Residential Property - Single Family Residence in Edgewater
Listing Price: $198,000 (Sale Pending)
Description of Property
*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.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Edgewater
County: Volusia
Subdivision: Assessors Alvarez Grant
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 2,606
Sq. Ft. Living Area: 1,568
Cost per (heated) sqare foot: $126
Year built: 1959
Annual Tax: $983
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances:
- Convection Oven
- Dishwasher
- Electric Water Heater
- Refrigerator
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Tile, Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Block, Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Private Mailbox
Garage: Yes
Garage Spaces: 2
Parking Features:
Floors Total:
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features: Enclosed, Screened
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: None
Community Features:
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 0.28
Lot Size (sq. ft.): 12,375 square feet
Front Exposure: East
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 52173401000041
Zoning: 07R3
Tax Legal Desc.: 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
Section: 52
Range: 34
Listing courtesy of RICHARD PETERS REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
