, retail shopping centers, strip malls, gas stations/truck stops and apartment complexes. Water and Sewer within close proximity.

Last Agent to Sell the Property

Christopher Connors

Oceans Luxury Realty Full Service LLC License #3170285 Listed on: 07/15/2021

Last Buyer's Agent

Karen Nelson

Nonmember office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $126

Lot Details

  • 96.24 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 8408-00-00-0022

Property Details

Property Type

Land

Est. Annual Taxes

$126

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 96.24
  • Subdivision Name: Not IN Subdivision
  • Directions: south east corner of 442 and Indian River Road
  • Reso Property Type: Land
  • General Property Information Lot Size Acres: 96.24
  • Location Tax and Legal:Parcel Number: 8408-00-00-0022
  • Location Tax and Legal:Tax Annual Amount: 126.0
  • Location Tax and Legal:Tax Year: 2019
  • Utilities:Electricity Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Other
  • Lot Features:Other18: Yes

Utilities

  • Utilities: Electricity Available

Lot Info

  • Current Use: Commercial, Industrial, Mixed Use, Multi-Family, Office, Retail, Unimproved
  • Lot Size Sq Ft: 4192214.4
  • Parcel #: 8408-00-00-0022
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 126.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Dec 10, 2021
Sold by
Silkco Llc
Bought by
The Grand Reserve Columbus Llc
Seller's Agent
Christopher Connors
Oceans Luxury Realty Full Service LLC
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$4,225,000
Sold Price
$4,225,000
Current Estimated Value
$4,860,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,215
Avg. Annual Appreciation
3.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Grand Reserve Columbus Llc $4,225,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $4,225,000 0.0% --
12/03/2021 12/03/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $4,225,000 -- --
Source: Daytona Beach Area Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $89,263 $6,038,625 $6,038,625 --
2025 $89,263 $6,038,625 $6,038,625 --
2024 $70,050 $5,109,606 $5,109,606 --
2023 $70,050 $3,716,077 $3,716,077 $0
2022 $65,666 $3,437,371 $3,437,371 $0
2021 $122 $5,944 $0 $0
2020 $122 $5,944 $0 $0
2019 $126 $5,944 $0 $0
2018 $129 $5,944 $0 $0
2017 $134 $5,944 $0 $0
2016 $142 $5,944 $0 $0
2015 $145 $5,944 $0 $0
2014 $147 $5,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christopher Connors

    Oceans Luxury Realty Full Service LLC

    Section Image

  • K

    Buyer's Agent in 2021

    Karen Nelson

    Nonmember office

    (386) 677-7131

    193 in this area

    8,907 Total Sales

    Karen Nelson
    Section Image

  • n

    Buyer's Agent in 2021

    non member

    Hayward Brown, Inc.

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1074676

Daytona Beach Area Association of REALTORS®

APN: 8408-00-00-0022

Florida Volusia County Edgewater 32141

3338 W Indian River Blvd, Edgewater, FL

Not Listed for Sale

Lots

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