$319,900 · EDGEWATER, FL 32141
Works for flippers

Sold

$319,900Asking price

4 bd · 2 ba · 2,300 sq ft · built 2004

EDGEWATER, FL 32141

No contract on file

via InvestorLift Classic

Listed Oct 15

Works for flippers

The Numbers

Sells for (ARV)From the listing: $492,500
Asking price: −$319,900
RepairsThe seller’s figure. Ours: $24,000 – $49,500: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$35,885
Profit19.6% of ARV · flippers want 10%+: $96,715
Works

Works for a flipper up to $364,000.

DIRTY PROPERTIES

Joshua Shifrin

No reviews yet

Comps

ARV $492,500

From the listing

The seller picked no comps. Investimate’s own value for this home is $404,000.

The sales behind this value are shown to members.

ARV $492,500

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

DIRTY PROPERTIES

Joshua Shifrin

No reviews yet

Seller Description

Spacious 4-bedroom renovation opportunity in Edgewater's established Florida Shores neighborhood, offering strong resale potential in a desirable coastal Florida setting. With a 4-bedroom, 2-bathroom layout, an estimated $40K renovation budget, and convenient access to parks, the Indian River Lagoon, and New Smyrna Beach, this property presents an attractive opportunity for investors looking to renovate and resell.

Property Highlights

4 Bedrooms / 2 Bathrooms
New Metal Roof
2 Car Garage
Single-Family Home
Located in Florida Shores
Desirable 4-Bedroom Layout
Renovation and Resale Opportunity
Estimated Reno: $40,000
Buy Now: $324,900
ARV: $492,500

Neighborhood Highlights

Located in Florida Shores, an established residential community in Edgewater known for its relaxed suburban atmosphere, mature neighborhoods, and proximity to the Indian River Lagoon
Approximately 3 minutes from Whistle Stop Park, featuring a splash pad, skate park, dog park, walking trails, and basketball, tennis, pickleball, and volleyball courts
Close to Henry Family Sensory Park, an inclusive neighborhood playground featuring interactive play structures and recreational spaces
Less than 10 minutes from the Indian River waterfront, with nearby Menard-May Park and George R. Kennedy Memorial Park offering fishing, kayaking, paddleboarding, boat ramps, and opportunities for wildlife viewing
Convenient to local dining favorites including Hill's Chicken and Waffle and Typsy Unicorn's Brewing, along with waterfront restaurants in nearby New Smyrna Beach
Approximately 0.4 miles from Indian River Elementary School, with New Smyrna Beach Middle School and New Smyrna Beach High School also serving the surrounding area
Easy access to State Road 442, US-1, and I-95 for commuting throughout Volusia County
Within reach of New Smyrna Beach, Flagler Avenue's restaurants and shops, and Daytona Beach attractions

Call/Text Joshua Shifrin — 917-767-7675 for access or questions.

Disclaimer

Broker participation is welcome at 3% on top of the buy now price. Approximately 2–3 weeks for closing. Selling “as-is.” Buyer is responsible for all closing costs and title insurance. Strongly prefer to use Manzo and Associates as the title company. Firm on price: Any offer below asking will not be considered.