House for Sale
$325,000
5 bd · 2 ba · 1,904 sqft
EDGEWATER, FL 32132 · MLS# O6419023 · Active · ASSESSORS ALVAREZ GRANT
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.
School assignments are provided by the listing and should be independently verified.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
103 S FLAGLER AVENUE, EDGEWATER, FL 32132 · See all Edgewater homes for sale
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103 S FLAGLER AVENUE is a single family home for sale in EDGEWATER, FL 32132. This property was listed for sale on July 1, 2026 by REGENCY REAL ESTATE LLC, it's currently listed at $297,000. This listing's school district is Volusia Public Schools. Nearby schools include Edgewater Public School, New Smyrna Beach Middl and New Smyrna Beach High. 103 S FLAGLER AVENUE is a 3-bed, 2-bath, 1,560 sqft single family home built in 1949.