$205,000
PENDING $40K PRICE DROP

131 W Palm Way Edgewater, FL 32132

Estimated payment $1,183/month

Total Views 11,162
3 Beds
1 Bath
1,014 Sq Ft
$202 Price per Sq Ft

Highlights

  • 0.49 Acre Lot
  • No HOA
  • Built-In Features
  • Open Floorplan
  • Family Room Off Kitchen
  • Living Room

About This Home

Under contract-accepting backup offers. EXCELLENT LOCATION! This coastal retreat is just minutes from the Intracoastal Waterway, Flagler Avenue, Historic Canal Street District, Atlantic beaches, and Edgewater Public Elementary School offering the perfect blend of convenience and Florida living featuring Swimming, Fishing, Kayaking, Paddleboarding, entertaining and more.

Inside, the open-concept layout connects the living area to the kitchen which includes a natural gas range. Everyday life is made easier with updated efficiencies such as a gas dryer and tankless water heater. The spacious family room, with its 8-foot ceilings and tile floors, provides a versatile space for family time, movie nights, or a quiet reading nook.

The generous laundry room adds practical storage and workspace. Step through the rear door into a sprawling backyard that invites outdoor enjoyment: entertaing guests, barbecues, gardening, relaxing in the sun—add a pool for your future oasis. Plenty of room for your RV, boats trailers, golf cart—you name it—can all fit comfortably in the expansive driveway, carport. NO HOA restrictions!! A new roof installed in 2020 means this home is truly move-in ready.

This property is also ideally situated for rental potential. It's just down the street from Edgewater Public School (edgewaterpublic.vcsedu.org), making it convenient for families, and minutes away from ParkTowne Industrial Center, one of Volusia County's largest industrial zones (cityofedgewater.org). This combination of residential and commercial proximity makes it an attractive option for rentals.

This is more than a home—it’s a flexible coastal canvas to live your best life. Designed for ease today and limitless possibilities tomorrow, this New Smyrna Beach gem is ready when you are. Schedule your tour today and feel how effortlessly this space flows into your future.

Listing Agent

Josephine Qualiana

COLLADO REAL ESTATE Brokerage Phone: 386-427-0002 License #3567409 Listed on: 11/28/2024

COLLADO REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1956

Lot Details

  • 0.49 Acre Lot
  • South Facing Home
  • Property is zoned 07R3

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,014 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dishwasher

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Cole Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,197

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1014
  • Lot Size Acres: 0.49
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 1320
  • Lot Size Sq Ft: 7800
  • Directions to Property: From 1-95 take Exit 244 Indian River Blvd toward Edgewater. Turn east onto 452 for about 3.5 miles. Turn left onto US-1 N / S Ridgewood Ave for approximately .6 miles. Turn R onto W Palm Way.
  • Status: Pending
  • Street Direction: W
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: New Smyrna Beach
  • Escrow Postal Code: 32168
  • Escrow State: FL
  • Escrow Street Name: N Causeway
  • Escrow Street Number: 304
  • List Office Head Office Key Nume: 172580748
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 202.17
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 386-427-0002
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete
  • Full Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 131
  • Living Area Meters: 94.20
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2017-09-29
  • Flood Zone Panel: 12127C0685J

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Edgewater Acres

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 07R3
  • Parcel Number: 7452-12-01-0040
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 725

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: None

Tax Info

  • Tax Annual Amount: 1197
  • Tax Block: A
  • Tax Book Number: 23-63
  • Tax Lot: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,197 $109,856 -- --
2024 $1,197 $106,761 -- --
2023 $1,197 $103,651 $0 $0
2022 $1,154 $100,632 $0 $0
2021 $1,125 $97,701 $0 $0
2020 $1,102 $96,352 $10,998 $85,354
2019 $1,826 $94,849 $15,275 $79,574
2018 $1,622 $74,768 $13,442 $61,326
2017 $849 $37,773 $8,274 $29,499
2016 $1,177 $49,325 $0 $0
2015 $1,134 $46,367 $0 $0
2014 $222 $34,474 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Pending -- -- --
06/29/2025 06/29/25 Price Changed $205,000 +2.6% $202 / Sq Ft
06/17/2025 06/17/25 For Sale $199,900 0.0% $197 / Sq Ft
06/15/2025 06/15/25 Pending -- -- --
06/07/2025 06/07/25 For Sale $199,900 0.0% $197 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
04/16/2025 04/16/25 Price Changed $199,900 -11.2% $197 / Sq Ft
02/02/2025 02/02/25 Price Changed $225,000 -8.2% $222 / Sq Ft
01/26/2025 01/26/25 For Sale $245,000 0.0% $242 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
11/28/2024 11/28/24 For Sale $245,000 +288.9% $242 / Sq Ft
03/30/2017 03/30/17 Sold $63,000 0.0% $62 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $63,000 +14.5% $62 / Sq Ft
08/26/2016 08/26/16 Sold $55,000 0.0% $54 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $55,000 -- $54 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Deed $105,500 Professional Title Agency
Warranty Deed $63,000 Professional Title Agency In
Special Warranty Deed $55,000 None Available
Deed $20,000 --
Deed $7,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $739 No Value Available
Previous Owner $49,000 New Conventional
Source: Public Records

Source: Stellar MLS

MLS Number: NS1083176

Stellar MLS

APN: 7452-12-01-0040