2518 Fern Palm Drive
Edgewater, FL 32141
6
Bed
4
Bath
3,006Sqft
0.28Acre(Lot)
Built in 2021, this fully occupied duplex presents an outstanding turnkey investment opportunity in the growing Edgewater market just minutes from New Smyrna Beach. Investors can enjoy the benefits of one of Central Florida's most desirable coastal markets while often acquiring property at a more attractive price point than comparable opportunities nearby. Cash flow starts on day one with this property generating $3,850 per month in gross rental income. This investment offers modern construction with thoughtfully designed floor plans that maximize both space and functionality. The property is occupied by two outstanding long term tenants who take pride in their homes and have expressed interest in extending their leases, creating an ideal turnkey investment opportunity. Each unit featur
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6Bathroom Information
Total Baths: 4 Full Baths: 4Water/Sewer
Sewer: Public Sewer -
Flooring Information
Carpet, Tile -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Refrigerator, Electric Range, Dishwasher -
Heating & Cooling
Heating: Central Cooling: Central Air WaterSource: Public
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Building Information
Year Built: 2021 Construction Materials: Block, Concrete Roof: Shingle -
Exterior Features
Impact Windows
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Lot Information
Lot Dimensions: 120' x 100' Lot Description: Cleared Lot Size Area: 0.28 Acres Lot Square Feet: 11,979 Main Square Feet: 3006Property Information
Property Type: Residential Income Sub Type: Duplex SQ ft (Living Area): 3,006 Subdivision: Florida Shores MLS Area Minor: 80 - Edgewater Source Neighborhood: Florida Shores Construction Materials: Block, Concrete Property Age: 5
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Listing Price Information
Listing Id: 1228946 ist Price: $559,000 List Price Tot SqFt: $186 Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan -
Listing Information
Possession: Close Of Escrow
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Tax Information
Parcel Number: 840201065680 Annual Tax: $8,124 Tax Year: 2025
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Parking Information
# of Garage Spaces: 2 Has Garage: Yes Attached Garage: Yes Attached, Garage, RV Access/Parking
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Utility Information
Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected -
Location Information
Direction: From I-95 take Exit 244 and Go East on on FL-442 E/Indian River Blvd.; Turn Right onto Guava Dr.; Turn Left onto 22nd St.; Turn right onto Fern Palm Dr.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 26 Laughing Gull Lane, Edgewater, FL, 32141 | $215,000 | 2 | 2 | 1,038 | 1,038 SqFt |
| 2308 Fern Palm Drive, Edgewater, FL, 32141 | $299,900 | 2 | 2 | 2,040 | 2,040 SqFt |
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Nearby For Sale
ByOwner last updated this listing 07/25/2026 @ 12:17
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