NOT LISTED FOR SALE

1703 Edgewater Dr Edgewater, FL 32132

5 Beds
3 Baths
2,288 Sq Ft
0.27 Acres

Last Sold June 03, 2021

Last sale price $285,000 $125 Per Sq Ft

51 Days on Market

Highlights

  • RV Access or Parking
  • Central Heating and Cooling System
  • Fenced

About This Home

As of June 2021

Looking to invest in the rental market? This 3-unit building that sits in a single-family neighborhood could be the one you're looking for.
Many updates to the units have been done inside, and a solid rental income is in place for a good return on your investment.

Last Agent to Sell the Property

Mark Dinorsce

Adams, Cameron & Co., Realtors License #3228676 Listed on: 02/01/2021

Last Buyer's Agent

Karen Nelson

Nonmember office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,271

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Fenced

Home Design

  • 2,288 Sq Ft Home
  • Triplex
  • Metal Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Parking

  • 6 Parking Spaces
  • Off-Street Parking
  • RV Access or Parking

Additional Features

  • 5 Bedrooms
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • The owner pays for exterior maintenance, grounds care, taxes, trash collection
  • Assessor Parcel Number 840228020071

Community Details

Overview

  • 3 Units
  • Not On The List Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $2,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,271

Year Built

Built in 1964

Lot Details

0.27 Acres

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Lot Size: 11880
  • Subdivision Name: Not On The List
  • Directions: US 1 to Edgewater Drive one block north of Indian River Blvd
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1964
  • Reso Property Type: ResidentialIncome
  • Roof:Metal: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.27
  • General Property Information Lot Size Dimensions: 11880
  • Location Tax and Legal:Parcel Number: 840228020071
  • Location Tax and Legal:Tax Annual Amount: 2271.24
  • Location Tax and Legal:Tax Year: 2020
  • Cooling:Central Air: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Zoning Description: Other
  • Fencing Fenced: Yes
  • Owner Pays Trash Collection: Yes
  • Owner Pays:Exterior Maintenance: Yes
  • Owner Pays:Grounds Care: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 27000.0
  • Special Features: None

Interior Features

  • Owner Pays: Exterior Maintenance, Grounds Care, Taxes, Trash Collection
  • Total Bedrooms: 5
  • Living Area: 2288.0

Exterior Features

  • Fencing: Fenced
  • Construction Type: Block, Concrete, Stucco
  • Other Structures: Other
  • Roof: Metal
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, RV Access/Parking
  • Total Parking Spaces: 6.0
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 11761.2
  • Parcel #: 840228020071
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 2250.0

Tax Info

  • Tax Annual Amount: 2271.24
  • Tax Year: 2020
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2021 06/03/21 Sold $285,000 0.0% $125 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $285,000 +113.6% $125 / Sq Ft
07/28/2017 07/28/17 Sold $133,400 0.0% $58 / Sq Ft View Prior Sale
05/23/2017 05/23/17 Pending -- -- --
05/20/2017 05/20/17 For Sale $133,400 -- $58 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

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 $4,897 $263,135 $35,640 $227,495
2025 $4,897 $263,135 $35,640 $227,495
2024 $4,914 $261,306 $32,670 $228,636
2023 $4,914 $252,699 $32,670 $220,029
2022 $4,625 $234,228 $31,185 $203,043
2021 $2,341 $113,934 $23,760 $90,174
2020 $2,366 $114,904 $23,760 $91,144
2019 $2,406 $113,112 $23,760 $89,352
2018 $2,430 $111,969 $21,681 $90,288
2017 $1,571 $71,469 $21,681 $49,788
2016 $1,501 $62,916 $0 $0
2015 $1,452 $59,342 $0 $0
2014 $1,403 $56,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1080109

Daytona Beach Area Association of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.