$450,000
UNDER CONTRACT $49K PRICE DROP

121 E Palm Way Edgewater, FL 32132

Estimated payment $3,110/month

Total Views 7,561
4 Beds
5 Baths
1,964 Sq Ft
$229 Price per Sq Ft

Highlights

  • Guest House
  • Deck
  • 2 Car Detached Garage
  • Open Floorplan
  • No HOA
  • Cooling System Mounted To A Wall/Window

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

Rustie Howell-Reilly

Weichert Realtors, Hallmark Properties License #0551514 Listed on: 04/17/2026

Weichert Realtors, Hallmark Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,209

Year Built

  • Built in 1946

Lot Details

  • 10,019 Sq Ft Lot
  • Privacy Fence

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Additional Homes

  • Guest House

Schools

  • Edgewater Elementary School
  • New Smyrna Beach Middle School
  • New Smyrna Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Not On The List Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7452-14-00-0550

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,209

Year Built

Built in 1946

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 75.0 ft x 139.0 ft
  • Road Surface Type: Asphalt
  • Subdivision Name: Not on the List
  • Directions: Edgewater US1 South 2 blocks south of Park Ave. Left onto Palm Way. Home is on the left.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1946
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Dimensions: 75.0 ft x 139.0 ft
  • General Property Information CDD Fee YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Homestead YN: No
  • General Property Information:Stories: 1
  • General Property Information:Furnished: Unfurnished
  • Contract Information Property Attached YN: No
  • Location Tax and Legal:Parcel Number: 7452-14-00-0550
  • Location Tax and Legal:Tax Annual Amount: 8209.3
  • Location Tax and Legal:Tax Year: 2025
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Water Source:Public: Yes
  • Flooring:Vinyl: Yes
  • Pets Allowed:Yes: Yes
  • Utilities Sewer Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Room Types Living Room: Yes
  • Room Types Living Room Level: Main
  • Cooling WallWindow Unit(s): Yes
  • Fencing Privacy: Yes
  • Location Tax and Legal Elementary School: Edgewater
  • Location Tax and Legal Middle School: New Smyrna Beach
  • Location Tax and Legal High School: New Smyrna Beach
  • Foundation Details Concrete Perimeter: Yes
  • Other Structures:Guest House: Yes
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Washer, Refrigerator, Microwave, Electric Water Heater, Electric Range, Dryer, Dishwasher
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Downstairs
  • Living Area: 1964.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Fencing: Privacy
  • Waterfront: No
  • Construction Type: Concrete, Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Concrete: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Detached: Yes
  • Laundry Features:In Garage: Yes

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Pets Allowed: Yes

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Edgewater
  • High School: New Smyrna Beach
  • Middle Or Junior School: New Smyrna Beach

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 7452-14-00-0550

Tax Info

  • Tax Annual Amount: 8209.3
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2026 05/26/26 Price Changed $450,000 -9.8% $229 / Sq Ft
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: Daytona Beach Area Association of REALTORS®

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1225371

Daytona Beach Area Association of REALTORS®

APN: 7452-14-00-0550

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