EllenChikarova
BEDS3
BATHS2 full
SQUARE FEET1,560
MLS#O6419023
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONASSESSORS ALVAREZ GRANT
Property Description
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 and renovated bathrooms. With acceptable terms, THE SELLER WILL INSTALL NEW FLOORING prior to closing - giving the BUYER the opportunity TO SELECT THE FINISH COLOR that best fits their style.Positioned just three blocks from the Edgewater boat ramp, City Hall, and the area planned for the future Downtown Edgewater 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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Garage: 1
Heating: Central
Home Style: Coastal, Key West
Lot Size: 0.42 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $4,643
Year Built: 1949
Amenities
Stone Counters
Thermostat
Other
Feature Descriptions
Appliances: Microwave, Refrigerator
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.
Exterior: Block, Brick, Stucco
Fencing: Wood
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Other
Foundation: Other, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, VA Loan
Lot: Corner Lot, Paved
Lot Dimensions: 0.42
Ownership: Fee Simple
Parking: Boat, Circular Driveway, Driveway, Oversized, RV Access/Parking
Parking Notes: Boat, Circular Driveway, Driveway, Oversized, RV Acces
Patio/Porch: Covered, Front Porch, Patio, Porch
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Coming Soon - Allowing Showings, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access: Intracoastal Waterway
Water Access Y/N: Yes
Waterfront Features: Boat Port, Boathouse
Zoning: R3
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: REGENCY REAL ESTATE LLC
Agency Contact: 407-469-5021
Shown By
Agent Name: Ellen Chikarova
Agent Phone: Cell: (203) 981-0043
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 1,134.53 per month $660.99 Principal & Interest $386.92 Property Tax $86.63 Homeowner's InsuranceChange Payment Information
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103 S Flagler Avenue | MLS# O6419023
This single family home located at 103 S Flagler Avenue, Edgewater, FL 32132 is currently listed for sale with an asking price of $297,000. This property was built in 1949 and has 3 bedrooms and 2 full baths with 1560 sq. ft. S Flagler Avenue is located in the ASSESSORS ALVAREZ GRANT subdivision. Search ASSESSORS ALVAREZ GRANT real estate on echikarova.realty100.com today.