$480,000

16 Marilyn Dr Unit 18 & 20 16A 16B Edgewater, FL 32132

Estimated payment $3,045/month

Total Views 70
7 Beds
7 Baths
2,772 Sq Ft
$173 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • Heating Available

About This Home

Rare investment opportunity in the heart of Edgewater! This spacious triplex features 7 bedrooms and 7 baths across three income-producing units. Conveniently located near US-1, just minutes to the Indian River, local dining, shopping in historic Downtown New Smyrna Beach, and a short drive to the area’s famous non-drive beaches. Easy access to I-95 for commuting to Daytona Beach or Orlando. Stable rental history with strong potential for both cash flow and long-term appreciation. Shown by appointment only.

Listing Agent

Patricia Collado

COLLADO REAL ESTATE Brokerage Phone: 386-427-0002 License #636547 Listed on: 08/15/2025

COLLADO REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,159

Year Built

  • Built in 1979

Lot Details

  • 2,755 Sq Ft Lot
  • Lot Dimensions are 12x95x119x97

Home Design

  • 2,772 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,354 Sq Ft Building
  • Sloburn Subdivision

Building Details

  • 2 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,159

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 2772
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 3354
  • Lot Size Sq Ft: 2755
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: From US-1: Head west on W Ocean Ave, turn right onto Marilyn Dr. From I-95: Take Exit 244 (SR-442/Indian River Blvd) east, turn right on US-1, left on W Ocean Ave, then right onto Marilyn Dr.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 172580748
  • RATIO Current Price By Calculate: 173.16
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 386-427-0002
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Street Number Modifier: 16
  • Living Area Meters: 257.53

Exterior Features

  • Pool Features: Other
  • Exterior Features: Other
  • Roof: Other, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2017-09-29

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Off Street, On Street

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Not In Subdivision

Fee Information

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

Lot Info

  • Zoning: 07R4
  • Parcel Number: 7433-15-00-0180
  • Additional Parcels: No
  • Lot Features: City Limits
  • Lot Dimensions: 12x95x119x97
  • Flood Zone Code: X
  • Lot Size Square Meters: 256

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 1300

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 4
  • Total Monthly Expenses: 2

Tax Info

  • Tax Annual Amount: 5159
  • Tax Block: 00
  • Tax Book Number: 36-28
  • Tax Lot: 18

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

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $480,000 -- $173 / Sq Ft
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: NS1085730

Stellar MLS