103 S Flagler Avenue, Edgewater, FL 32132
- $297,000
- 3
- BD
- 2
- BA
- 1,560
- SqFt
- List Price
- $297,000
- Status
- Active
- Days on Market
- 21
- MLS#
- O6419023
- Property Style
- Single Family
- Architectural Style
- Coastal, Key West
- Year Built
- 1949
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,560
- Price per sq. ft.
- 190.38
- Lot Size
- 18,203
- Acres
- 0.42
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Assessors Alvarez Grant
- MLS Area Major
- Edgewater
Property Description
INSTANT EQIUTY & BACK ON MARKET AFTER NEW UPDATES!! Priced below market value; Prime 0.42 Acre Corner Lot on Park Ave – R3 Zoning, 3 Blocks from the Edgewater Boat Ramp** 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, renovated bathrooms and BRAND NEW LUXURY VINYL PLANK FLOORING AND BASEBOARDS THROUGHOUT! 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.
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Additional Information
- Taxes
- $4643
- Minimum Lease Period
- No Minimum
- Location
- Corner Lot, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R3
- Interior Features
- Stone Counters, Thermostat
- Floor
- Other
- Appliances
- Microwave, Refrigerator
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Fireplace Description
- Wood Burning
- Exterior Construction
- Block, Brick, Stucco
- Exterior Features
- Other
- Roof
- Metal
- Foundation
- Other, Slab
- Pool
- No Pool
- Garage Carport
- 1 Car Carport, 1 Car Garage
- Garage Spaces
- 1
- Garage Features
- Boat, Circular Driveway, Driveway, Oversized, RV Access/Parking
- Elementary School
- Edgewater Public School
- Middle School
- New Smyrna Beach Middl
- High School
- New Smyrna Beach High
- Fences
- Wood
- Water Extras
- Boat Port, Boathouse
- Water Access
- Intracoastal Waterway
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 7452-01-00-0405
- Legal Description
- W 167 FT OF LOTS 1 & 2 & OF N 27 FT OF LOT 3 SUB LOT 39G ALVAREZ EXC PT IN RD WDNG BEING N 18.199 FT ON W/L OF LOT 1 PER D/C 6219 PG 4141 PER OR 6242 PGS 0176-0177 PER OR 6448 PG 1247 PER OR 8316 PG 0777
Listing courtesy of REGENCY REAL ESTATE LLC. 407-469-5021
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