1205 16TH STREET
Edgewater, FL 32132
$409,900
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 Courtesy of: PREMIER SOTHEBY'S INTL. RLTY
386-957-5652
| Listing Id: | NS1089555 |
|---|---|
| List Price: | $409,900 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 6 |
| Living Area: | 2,304 |
| Tax Annual Amount: | $5,394 |
| Lot Size Square Feet: | 15,000 |
| Lot Size Acres: | 0.34 |
| Waterfront?: | No |
| City: | Edgewater |
| County Or Parish: | Volusia |
| Postal Code: | 32132 |
| Year Built: | 1979 |
| Appliances: | Dishwasher, Range, Refrigerator |
| Bathrooms Total Integer: | 6 |
| Building Area Source: | Public Records |
| Building Area Total: | 2880 |
| Building Area Units: | Square Feet |
| Foundation Details: | Slab |
| Construction Materials: | Frame |
| Cooling: | Central Air |
| 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. |
| Elementary School: | Edgewater Public School |
| Exterior Features: | Private Yard |
| Flooring: | Tile |
| Furnished: | Unfurnished |
| Heating: | Central |
| High School: | New Smyrna Beach High |
| Interior Features: | Thermostat |
| Laundry Features: | Inside |
| Levels: | Multi/Split |
| Listing Contract Date: | 2026-10-16 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.34 |
| Lot Size Dimensions: | 100x150 |
| Postal Code Plus4: | 2638 |
| Middle Or Junior School: | New Smyrna Beach Middl |
| MLS Area Major: | 32132 - Edgewater |
| MLS Area Major: | 32132 - Edgewater |
| Original List Price: | $409,900 |
| Other Equipment: | Private Yard |
| Parcel Number: | 8403-00-00-0197 |
| Township: | 18S |
| Road Surface Type: | Asphalt |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, Owner Financing |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Electricity Available, Electricity Connected, Water Available, Water Connected |
| Water Source: | Public |
| Public Survey Range: | 34E |
| Public Survey Section: | 03 |
| Zoning: | - |
| Alternate Key Folio Num: | 840300000197 |
| Annual Net Income: | 38400.00 |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 267.56 |
| Calculated List Price By Calcula: | 177.91 |
| Cddyn: | No |
| Flood Zone Code: | x |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 214.05 |
| Lot Size Square Meters: | 1394 |
| Minimum Lease: | No Minimum |
| Sdeo yn: | No |
| Total Acreage: | 1/4 to less than 1/2 |
| Total Num Buildings: | 1 |
| Unit Count: | 2 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 386-957-5652 |
| Originating System Name : | Stellar MLS |
| Between Us 1 River Yn: | Yes |
| Geolocation: | Edgewater S:442 to Oak Hill |
| Green Energy Generation Yn: | No |
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Property Last Updated: October 23, 2026 04:13 AM - ET
