416 SHANGRI LA CIRCLE Edgewater, FL $ 185,000
416 SHANGRI LA CIRCLE
$ 185,000
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416 SHANGRI LA CIRCLE

Edgewater, FL, 32132
$ 185,000
Bedrooms2 Baths2.0 Sq 1,113

Monthly Estimate*

$ 1,139

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Apartment for sale in Edgewater, FL

for $185,000 with 2 bedrooms and 2 full baths. This 1,113 square foot apartment was built in 1984 on a lot size of 0.12.

One or more photo(s) has been virtually staged. Affordable Coastal Living or Smart Investment Opportunity If you’ve been searching for an inexpensive way to get into the Edgewater market, this is your opportunity. Whether you’re looking to live affordably near the coast or secure a property with strong rental potential, this 2-bedroom, 2-bath half-duplex delivers value without the high price tag. Tucked into a quiet, established neighborhood just minutes from the river, beaches, shopping, and local dining, this home offers a simple, practical lifestyle in a highly convenient location—where your dollar goes further and your options stay open. Now choose your path: If your goal is low-cost, easy living, you’ll appreciate the bright, open layout where the kitchen and living areas connect seamlessly. It’s a functional space that feels comfortable and efficient—perfect for everyday living without unnecessary upkeep or expense. If flexibility matters, the two-bedroom layout gives you options: a primary bedroom, guest space, or home office setup—whatever fits your lifestyle best without paying for unused square footage. If your focus is low maintenance and low overhead, the private patio and compact yard keep things simple. Enjoy your morning coffee or unwind in the evening without the burden of heavy yard work or high maintenance costs. If you’re thinking investment or rental income, the location and layout make this a strong, budget-friendly option. Close to major routes, local employers, and coastal attractions, it’s the kind of property that works well for long-term tenants, seasonal renters, or a simple buy-and-hold strategy. Whether you’re a first-time buyer trying to keep costs down, someone looking to downsize and simplify, or an investor seeking an affordable entry point into a growing coastal area, this property makes financial sense from multiple angles. Come see how far your budget can go—and choose the version of coastal living that works for you.

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Apartment Active

Price

$ 185,000

Bedrooms

2

Full Bath

2

Property Type

Apartment

Taxes

$ 1,230

Style

Lot Size

0.12

Year Built

1984

Town/City

Edgewater

County/Region

Volusia

MLS | Web ID

NS1086051

Features
General
Heating Central Electric
Cooling Central Air
Construction Materials Concrete Stucco
Levels One
Property Subtype 1/2 Duplex
Parcel Number 743317000360
County Volusia
New Construction false
Property Type Residential
HOA true
Attached Garage true
Garage Y/N true
Total Rooms 3
Full Baths 2
Status Active
Directions From Ridgewood turn west into Shangri La Village (to the south of Dustin's BBQ). At the stop sign turn right and follow the loop around. Property is on the right.
City EDGEWATER
Senior Community Y/N false
MLS Area 32132 - Edgewater
Carport Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N true
Standard Status Active
Legal Description LOT 36 SHANGRI-LA VILLAGE MB 38 PG 104 PER OR 5235 PG 4286 PER OR 5401 PG 1570 PER OR 7443 PG 0242 PER OR 7628 PGS 3534-3535 PER OR 7701 PG 0832 PER OR 7911 PG 1639
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N true
Freehold IDX
Utilities BB/HS Internet Available Cable Available Electricity Connected Phone Available Public Sewer Connected
Roof Shingle
Appliances Dishwasher Electric Water Heater Range Refrigerator
Zoning 07R4
Pets Allowed Yes
Subdivision Name SHANGRI LA VILLAGE
Occupancy Type Vacant
Water View Pond
Building Area Units Square Feet
Living Area Units Square Feet
Year Built 1984
Possession Close Of Escrow
Garage Spaces 1
High School New Smyrna Beach High
Association Name Shangri la village HOA Susan Beaudoin
Elementary School Edgewater Public School
Middle/Junior High School New Smyrna Beach Middl
Virtual Tour https://www.propertypanorama.com/instaview/stellar/NS1086051
Sewer Public Sewer
Lot Size Units Square Feet
HOA Fee 150
Assoc Fee Paid Per Annually
Monthly HOA Amount 12.5
Lot Size Square Feet 5320
Ownership Fee Simple
Tax Year 2024
Facing Direction East
Tax Annual Amount 1230
Tax Lot 36
Flood Zone Code X
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Interior
Flooring Laminate
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Total Bedrooms 2
Total Baths 2
Interior Amenities Primary Bedroom Main Floor Thermostat
Laundry Features In Garage
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Exterior
Building Area Total 1644
Waterfront Y/N false
Exterior Amenities Hurricane Shutters
Covered Spaces 1
Water Source Public
Lot Size Area 5320
Lot Size Acres 0.12
Road Surface Type Asphalt
Foundation Details Slab
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* Excluded Features
List By
Engel & Volkers New Smyrna

Broker

marina.owens@evrealestate.com

Email

Affordability Calculator

$1,242
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,139
Monthly Property Taxes
$103
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
New Smyrna Beach High High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$185,000 -5.13% Price Down
1/29/2026$195,000 -9.30% Price Down
1/13/2026$215,000 Listed Price

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416 SHANGRI LA CIRCLE, Edgewater, FL, 32132 is a Apartment for sale at $185,000 with 1,113 sqft and a lot size of 0.12. 416 SHANGRI LA CIRCLE has 2 bedrooms, 2.0 baths, and was built in 1984. The property's zip code is 32132 which is in Edgewater, FL