UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,560 sqft
Price per Sqft $190
Subdivision Assessors Alvarez Grant
MLS Listing ID O6419023
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1949
Annual Tax Amount $4,643
Lot Size 0.420 Acres
Acres 0.42
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Welcome to this charming coastal home, complete with a detached garage, dedicated BOAT STORAGE and thoughtful updates throughout. Recent improvements include new windows, new paint inside and out, an updated kitchen and renovated bathrooms. With acceptable terms, THE SELLER WILL INSTALL NEW FLOORING prior to closing — giving the BUYER the opportunity TO SELECT THE FINISH COLOR that best fits their style.
Positioned just three blocks from the Edgewater boat ramp, City Hall, and the area planned for the future Downtown Edgewater (in green and pink outlines in aerial photo) redevelopment, this 0.42-acre corner lot sits in the heart of a rapidly evolving coastal community. The City of Edgewater has publicly outlined a funded acquisition plan running from 2025–2030, with construction anticipated to begin in 2030, and several nearby properties have already been purchased as part of this long-term vision. This area is poised for transformation, creating exceptional upside for those who get in now.
While Edgewater has faced challenges with stormwater infrastructure, the city has allocated a separate budget for canal and drainage improvements and has already begun work in surrounding areas. Flexible R3 zoning allows for multifamily residential development today, with the added potential to pursue rezoning to commercial, industrial, or retail—consistent with successful rezonings of neighboring parcels. With NO HOA and short-term rentals (STR & AirBNB) IS ALLOWED HERE, the property offers outstanding flexibility for future use and income potential.
All of this is just a 5-minute drive to Downtown New Smyrna Beach and 10 minutes to the famous drivable NSB beaches, offering a rare opportunity to invest in a location with convenience, lifestyle appeal, and significant long-term growth potential.
Location
State FL
County Volusia
Community Assessors Alvarez Grant
Area 32132 - Edgewater
Zoning R3
Interior
Interior Features Stone Counters, Thermostat
Heating Central
Cooling Central Air
Flooring Other
Fireplaces Type Wood Burning
Furnishings Unfurnished
Fireplace true
Appliance Microwave, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Other
Parking Features Boat, Circular Driveway, Driveway, Oversized, RV Access/Parking
Garage Spaces 1.0
Fence Wood
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Water Access Yes
Water Access Desc Intracoastal Waterway
Roof Type Metal
Porch Covered, Front Porch, Patio, Porch
Attached Garage false
Exposure West
Garage true
Private Pool No
Building
Lot Description Corner Lot, Paved
Entry Level One
Foundation Other, Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Architectural Style Coastal, Key West
Structure Type Block,Brick,Stucco
New Construction false
Schools
Elementary Schools Edgewater Public School
Middle Schools New Smyrna Beach Middl
High Schools New Smyrna Beach High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
Schools and Properties Nearby
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