$198,000 list price
location_onEDGEWATER, FL 32132 · Volusia County
*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.
Appliances
Flooring
Cooling
Heating
Construction
Roof
Alexander Izikson
RICHARD PETERS REALTY LLC
$39,600 down
Loan amount $158,400
Estimated monthly principal & interest
$1,001
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
RICHARD PETERS REALTY LLC
352-448-9712
