We are proud to offer this exquisite and extremely-rare shovel-ready waterfront opportunity known as River Colony. Situated and primed for residential development on the shores of the Intracoastal Waterway in the City of Edgewater, this offering is available as a bulk portfolio sale only. The already platted River Colony is comprised of 10 individual building lots, three common area lots owned by the HOA, a deep-water parcel that can be used to construct either a community dock/pavilion or individual docks for the five riverfront lots. There is also an existing boat launch site accessible through the common area lot on the north end of the development. The five riverfront lots are approved for single-family residential, and the five adjacent lots on the west side of River Colony Road are approved for either single-family or 10 townhomes. This subdivision has also been exempt from 35-foot height restrictions so that construction plans can be designed with an eye toward maximizing the stunning river views. All 10 lots have water and sewer hookups in place with the impact fees for both already paid. Electric service is also at the building site, and to make things even better, the lift station has already been installed with ownership having been dedicated to the City of Edgewater. There has been an HOA established, which will convey with the portfolio, as well as all development and sub-surface rights. This is one of those unique opportunities where all the “heavy lifting” has already been done, so don’t wait to call today for more details.
Courtesy of: PREMIER SOTHEBYS INT'L REALTY All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 by My Florida Regional MLS DBA Stellar MLS for consumer 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. Updated: 26th October, 2021 5:15 PM