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Build your dream home or investment property on this 0. 22-acre vacant residential lot located in the established Waterway Park community of Edgewater, Florida. This 75x130 lot offers Paved road frontage, Public water availability, Electricity available, No HOA, No CDD, and is located in Flood Zone X. Surrounded by existing homes, this property presents an excellent opportunity for builders, investors, manufactured home buyers, or future development.
An adjoining property is also available, creating the opportunity to own approximately 0. 44 acres with roughly 150 feet of frontage if purchased together, providing additional flexibility for a larger homesite, a detached garage, a workshop, outdoor living space, or future investment potential.
Located near canals and just minutes from US-1 and approximately 15–20 minutes to I-95, this property offers easy access to Daytona Beach, New Smyrna Beach, Orlando, and the Space Coast. The City of Edgewater features over 151 acres of parks with walking and biking trails, fishing and paddling trails, basketball and tennis courts, picnic areas, and other outdoor recreation opportunities. Residents enjoy a relaxed coastal lifestyle with nearby boating, kayaking, waterfront dining, public boat ramps, the Intracoastal Waterway, and Atlantic Ocean beaches.
Nearby conveniences include shopping centers, grocery stores, restaurants, medical facilities, and AdventHealth New Smyrna Beach Hospital. Located within the Volusia County school district, with nearby schools including Indian River Elementary, New Smyrna Beach Middle School, and New Smyrna Beach High School. Popular nearby destinations include Canal Street Historic District, Flagler Avenue, Riverside Drive parks, and beautiful beaches.
Whether you are looking to build now, secure land for the future, or purchase together with the neighboring parcel for expanded possibilities, this property offers outstanding potential in a growing area of Volusia County. Qualified buyers may purchase with as little as 20% Down Payment.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$60,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $48,000 | $48,000 | $48,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $296 | $303 | $399 |
| Total Monthly Payment | $371 | $378 | $474 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.