The possibilities are endless for commercial development on this property which encompasses 7 adjoining parcels and totals 8.2 +/- acres of direct riverfront mixed use land! To the east, 621 ft of direct Intracoastal Waterway frontage and to the west, 566 ft of frontage on busy US1. With easy access by boat or vehicle, this is an amazing opportunity for a resort style condo/hotel, full service marina, slips & dry storage, retail, restaurants, entertainment, convention center, and nearly anything else you can think of! Imagine a destination location, encompassing food, drinks & entertainment such as The Landing (Jacksonville, FL) Channelside (Tampa, FL) and The Bayside Marketplace. (Miami, FL) Beaches are 5 minutes away, easy access to I-95 & I-4, 3 airports serve the area; Sanford & Orlando (both are international) & Daytona. This area attracts hundreds of thousands of visitors every year for a plethora of reasons ranging from: events at Daytona Speedway, (throughout the year) events at our $26 mil convention center, our proximity to the theme parks, Bike Week, Biketoberfest, London Symphony Orchestra Theater, or our World Famous Beaches! This area also offers a lot for outdoor activities; beautiful golf courses, (we are home of the LPGA) tennis, (USTA makes their home here also) boating, canoeing, jet skis, surfing, fishing, scuba diving.the list goes on. Was zoned for 492 units & entitlements were permitted on the previous project, so there is clearly plenty of flexibility as to what can be done with this waterfront commercial opportunity!
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Other Residential located at 2941 South Ridgewood Ave, South Daytona, FL 32119 is currently for sale.
2941 South Ridgewood Ave is listed for $2,999,999.
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