Property Description
Exceptional investment opportunity in the heart of Edgewater! This unique property features two homes on one parcel, offering flexibility for investors, multigenerational living or additional rental income. The property is tenant occupied, with the tenant recently renewing for another year, providing potential immediate rental income opportunity for the new owner. Conveniently between U.S. 1 and the Indian River, with easy access to shopping, dining, parks, boat ramps, and the beautiful beaches of New Smyrna Beach. Owner financing available. Buyer to verify lease terms and rental information.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.34 Acres
Roof Type: Shingle
Taxes: $5,394
Year Built: 1979
Square Feet: 2,304
Amenities
Thermostat
Private Yard
Feature Descriptions
Annual Net Income: 38400.00
Appliances: Dishwasher, Range, Refrigerator
Directions: From I-95, take Exit 244 (SR 442/Indian River Blvd) and head east toward Edgewater. Turn left onto US Hwy 1 (Ridgewood Ave), then turn right onto 16th Street. Continue east. The property is located on the left between US Hwy 1 and the Indian River.
Exterior: Frame
Flood Zone Code: x
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Owner Financing
Lot Dimensions: 0.34
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent 2
Special Sale Provisions: None
Utilities: Electricity Available, Electricity Connected, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: -
Local Schools
High School: New Smyrna Beach High
Middle School: New Smyrna Beach Middl
Elementary School: Edgewater Public School
Listed By / Shown By
Listed By
Agency Name: PREMIER SOTHEBY'S INTL. RLTY
Agency Contact: 386-957-5652
Shown By
Agent Name: Marc Loscalzo
Agent Phone: (904) 473-9035
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 2,635.27 per month $2,066.21 Principal & Interest $449.50 Property Tax $119.55 Homeowner's InsuranceChange Payment Information
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1205 16th Street | MLS# NS1089555
This multi-family property located at 1205 16th Street, Edgewater, FL 32132 is currently listed for sale with an asking price of $409,900. Search Edgewater real estate on www.soldbyloscalzo.com today.