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Edgewater, FL Multifamily Homes & Duplexes for Sale

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  • /26

    $298,000

    $1K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,232 Sq Ft

    226 Wildwood Ave, Edgewater, FL 32132

    Discover this rare grandfathered investment opportunity on a corner parcel at 226 Wildwood Ave, Edgewater, FL 32132, Long term or Short term rentals allowed- No minimum or license for STR in Edgewater, featuring a new 2024 roof, two ground-floor 1-bedroom, 1-bathroom kitchen, duplex units ideal for steady rental income, and a versatile upstairs bonus unit kitchenette, full bath, bedroom, living

    Lori Schmerler BEACHSIDE REALTY OF VOLUSIA

    226 Wildwood Ave, Edgewater, FL 32132
  • /8

    $319,900

    • 2 Beds
    • 2 Baths
    • 2,040 Sq Ft

    2308 Fern Palm Dr, Edgewater, FL 32141

    Investor Alert! Excellent opportunity to own a full 2-unit duplex in Florida Shores! One unit is vacant and ready to rent or occupy, while the other is leased through December 2026 at $900/month, providing immediate income, with excellent potential to increase cash flow upon lease renewal or future value-add improvements. Built in 2002, new roof in 2021, 2,040 total sqft., and priced to sell! No

    Jennifer Napier Local Living Realty Group

    2308 Fern Palm Dr, Edgewater, FL 32141

Why Live in Edgewater

Edgewater, FL, is a central Florida city along the Indian River, known for its boating, fishing, and water sports. The city is primarily residential, offering a quieter lifestyle compared to nearby New Smyrna Beach and Daytona Beach. Edgewater's economy is driven by retail trade, construction, and boat manufacturing, with major employers like Boston Whalers and EdgeWater Power Boats. Housing in Edgewater ranges from riverfront homes built before 1950 to newer subdivisions from the early 2020s, with the majority of homes located in the Florida Shores subdivision. The city is served by New Smyrna Beach High School, which has a high rating. Edgewater is a designated Blueway Community, featuring paddling trails accessible from Menard-May Park and popular boating spots like George R. Kennedy Memorial Park. Most dining and shopping options are concentrated along U.S. Route 1, with local favorites like Dustin's Bar-B-Q and JC's Riptides. Public transit is available through Votran bus Route 41, connecting residents to New Smyrna Beach, 3 miles north, and Daytona Beach, 17 miles north. The city faces moderate coastal flooding risks and high riverine flooding risks, with an extreme wind factor due to hurricanes and severe storms.

Home Price Trends

Median Sale Price
$290,000
Median Single Family Sale Price
$310,000
Median Townhouse Sale Price
$251,000
Median 2 Bedroom Sale Price
$223,750
Median 1 Bedroom Sale Price
$125,000
Average Price Per Sq Ft
$213
Number of Homes for Sale
162
Last 12 months Home Sales
746
Months of Supply
2.60
Median List Price
$314,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%
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