103 S FLAGLER AVENUE, Edgewater, FL, 32132
3 rooms
3 beds
2 Full baths
1949
Coastal, Key West
1,560 sqft
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.
Status:
Coming Soon
Type:
Single-family residential
Furnished Remarks:
Unfurnished
Laundry Remarks:
Laundry Room
Subdivision:
ASSESSORS ALVAREZ GRANT
Garage:
1-car Boat, Circular Driveway, Driveway, Oversized, RV Parking
Heating:
Central
Cooling:
Central Air
Acreage:
0.42
Est. Taxes:
$4,643
Construction
Block, Brick, Stucco
Utilities
Electricity Connected, Sewer Connected, Water Connected
Lot Description:
Corner Lot
Elementary School:
Edgewater Public School
Middle School:
New Smyrna Beach Middl
High School:
New Smyrna Beach High
Pet Policy:
Yes
Appliances:
Microwave, Refrigerator
Min Lease Term:
No Minimum
MLS #:
O6419023
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of REGENCY REAL ESTATE LLC 407-469-5021