$85,000

0 Fern Palm Drive

Edgewater FL, 32141

Description

INVESTOR ALERT! Multi-family duplex lots available side by side on Quiet area of Fern Palm Drive. A total of 2 duplexes or 4 units can be built on this 160 x 100 site. In addition to these 2 buildable duplex sites, there is an additional 3 lots on same street just to the N available with same zoning priced at $42,500. This would be a perfect site for a duplex with additional lot (40 ft) allowing for substantial parking or garage spaces. These lots are being sold in conjunction with duplex site at 3102 India Palm Drive, Edgewater as a package deal. That parcel is also $42,500. Approved Plans and Specs available for building 3/2 each side duplex units. With all four sites one could build a total of 8 dwellings allowing for superior rental income of approx. $1200 per month or $14400 per unit

Details

MLS#1063260
Sub-TypeResale
StatusActive
Days On Site11

Features

ZoningMulti-Family
Acreage0.37

Market Activity 32141

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Area Information

StateFL
CountyVolusia
CityEdgewater
Zip Code32141
Area80 - Edgewater
Listing VS Median (in 32141)
Price:
$85,000
low | high
Med:
$199,950
85.235294117647% of Average
On Site:
11
low | high
Med:
17.500000
62.857142857143% of Average
Listing Updated: 10/21/2019
MLS Number: 1063260
Listing Provided By:
Bryan Disbrow  of  Magnolia Properties