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103 S Flagler Avenue

EDGEWATER, FL 32132
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Bed 3

Bed

Bath 2

Bath

SqFt1,560

Sqft

Acres0.42

Acre(Lot)

Prime 0.42 Acre Corner Lot on Park Ave – R3 Zoning, 3 Blocks from the Edgewater Boat Ramp** Welcome to this charming coastal home, complete with a detached garage, dedicated BOAT STORAGE and thoughtful updates throughout. Recent improvements include new windows, new paint inside and out, an updated kitchen and renovated bathrooms. With an acceptable offer, THE SELLER WILL INSTALL NEW FLOORING prior to closing — giving the BUYER the opportunity TO SELECT THE FINISH COLOR that best fits their style. Positioned just three blocks from the Edgewater boat ramp, City Hall, and the area planned for the future Downtown Edgewater redevelopment, this 0.42-acre corner lot sits in the heart of a rapidly evolving coastal community. The City of Edgewater has publicly outlined a funded acquisition plan running from 2025–2030, with construction anticipated to begin in 2030, and several nearby properties have already been purchased as part of this long-term vision. This area is poised for transformation, creating exceptional upside for those who get in now. While Edgewater has faced challenges with stormwater infrastructure, the city has allocated a separate budget for canal and drainage improvements and has already begun work in surrounding areas. Flexible R3 zoning allows for multifamily residential development today, with the added potential to pursue rezoning to commercial, industrial, or retail—consistent with successful rezonings of neighboring parcels. With NO HOA and short-term rentals permitted, the property offers outstanding flexibility for future use and income potential. All of this is just a 5-minute drive to Downtown New Smyrna Beach and 10 minutes to the famous drivable NSB beaches, offering a rare opportunity to invest in a location with convenience, lifestyle appeal, and significant long-term growth potential.

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Detail Ic Property Details

Property Type : Residential

Price : $297,000

AD Id : 87418587

MLS Id : MFRO6419023

Beds : 3

Lot Size : 0.42 Acre

Living Area Size : 1,560

Year Built : 1949

Garage : 1

County : Volusia

Subdivision: Assessors Alvarez Grant

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Interior Features

    Stone Counters, Thermostat Roof: Metal Appliances: Microwave, Refrigerator Laundry Features: Laundry Room

    Roofing Information

    Metal
  • Flooring Information

    Flooring: Other Construction Materials: Block, Brick, Stucco
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1949
  • Exterior Features

    Other Construction Materials: Block, Brick, Stucco Foundation Details: Other, Slab

  • Lot Information

    Lot Description: Corner Lot, Paved Lot Square Feet: 18203 Lot Acres: 0.42 Lot Size (SqMt): 1691

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Coastal, Key West

  • Tax Information

    Tax Block: 0 Tax Book Number: MB3-137 Tax Lot: 3 Tax Legal Description: W 167 FT OF LOTS 1 & 2 & OF N 27 FT OF LOT 3 SUB LOT 39G ALVAREZ EXC PT IN RD WDNG BEING N 18.199 FT ON W/L OF LOT 1 PER D/C 6219 PG 4141 PER OR 6242 PGS 0176-0177 PER OR 6448 PG 1247 PER OR 8316 PG 0777 Annual Tax: $4643 Tax Year: 2025 Parcel Number: 7452-01-00-0405

  • Parking Information

    Boat, Circular Driveway, Driveway, Oversized, RV Access/Parking

    Garage Information

    Has Garage: Yes Garage Space: 1

  • School Information

    Elementary School: Edgewater Public School Junior High School: New Smyrna Beach Middl Senior High School: New Smyrna Beach High
  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: ASSESSORS ALVAREZ GRANT City: EDGEWATER Direction: From I-95, take Exit 244 for FL-442 (Indian River Blvd) east. Continue 3.5 miles, turn right on US-1, then left on W Park Ave. At the end, turn right onto S Flagler Ave. 103 S Flagler Ave is the corner property on your left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD Lime Tree Drive, Edgewater, FL, 32132 $418,990 5 2 2,052 2,052 SqFt
203 Parkwood Lane, Edgewater, FL, 32132 $674,000 2 2 1,222 1,222 SqFt
203 Parkwood Lane, Edgewater, FL, 32132 $674,000 2 2 1,222 1,222 SqFt
1602 S Riverside Drive, Edgewater, FL, 32132 $799,000 4 4 2,984 2,984 SqFt
1205 S Riverside Drive, Edgewater, FL, 32132 $1,575,000 4 3 2,979 2,979 SqFt
1312 2nd Street, Edgewater, FL, 32132 $439,900 3 2 1,612 1,612 SqFt
1803 Evergreen Drive, Edgewater, FL, 32132 $410,000 4 2 1,736 1,736 SqFt
911 New York Street, Edgewater, FL, 32132 $221,000 2 1 875 875 SqFt
500 S Riverside Drive, Edgewater, FL, 32132 $949,000 3 3 2,286 2,286 SqFt
500 S Riverside Drive, Edgewater, FL, 32132 $949,000 3 3 2,286 2,286 SqFt
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ByOwner last updated this listing 07/03/2026 @ 18:20

MLS: MFRMLS #O6419023 LISTED BY: Heather Spirazza, REGENCY REAL ESTATE LLC 407-469-5021 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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