121 E Palm Way Edgewater, FL 32132
Estimated payment $3,348/month
Highlights
- Guest House
- Open Floorplan
- Main Floor Primary Bedroom
- Garage Apartment
- Deck
- Private Yard
About This Home
Unique property offering flexibility for an extended family or a strong investment opportunity—located just a few homes from the Intracoastal Waterway.
The charming 1946 main house features 2 bedrooms and 2 bathrooms, highlighted by an inviting wood-burning fireplace. A separate, unattached 1-bedroom, 1-bath cottage with a kitchenette provides the perfect space for guests, in-laws, or rental income.
An oversized detached garage includes openers, a full bath, and an efficiency suite above—complete with its own kitchenette and full bath—adding even more income or living potential.
Imagine a property where everyone can enjoy their own private space, or where rental units help offset your living expenses. (Currently, the main house and cottage are tenant occupied.)
There’s plenty of room for all your toys, whether it’s boats, kayaks, or recreational vehicles. Start your mornings with coffee and a short walk to nearby parks to catch a beautiful sunrise or spend the day on the water with easy access to boat and kayak launches, abundant wildlife, and excellent fishing in the estuary, Intracoastal, or Atlantic Ocean.
Just minutes from the sandy shores of New Smyrna Beach, you’ll enjoy drive-on beach access, incredible bird and dolphin watching, and some of the best surfing on the East Coast.
The area offers endless activities, from festivals, art shows, and wine walks to parades and classic car shows—plus a wide variety of unique restaurants and shops.
Conveniently located with easy access to Interstate 95, you’re a short drive from Daytona Beach (racing, biking, off-road adventures), St. Augustine, Orlando attractions (about an hour+), and even rocket launches from Cape Canaveral.
Live the ultimate Florida lifestyle with both river and beach access, flexible living options, and excellent rental potential.
What’s not to love? Contact me today for more details or to schedule a showing.
Listing Agent
WEICHERT, REALTORS HALLMARK PR Brokerage Phone: 407-841-8011 License #3040934 Listed on: 04/17/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,209
Year Built
- Built in 1946
Lot Details
- 10,425 Sq Ft Lot
- Lot Dimensions are 75x139
- South Facing Home
- Mature Landscaping
- Private Yard
- Property is zoned 07R2
Parking
- 2 Car Garage
- Garage Apartment
- Garage Door Opener
- Driveway
Home Design
- Bungalow
- Frame Construction
- Shingle Roof
- Concrete Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,964 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Combination Dining and Living Room
- Storage Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 5 Full Bathrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
- Outdoor Storage
Additional Homes
- Guest House
- 400 SF Accessory Dwelling Unit
Schools
- Edgewater Public Elementary School
- New Smyrna Beach Middl Middle School
- New Smyrna Beach High School
Utilities
- Central Air
- Cooling System Mounted To A Wall/Window
- Heating Available
- Electric Water Heater
Community Details
- No Home Owners Association
- Fernald & Chadwick Hawks Park Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 55
- Assessor Parcel Number 00-74-52-14-00-0550
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $8,209 | $575,934 | $109,200 | $466,734 |
| 2025 | $8,209 | $568,262 | $109,200 | $459,062 |
| 2024 | $6,727 | $558,829 | $109,200 | $449,629 |
| 2023 | $6,727 | $412,458 | $63,180 | $349,278 |
| 2022 | $6,066 | $348,729 | $39,780 | $308,949 |
| 2021 | $5,491 | $267,217 | $20,280 | $246,937 |
| 2020 | $5,520 | $268,114 | $20,280 | $247,834 |
| 2019 | $5,603 | $263,398 | $20,280 | $243,118 |
| 2018 | $4,987 | $271,591 | $23,400 | $248,191 |
| 2017 | $4,763 | $256,850 | $23,408 | $233,442 |
| 2016 | $4,511 | $222,013 | $0 | $0 |
| 2015 | $4,227 | $203,718 | $0 | $0 |
| 2014 | $4,027 | $203,366 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Sale | $499,000 | +117.0% | $254 / Sq Ft | |
| 05/14/2018 05/14/18 | Sold | $230,000 | -17.8% | $114 / Sq Ft | View Prior Sale |
| 03/06/2018 03/06/18 | Pending | -- | -- | -- | |
| 03/29/2017 03/29/17 | For Sale | $279,900 | -- | $139 / Sq Ft |
Source: Stellar MLS
MLS Number: NS1087973
APN: 7452-14-00-0550
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Ask me questions while you tour the home.