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.
TownhomeProperty Type
1979Year Built
0.34 acresLot Size
$178Price/Sq.Ft.
Listed by Matthew Ecoff• PREMIER SOTHEBY'S INTL. RLTY
Listed by Nitaya Manasvigangkul• PREMIER SOTHEBY'S INTL. RLTY
Great location for this Income Producer. Property currently has had a mini lift along with new outside a/c units. The lot size has plenty of room for pool and has 2 sheds nestled in each corner. You also can't beat having the front porch views of a Pond. Property rent can easily range from 800-875 a month. Why no let one side pay for you to live in the other? ALL INFORMATION RECORDED IN THE MLS INTENDED TO BE ACCURATE BUT CANNOT BE GUARANTEED
NSBMLS #1024475
Jun 26, 2015
Sold
$127,000
$55/sq ft
Apr 27, 2015
Listed
$142,900
$62/sq ft
Stellar MLS as Distributed by MLS Grid #NS1024475
Jun 26, 2015
Sold
$127,000
$55/sq ft
Apr 27, 2015
Listed
$142,900
$62/sq ft
Stellar MLS as Distributed by MLS Grid #NS1022632
Dec 3, 2014
Listing Removed
—
Daytona MLS #565695
Dec 3, 2014
Listing Removed
—
Nov 6, 2014
Listed
$126,900
$55/sq ft
NSBMLS #1022632
Dec 3, 2014
Delisted
—
Nov 5, 2014
Listed
*
Public Records
May 22, 2004
Sold
$130,000
$56/sq ft
Public Records
Oct 1, 1979
Sold
$70,000
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,394 (+3.5%)
2024
$5,211 (+5.4%)
2023
$4,945 (+14.6%)
2022
$4,316 (+9.8%)
2021
$3,932 (+21.4%)
$18,000 + $173,320
$191,320
2020
$3,239 (+11.3%)
2019
$2,910 (+6.6%)
2018
$2,731 (+5.2%)
2017
$2,597 (+6.8%)
$18,000 + $105,791
$123,791
2016
$2,431 (+10.2%)
$8,500 + $93,421
$101,921
2014
$2,206
$8,500 + $89,559
$98,059
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
100 ft.
Lot depth
—
Lot size
0.34 Acres
Year renovated
—
Finished Sq. Ft.
2,304
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,304
Year built
1979
Style
Townhouse
County
Volusia County
APN
840300000197
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 18, 2026.
R-4
Multifamily Residential District
Medium density residential 4.1 to 8.0 units per net acre single family, duplex, apartments, and townhouses.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Recreation
Communications tower
Climate risks
5/10 Flood Factor
Estimated 18-28% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 21 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Edgewater, FL • 32132
Average low and high temperatures (°F)
67
46
72
52
77
58
81
63
87
70
89
73
90
75
90
76
87
74
81
69
77
59
72
54
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Edgewater. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1205 16th St
$399,803
$10K under list price of $410K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $289K to $1.3M.