NOT LISTED FOR SALE
42.5 Acres
-- Price per Acre
1,851,300 Sq Ft Lot

Sale Details

Date Sold: November 23, 2018

Last sale price $2,800,000

43 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • 42.5 Acre Lot
  • Wooded Lot

About This Lot

As of November 2018

THE MOST BEAUTIFUL WATERFRONT PROPERTY IN EAST VOLUSIA COUNTY. THIS IS ONE OF THE LAST LARGE WATERFRONT/INTRACOASTAL PROPERTIES LEFT. OVER 1000 FEET OF SANDY BEACH ON THE INDIAN RIVER-INTRACOASTAL WATERWAY AND OVER 800 FEET ON A DEEP WATER CANAL. THE RIVERFRONT IS BEAUTIFUL AND DEEP AND THE PROPERTY IS BREATHTAKING. JUST ENOUGH TREES TO MAKE IT A FLORIDA PARADISE. GREAT ELEVATION AT THE RIVERFRONT AND THE CANAL. INITIALLY ZONED AS MH5 THIS 42+ ACRES WAS SCHEDULED AS A PUD WITH THE CITY OF EDGEWATER BUT NEVER COMPLETED. CITY WATER AND SEWER AND ALL UTILITIES ARE AVAILABLE AT THIS SITE.**this listing also includes parcel #8538-12-00-0003) OWNERS WILL CONSIDER FINANCING. (75 ACRES ACROSS THE STREET ALSO AVAILABLE)

Last Agent to Sell the Property

Marcia Barnett

The Barnett Group Inc. License #675268 Listed on: 02/14/2018

Last Buyer's Agent

Karen Nelson

Nonmember office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37,704

Lot Details

  • 42.5 Acre Lot
  • Property fronts an intracoastal waterway
  • River Front
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Property Views

  • Intracoastal
  • River

Listing and Financial Details

  • Assessor Parcel Number 8538-01-00-0071

Property Details

Property Type

Land

Est. Annual Taxes

$37,704

Lot Details

42.5 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 42.5
  • Road Surface Type: Asphalt
  • Subdivision Name: Not IN Subdivision
  • Directions: I-95 TO S.R.442/INDIAN RIVER BLVD -TO U.S.HWY1/RIDGEWOOD AVE. SOUTH ON U.S. HWY1/RIDGEWOOD TO PROPERTY.
  • Reso Property Type: Land
  • General Property Information Lot Size Acres: 42.5
  • Location Tax and Legal:Parcel Number: 8538-01-00-0071
  • Location Tax and Legal:Tax Annual Amount: 37704.0
  • Location Tax and Legal:Tax Year: 2017
  • Location Tax and Legal Zoning Description: Other
  • View:River: Yes
  • View Intracoastal: Yes
  • Utilities:Electricity Available: Yes
  • Waterfront Features Intracoastal2: Yes
  • Utilities Sewer Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Split Possible, Wooded, Other
  • View: Intracoastal, River
  • Waterfront Features: Intracoastal, River Front
  • Waterfront: Yes
  • Waterfront Features:River Front: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Other18: Yes
  • Lot Features:Split Possible: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available

Lot Info

  • Current Use: Horses, Mixed Use, Multi-Family, Unimproved
  • Lot Size Sq Ft: 1851300.0
  • Parcel #: 8538-01-00-0071
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 37704.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Nov 9, 2018
Sold by
Uddo Dolores A and Uddo Joseph
Bought by
Edgewater Waterfront Park Llc
Seller's Agent
Marcia Barnett
The Barnett Group Inc.
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$2,800,000
Sold Price
$2,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 11, 2011
Sold by
Uddo Dolores A
Bought by
Uddo Dolores A

Purchase Details

Closed on
Dec 9, 2009
Sold by
Riverclub Of Edgewater Llc
Bought by
Estate Of Frank Joseph Uddo

Purchase Details

Closed on
Jun 11, 2008
Sold by
Pica Fay
Bought by
Trust #4383 and Land Trust Service Corporation

Purchase Details

Closed on
Dec 23, 2004
Sold by
Sea Edge Partners Llc
Bought by
River Club Seagate Investments Llc

Purchase Details

Closed on
Nov 5, 2004
Sold by
Uddo Frank J
Bought by
River Club Seagate Investments Llc

Purchase Details

Closed on
Nov 15, 1988
Bought by
Uddo Dolores A Co-Tr

Purchase Details

Closed on
Aug 15, 1980
Bought by
Uddo Dolores A Co-Tr
Source: Public Records
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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
Edgewater Waterfront Park Llc $2,800,000 Attorney
Uddo Dolores A -- Attorney
Estate Of Frank Joseph Uddo $1,930,317 Attorney
Trust #4383 -- Fidelity Natl Title Ins Co
River Club Seagate Investments Llc -- Avis Title Ins Agency Inc
River Club Seagate Investments Llc $896,000 Avis Title Ins Agency Inc
River Club Seagate Investments Llc $896,000 Avis Title Ins Agency Inc
River Club Seagate Investments Llc $896,000 Avis Title Ins Agency Inc
River Club Seagate Investments Llc -- Avis Title Ins Agency Inc
Uddo Dolores A Co-Tr $3,440,000 --
Uddo Dolores A Co-Tr $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Edgewater Waterfront Park Llc $2,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2018 11/23/18 Sold $2,800,000 0.0% --
03/29/2018 03/29/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $2,800,000 -- --
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 $49,476 $2,742,355 $2,742,355 --
2025 $49,476 $2,742,355 $2,742,355 --
2024 $49,757 $2,742,355 $2,742,355 --
2023 $49,757 $2,742,355 $2,742,355 $0
2022 $44,014 $2,303,950 $2,303,950 $0
2021 $47,346 $2,303,950 $2,303,950 $0
2020 $47,438 $2,303,950 $2,303,950 $0
2019 $49,010 $2,303,950 $2,303,950 $0
2018 $36,392 $1,677,132 $1,677,132 $0
2017 $37,704 $1,677,132 $1,677,132 $0
2016 $40,003 $1,677,132 $0 $0
2015 $39,996 $1,677,132 $0 $0
2014 $36,424 $1,470,132 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1039379

Daytona Beach Area Association of REALTORS®

APN: 8538-01-00-0071

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