Prime Commercial Property in Rapidly Growing Community. Don't miss this exceptional opportunity to invest in nearly 2 acres of prime highway frontage commercial property with over 700 feet of bustling U.S. Hwy/Ridgewood Road frontage. Situated in the heart of a rapidly growing community, this property is strategically located within the Community Redevelopment Area of the City of Edgewater. Benefiting from its highly visible location, this property boasts an impressive AADT count of 27,500.Zoned for Highway Commercial B-3, making it an ideal location for businesses seeking maximum exposure and foot traffic. This listing includes 2 parcels: 745205000170 & 745205000180
Property Details
Property Features
Listing Office:
Office Name: LPT REALTY LLC
Listing Agent: ASTRID ARMANI
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot: Cleared, Few Trees
Lot Size: 1.97 Acres
Other
Directions Information:
Directions: Take exit 244 toward Edgewater/Oak Hill onto SR-442 E (W Indian River Blvd). Go for 0.4 mi. Then 0.4 miles Keep right onto W Indian River Blvd (SR-442 E). Go for 3.6 mi. Then 3.6 miles Turn left onto S Ridgewood Ave (US-1 N) toward New Smyrna Bch. Go for 1.6 mi.
Price Information
Listing Price Info
Price Summary:
List Price: $699,000
Tax Information:
Annual Amount: $4,606
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Edgewater, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,556
Per Month
Principal & Interest
$3,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,162
Powered By
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Edgewater Public Elementary School
801 S Old County Rd
Distance between this listing and this school0.63 miles
Public District Grades PK-5
6
/10
Read-Pattillo Elementary School
400 6th St
Distance between this listing and this school1.41 miles
Public District Grades PK-5
10
/10
Coronado Beach Elementary School
3550 Michigan Ave
Distance between this listing and this school1.89 miles
Public District Grades KG-5
Nearby Schools
4
/10
New Smyrna Beach Middle School
1200 S Myrtle Ave
Distance between this listing and this school1.22 miles
Public District Grades 6-8
6
/10
Creekside Middle School
6801 Airport Rd
Distance between this listing and this school9.53 miles
Public District Grades 6-8
3
/10
Silver Sands Middle School
1300 Herbert St
Distance between this listing and this school11.60 miles
Public District Grades 6-8
Nearby Schools
5
/10
New Smyrna Beach High School
1015 10th St
Distance between this listing and this school1.52 miles
Public District Grades 9-12
7
/10
Burns Science and Technology Charter School
160 Ridge Rd
Distance between this listing and this school9.74 miles
Public Charter Grades KG-10
5
/10
Spruce Creek High School
801 Taylor Rd
Distance between this listing and this school10.30 miles
The neighbors living near this home have an average income of $34,776. Most Edgewater, FL residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 106 Lamont St
What is the listing price of this property?
The listing price of 106 Lamont St property is $699,000.
What type of property is this?
The property 106 Lamont St is land located in Edgewater, Florida, 32132.
Is this property for sale now?
Active Listing: 106 Lamont St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,606 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 106 Lamont St in Edgewater, FL and zip code 32132. This home sits on a 1.97 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $699,000.
Edgewater, FL housing market in November 2024 saw over 4 listings sold above listed price, more than 16 sold at listed price and over 16 sold below. The number of homes for sale in Edgewater, FL increased by 0.5% between October 2024 and November 2024. In November 2024 median list price was $329,998 and the average listing age was 56 days.
From Rocket Homes Real Estate and based on county public records data.