Price Reduction
Address
103 S Flagler Avenue, EDGEWATER, FL
Price
$ 289,000
Property Attributes
  • MLS#O6419023
  • TypeSingle Family
  • Listing Status Active
  • CountyVolusia
  • CityEDGEWATER
  • AreaEdgewater
  • NeighborhoodASSESSORS ALVAREZ GRANT
  • Zip32132
  • StyleCoastal Key West
  • Year Built1949
  • Taxes$ 4643
  • Price$ 289,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1560
  • Lot Size0.42 Acres
Data Source:
Stellar MLS
Property Description

INSTANT EQIUTY!! 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.

Elementary School Middle School High School
Edgewater Public School Elementary School New Smyrna Beach Middl Middle School New Smyrna Beach High High School
Price History
7/2/2026 Listed $297,000
8/31/2026 3$289,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected,Sewer Connected,Water Connected
Roof Metal
Appliances Microwave,Refrigerator
Zoning R3
Garage Spaces 1
Patio/Porch Features Covered,Front Porch,Patio,Porch
Architectural Style Coastal,Key West
Construction Materials Block,Brick,Stucco
Pets Allowed Yes
Year Built 1949
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Volusia
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name ASSESSORS ALVAREZ GRANT
Facing Direction West
Garage Y/N true
Total Rooms 3
Full Baths 2
Status Active
Directions From I-95, take Exit 244 for FL-442 east. Continue 3.5 miles, turn right on US-1, then left on W Park Ave. At the end, turn right onto S Flagler Ave. 103 S Flagler Ave is the corner property on your left.
High School New Smyrna Beach High
City EDGEWATER
Senior Community Y/N false
MLS Area 32132 - Edgewater
Lot Size Units Square Feet
Lot Size Square Feet 18203
Carport Spaces 1
Carport Y/N true
Listing Terms Cash,Conventional,VA Loan
Elementary School Edgewater Public School
Land Lease Y/N false
Tax Annual Amount 4643
Middle/Junior High School New Smyrna Beach Middl
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 3
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
Water Access Type Intracoastal Waterway
Minimum Lease No Minimum
Water Access Y/N true
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Stone Counters,Thermostat
Flooring Other
Furnished Y/N Unfurnished
Fireplace Features Wood Burning
Common Walls Corner Unit
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Laundry Room
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Exterior Amenities Other
Fencing Wood
Parking Features Boat,Circular Driveway,Driveway,Oversized,RV Parking
Lot Features Corner Lot
Water Source Public
Lot Size Area 18203
Foundation Details Other,Slab
Building Area Total 2680
Lot Size Acres 0.42
Road Surface Type Paved,Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 2
Road Frontage Type Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32132

Price
AVG $400K
$290K
Taxes
AVG $3,973
$4,643
Year Built
AVG 1977
1949

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