Exceptional investment opportunity in the heart of Edgewater! This unique property features two homes on one parcel, offering flexibility for investors, multigenerational living or additional rental income. The property is tenant occupied, with the tenant recently renewing for another year, providing potential immediate rental income opportunity for the new owner. Conveniently between U.S. 1 and the Indian River, with easy access to shopping, dining, parks, boat ramps, and the beautiful beaches of New Smyrna Beach. Owner financing available. Buyer to verify lease terms and rental information.
Listing updated: September 11, 2026 at 07:18pm
Listed by Realtor: Matthew Ecoff
Listed by office: PREMIER SOTHEBY'S INTL. RLTY
Source: Stellar MLS
Property Details
Listing Id: NS1089217
Price: $409,900
Property Size:2,304 ft2
Property Lot Size:0 ft2
Rooms: 3
Bedrooms: 4
Bathrooms: 2
BathroomsFull: 2
BuildingAreaTotal: 2880
ConstructionMaterials: Wood Frame
ContractStatusChangeDate: 2026-09-10
Cooling: Central Air
CumulativeDaysOnMarket: 53
DaysOnMarket: 1
DirectionFaces: North
Directions: From I-95, take Exit 244 (SR 442/Indian River Blvd) and head east toward Edgewater. Turn left onto US Hwy 1 (Ridgewood Ave), then turn right onto 16th Street. Continue east. The property is located on the left between US Hwy 1 and the Indian River.
ElementarySchool: Edgewater Public School
Flooring: Tile
FoundationDetails: Slab
Furnished: Unfurnished
Heating: Central
HighSchool: New Smyrna Beach High
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
LaundryFeatures: Inside
Levels: Multi/Split
List Agent AOR: New Smyrna Beach Board of Realtors
List Agent Name: Matthew Ecoff
List Office Name: PREMIER SOTHEBY'S INTL. RLTY
List Office Phone: 386-957-5652
ListingContractDate: 2026-09-09
ListingTerms: Cash, Conventional, Owner May Carry
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotSizeArea: 15000
LotSizeDimensions: 100 x 150
LotSizeSquareFeet: 15000
LotSizeUnits: Square Feet
MLSAreaMajor: 32132 - Edgewater
MiddleOrJuniorSchool: New Smyrna Beach Middl
MlsStatus: Active
ModificationTimestamp: September 11, 2026 at 07:18pm
OnMarketDate: 2026-09-10
OriginalEntryTimestamp: September 10, 2026 at 05:13pm
OriginalListPrice: 409900
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 840300000197
PhotosChangeTimestamp: September 10, 2026 at 07:42pm
PhotosCount: 32
PostalCode: 32132
PostalCodePlus4: 2638
RoadSurfaceType: Asphalt
Roof: Shingle
Sewer: Public Sewer
SourceSystemKey: 805215362
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: September 10, 2026 at 05:13pm
StoriesTotal: 1
StreetName: 16TH
StreetNumber: 1205
StreetNumberNumeric: 1205
StreetSuffix: STREET
TaxAnnualAmount: 5394.16
TaxBlock: .
TaxBookNumber: 4009-3
TaxLegalDescription: 3-18-34 W 100 FT OF E 1070 FT OF S 150 FT OF GOV LOT 3 PER OR 3941 PG 1131 PER OR 5324 PG 2710 PER OR 6950 PG 4943 PER OR 6983 PG 2383 PER OR 7075 PG 4083 PER OR 7126 PG 1848 PER OR 7135 PG 0696 PER OR 7937 PG 3992 PER OR 7698 PG 0367
TaxLot: 3
TaxYear: 2025
Utilities: Electricity Available, Electricity Connected, Water Available, Water Connected
Listing information provided through the IDX program is deemed reliable but is not guaranteed accurate by Stellar MLS or the listing broker. All data is subject to errors, omissions, changes in price, prior sale, or withdrawal without notice.
The information displayed is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. All measurements, square footage, and property details are approximate and should be independently verified.