Land•Office•For Sale

Lighthouse Cove Development

US 1, Oak Hill, Florida 32759

Sale Price $10,200,000
Zoning RPUD, which allows 4.4 du/acre
Land Area 100.6 Acres
Improvements Permitted Lots: 440 ± with about 10 home sites that could be located on Mosquito Lagoon Road Frontage: 1,810 ± ft on US 1 Uplands/Wetlands: 99.6 ± acres uplands; 1± acre wetlands Utilities & Water Source: Public water & sewer are adjacent to the property and are provided by Volusia County COA or HOA: No HOA or CDD Nearest Points of Interest: Mosquito Lagoon, Daytona Beach, New Smyrna Beach Water Features: 600 ± ft on Mosquito Lagoon
Land Use Land Investment, Residential Development, Waterfront
Lighthouse Cove Development provides beneficial road frontage on US 1 along with significant water frontage on one of  the least developed regions on the east coast  of Florida, Mosquito Lagoon. The lagoon has  a resident population of Atlantic bottlenose dolphins and is home to the northernmost extent of red and black mangroves which provide ideal habitat for other aquatic creatures. Nearly two-thirds of the original aquatic preserve boundary is now a part of Canaveral National Sea-shore or Merritt Island National Wildlife Refuge. Many neighboring benefits provides Ideal amenities in a growing location with high quality neighborhoods provide significant value to this residential development investment. Within this 100-acre lot, there are 440 ± permitted lots with about 10 of the sites with waterfront access on Mosquito Lagoon. Mosquito Lagoon Aquatic Preserve is in east- central Florida region, south of Ponce de Leon Inlet. The property is adjacent to two cities, New Smyrna Beach, Edgewater and 50 miles northeast of Orlando. The location is unique  to the inland waters of the Atlantic Coast  of Florida, and a feeling of relative isolation  is attainable just a short distance from boat ramps. These conveniences provide upscale features to offer potential residence making this residential development a picture-perfect location. From SR 44 in New Smyrna Beach go south on US 1 about 10 miles, property will be on the left.
  • 440 ±, with about 10 home sites that could be located on Mosquito Lagoon
  • 1,810 FT road frontage on US 1
  • Close to Mosquito Lagoon, Daytona Beach, New Smyrna Beach
  • Public Water & Sewer are adjacent to the property
2/13/2020 7:26:25 PM 6/4/2020 1:02:14 PM
Clay Taylor
Sales Associate
SVN Saunders Ralston Dantzler Real Estate
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