$430,000
SOLD MAR 31, 2025

118 E Palm Way Edgewater, FL 32132

3 Beds
2 Baths
960 Sq Ft
0.29 Acres

Recently Sold

$448 Per Sq Ft

10% Below List Price

14 Days on Market

About This Home

As of March 2025

Welcome to 118 E Palm Way, a beautifully updated 3-bedroom, 2-bathroom home in the heart of Edgewater, FL. Located just minutes from the beaches and Mosquito Lagoon, this home offers the best of coastal living with easy access to boat ramps, fishing spots, and scenic Riverside Drive. Perfect for outdoor enthusiasts, you'll enjoy kayaking, boating, and birdwatching in one of Florida's most beautiful estuaries.

Step inside this move-in ready home, where modern upgrades blend seamlessly with timeless charm. Featuring new plumbing, new AC system, wind rated windows, new electrical, and a 2024 metal roof, this property is designed for comfort and durability. The brand-new flooring enhances the bright, open layout, and the gas stove in the kitchen is perfect for cooking even when the power is out!

The spacious two combined lots provide ample space for boat storage, a pool and pool house or outdoor entertaining, making this property ideal for creating your dream coastal retreat. Along with your detached garage or workshop, perfect for that side project you like to work on! Don't miss this opportunity to own a fully updated home in a prime location!

This home has never flooded and offers so much opportunity for AIRBNB, investment or lifestyle!
Schedule your showing today and start living the dream in Edgewater!

Last Agent to Sell the Property

Jamie Porter

Local Living Realty Group License #3437193 Listed on: 02/14/2025

Last Buyer's Agent

Karen Nelson

Nonmember office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,356

Year Built

  • Built in 1953

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 15x140

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7433-10-00-0780

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,356

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: 15x140
  • Subdivision Name: Other
  • Directions: Edgewater US1 North to E Palm Way, Turn Right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1953
  • Reso Property Type: Residential
  • Appliances Refrigerators: Yes
  • General Property Information Lot Size Acres: 0.2892
  • General Property Information Lot Size Dimensions: 15x140
  • General Property Information CDD Fee YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information:Stories: 2
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 7433-10-00-0780
  • Location Tax and Legal:Tax Annual Amount: 3356.0
  • Location Tax and Legal:Tax Year: 2024
  • Cooling:Central Air: Yes
  • Water Source:Public: Yes
  • Utilities Sewer Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 960.0
  • Appliances:Electric Range: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 12597.55
  • Parcel #: 7433-10-00-0780
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3356.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
Mar 31, 2025
Sold by
Robert Simmons And Sons Renovotions Llc and Robert Simmons And Sons Renovations Llc
Bought by
Jimenez David
Seller's Agent
Jamie Porter
Local Living Realty Group
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$479,900
Sold Price
$430,000
Premium/Discount to List
-$49,900
-10.4%
Views
11
Current Estimated Value
$395,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,270
Avg. Annual Appreciation
-5.42%
Original Mortgage
$391,837
Outstanding Balance
$389,824
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
$23,278

Purchase Details

Closed on
May 30, 2023
Sold by
Simmons John M
Bought by
Robert Simmons And Sons Renovations Llc

Purchase Details

Closed on
Jul 21, 2022
Sold by
Bennett Debra S
Bought by
Simmons John M

Purchase Details

Closed on
May 9, 2022
Sold by
Allan Valerie L
Bought by
Simmons John M

Purchase Details

Closed on
May 3, 1994
Sold by
Wager Sharon E
Bought by
Wager Leonard L

Purchase Details

Closed on
Feb 15, 1991
Bought by
Wager Leonard L

Purchase Details

Closed on
Dec 15, 1990
Bought by
Wager Leonard L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $430,000 Professional Title
Warranty Deed $430,000 Professional Title
Quit Claim Deed $85,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed -- --
Deed $100 --
Deed $44,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $391,837 VA
Closed $391,837 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $430,000 -4.4% $448 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/20/2025 02/20/25 Price Changed $449,900 -6.3% $469 / Sq Ft
02/14/2025 02/14/25 For Sale $479,900 -- $500 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,129 $298,563 $84,084 $214,479
2024 $3,375 $178,282 $75,504 $102,778
2023 $3,375 $176,376 $69,498 $106,878
2022 $2,793 $143,577 $43,758 $99,819
2021 $545 $55,327 $0 $0
2020 $542 $54,563 $0 $0
2019 $552 $53,336 $0 $0
2018 $557 $52,342 $0 $0
2017 $570 $51,265 $0 $0
2016 $598 $50,211 $0 $0
2015 $608 $49,862 $0 $0
2014 $606 $49,466 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jamie Porter

    Local Living Realty Group

    (386) 689-1085

    15 in this area

    78 Total Sales

    Jamie Porter
    Section Image

  • K

    Buyer's Agent in 2025

    Karen Nelson

    Nonmember office

    (386) 677-7131

    191 in this area

    9,041 Total Sales

    Karen Nelson
    Section Image
See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1209454

Daytona Beach Area Association of REALTORS®

APN: 7433-10-00-0780

Florida Volusia County Edgewater 32132

118 E Palm Way, Edgewater, FL

Sold

Detached

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