2
beds
2
baths
1,568
sqft
Built in
1959
*Highest and Best by April 18 at 5:00pm* Incredibly rare investor special in one of the most coveted corners of Edgewater. The owner’s relocation offers you the rare opportunity to pick up the lowest price per sqft flip in the area, just one block west of scenic Riverside Drive and walking distance from the water. So what makes this one so special? 1) Solid concrete block home with great bones and limitless potential. 2) Large attached 2-car garage with workshop space, great for storage, convenient parking, and huge potential conversion value. 3) Nestled on a large, private and tranquil .28 acre lot, offering the perfect space for relaxing, entertaining, and creating your dream outdoor space. 4) Screened in-porch, perfect for al fresco dining, lounging, or enjoying peaceful Florida evenings. 5) Unbeatable prime location tucked between US-1 and the river. Minutes from schools, restaurants, and entertainment. 6) Lowest price per sqft in the area. Light and straightforward renovation scope: the roof needs a new ridge cap. Other updates may include new paint and new ceiling drywall. Investor Notes: Estimated ARV at $340k. LTR Estimate: $1,900/mo, very little nearby competition. Opportunities like this in such a desirable location don’t come often. Whether you’re looking to renovate and resell, hold as a cash-flowing rental, or create a personalized residence, this one is a must see. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” please just reach out to the listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
-
Listing Status:
-
Pending
-
Date Added:
- April 1, 2025
—
27 days ago
-
Listing Office:
-
RICHARD PETERS REALTY LLC, Alexander Izikson (781-996-9676)
-
Office Phone:
-
352-448-9712
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MLS ID:
-
TB8369197
Features & Amenities
Interior
- General:
- Primary Bedroom Main Floor
- Appliances:
- Convection Oven, Dishwasher, Electric Water Heater, Refrigerator
- Laundry:
- Electric Dryer Hookup, Washer Hookup
- Flooring:
- Tile, Vinyl
- A/C:
- true, Central Air
- Heating:
- true, Electric
Exterior
- General:
- Private Mailbox
Construction
- Roofing:
- Shingle
- General:
- Block, Stucco, One, Slab
Location
- Road/Access:
- Asphalt
- Originating MLS:
- Stellar MLS
- County:
- Volusia
Lot
- Zoning:
- 07R3, N 75 FT OF W 165 FT OF 4C ALVAREZ GRANT MB 3 PG 137 PER OR 4609 PG 3998 PER OR 6452 PG 4530 PER OR 6452 PG 4564 PER OR 8588 PG 0921, 52173401000041
Utilities
- Utilities:
- Electricity Connected, Sewer Connected
- Water:
- None
- Sewer:
- Public Sewer
Financial
- Source:
- Stellar MLS
This listing courtesy of:
RICHARD PETERS REALTY LLC, Alexander Izikson
Monthly Payment
For Regular Military with Good Credit and a 30 Year Loan with 0% Down
- Principal & Interest $1,285
- Taxes $198
- Insurance $58
- VA Funding Fee $13
*Your actual payment may vary based on your unique situation.
$1,553 Est. Payment
-
$--- BAH
=
$--- Remaining
Nearby Schools
-
Edgewater Public Elementary School
801 S Old County Rd, Edgewater, FL 32132 - 0.85 miles away
Grades PK-5
-
New Smyrna Beach Middle School
1200 S Myrtle Ave, New Smyrna Beach, FL 32168 - 1.07 miles away
Grades 6-8
-
New Smyrna Beach High School
1015 10th St, New Smyrna Beach, FL 32168 - 1.41 miles away
Grades 9-12
Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.
About Edgewater, FL
Housing
- Number of Units
- 13,270
- Median Home Value
- $175,908
- Median Rent
- $854
15.33%
of
housing units are renter occupied.
10.67% are vacant.
Commute
- Car
-
66.60%
- Public Transportation
-
0.11%
- Walk to Work
-
0.43%
- Work from Home
-
29.00%
- Other
-
2.42%
The median travel time to work is
21 minutes.
People
- Population
- 27,054
- Median Age
- 51.70
- Median Household Size
- 2.35
Education
- High School
-
36.81%
- Associate’s Degree
-
11.48%
- Bachelor’s Degree
-
10.04%
- Graduate Degree
-
6.64%
Disclaimer: Community and Demographic information uses data from the U.S.
Census Bureau
but is not endorsed or certified by the Census Bureau.
