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About this home
2901 S Ridgewood Ave is a home in Squaretopville, Edgewater. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
An exceptional opportunity to shape one of the most strategically positioned mixed-use developments in the growing corridor of Edgewater. This fully approved and permitted project offers the rare advantage of immediate development potential with entitlements already in place for 162 multifamily residences under the highly desirable “Live Local” designation, paired with 4.52 acres of prime commercial land zoned B-3 within the City of Edgewater. Positioned directly on high-visibility Ridgewood Avenue / US-1 and adjacent to a major Publix-anchored shopping center, the property delivers outstanding accessibility, consumer traffic, and long-term growth potential in one of Central Florida’s expanding markets. The approved mixed-use configuration creates a compelling opportunity for developers and investors seeking to capitalize on the increasing demand for workforce housing, retail, dining, medical, and service-oriented commercial uses. With approvals secured, premier frontage, and a location surrounded by established retail and residential growth, this is a turnkey development opportunity designed for immediate momentum and lasting value.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$5,100,000
Time on market
150 days
Monthly payment
About $30,225/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $12,910 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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