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4401 US Highway 1, Edgewater, FL, 32141

$4,950,000

41.90 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
WaterfrontIntracoastal Waterway
ViewWater
MLS #NS1080970
Lot Size41.90 Acres
StatusActive

About 4401 US Highway 1

SHOVEL READY 42-acre waterfront community with complete Development Order issued. This absolutely beautiful parcel has approx. 980 direct Indian River Intracoastal waterway frontage AND another 900 feet of side canal frontage. Fully engineered and permitted for 165 Manufactured Homes with age restriction of 55+ community. Plans includes boat storage and opportunity for a bar, open to the public, on the water. Engineered site plans is provides for 35% open space, of which 6.61 acres of it are in forms of active and passive open space. There is an existing FDOT median cut present at the center of the parcel. Location is within 1 hour of central Florida theme parks, just minutes to the beach and immediately adjacent to the Mosquito Lagoon known for world-class inshore fishing. You are just minutes from I-95. Close to grocery shopping plaza and the multi-purpose trail that transacts the front of the parcel is connected to the regional rails to trails statewide paved trail system. Southeast Volusia area is also known for good shopping and great restaurants.

Property Details

Property Features

Listing Office:

  • Office Name: THE BARNETT GROUP, INC.
  • Office Phone: (386) 426-7234
  • Listing Agent: Tracey Barlow

Exterior Features

Exterior Information:

  • Waterfront: Intracoastal Waterway
  • View: Water

Virtual/3D Tour

  • Virtual Tour: 4401 US Highway 1

Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 41.90 Acres

School Info

Assigned Schools Information:

  • New Smyrna Beach High School, Public District Grades 9-12
  • New Smyrna Beach Middle School, Public District Grades 6-8
  • Indian River Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: US 1 or Intracoastal south to address of 4401 S. Ridgewood Ave. Edgewater

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,950,000

Tax Information:

  • Annual Amount: $47,438
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Edgewater, FL.

Med. Sold Price

$316.7K

Med. Price/SqFt

$207

Avg. Days On Market

43

# of Sold Homes

49

4401 US Highway 1 vs Edgewater

42 DAYS ON ROCKET

-1 Day

$4,950,000

+$4.6M More

KEY TAKEAWAY

This property is $4.6M more than the Median Sold Price in Edgewater, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #NS1080970

Listing Office:

  • Office Name: THE BARNETT GROUP, INC.
  • Office Phone: (386) 426-7234
  • Listing Agent: Tracey Barlow

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/2/2024, 10:19:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 21, 2018Home Sold
$2,800,000
Dec 22, 2009Home Sold
$1,930,317
Dec 30, 2004Home Sold
$896,000
Dec 30, 2004Home Sold
$896,000
Dec 30, 2004Home Sold
$896,000

Tax History

YEARPROP. TAXASSESSMENT
2020$47,438$2,303,950
2019$49,010$2,303,950
2018$36,391$1,677,132
2017$37,704$1,677,132

History based on county public records data.

Payment Calculator

$24.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.9K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4665190
5
/10
  • Indian River Elementary School

  • 650 Roberts Rd

  • 2.89 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4665191
3
/10
  • New Smyrna Beach Middle School

  • 1200 S Myrtle Ave

  • 7.42 miles

  • Public District Grades 6-8

High School

school-card-donut-4665192
4
/10
  • New Smyrna Beach High School

  • 1015 10th St

  • 7.55 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,150. Most Edgewater, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4401 US Highway 1

What is the listing price of this property?

The listing price of 4401 US Highway 1 property is $4,950,000.

What type of property is this?

The property 4401 US Highway 1 is land located in Edgewater, Florida, 32141.

Is this property for sale now?

Active Listing: 4401 US Highway 1 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4401 US Highway 1 are:
Indian River Elementary School: GreatSchools Rating 5/10
New Smyrna Beach Middle School: GreatSchools Rating 3/10
New Smyrna Beach High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $47,438 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 21, 2018 for $2,800,000. (source: MLS/tax record).

How much acreage is this property?

The property 4401 US Highway 1 is 41.90 acres.
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Rocket Homes›Florida›Volusia County›Edgewater›32141›4401 US Highway 1

This home is located at 4401 US Highway 1 in Edgewater, FL and zip code 32141. This home sits on a 41.90 acre lot. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $4,950,000.

Edgewater, FL housing market in April 2024 saw over 7 listings sold above listed price, more than 13 sold at listed price and over 29 sold below. The number of homes for sale in Edgewater, FL increased by 1.8% between March 2024 and April 2024. Listings spent 43 days on the market in April 2024, and had a median list price of $316,750 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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