9.77 +/ acres site recently approved for multi family, located in Edgewater, FL. Situated on a major thoroughfare, US Highway 1 (Ridgewood Avenue); less than half mile South of Indian River Blvd (US Highway 442). Zoned B 3 Highway Commercial. With the potential of developing an apartment complex of 100+ units. A variety of uses include also automobile services, sales and leasing, boat sales and leasing, day care children or adult, financial institution, garden & yard supplies, hotel / motel, machine shop / repair, medical / dental offices, recreational uses, restaurants, retail general, shopping centers. Nearby businesses include Dunkin, Chick fil A, Publix, Winn Dixie, Wells Fargo, CVS, Jiffy Lube and Best Western. Anticipated Deering Park Center will be located less than 5 miles away and has been approved for 1,362 homes.