Open House 6/6 11am - 1pm
121 E Palm Way
Edgewater, FL, 32132 $ 450,000
Bedrooms4 Baths5.0 Sq 1,964 Monthly Estimate*
$ 2,771
for $450,000 with 4 bedrooms and 5 full baths. This 1,964 square foot home was built in 1946 on a lot size of 0.23.
Unique property offering flexibility for an extended family or a strong investment opportunity--located just a few homes from the Intracoastal Waterway. The charming 1946 main house features 2 bedrooms and 2 bathrooms, highlighted by an inviting wood-burning fireplace. A separate, unattached 1-bedroom, 1-bath cottage with a kitchenette provides the perfect space for guests, in-laws, or rental income. An oversized detached garage includes openers, a full bath, and an efficiency suite above--complete with its own kitchenette and full bath--adding even more income or living potential. Imagine a property where everyone can enjoy their own private space, or where rental units help offset your living expenses. (Currently, the main house and cottage are tenant occupied.) There's plenty of room for all your toys, whether it's boats, kayaks, or recreational vehicles. Start your mornings with coffee and a short walk to nearby parks to catch a beautiful sunrise or spend the day on the water with easy access to boat and kayak launches, abundant wildlife, and excellent fishing in the estuary, Intracoastal, or Atlantic Ocean. Just minutes from the sandy shores of New Smyrna Beach, you'll enjoy drive-on beach access, incredible bird and dolphin watching, and some of the best surfing on the East Coast. The area offers endless activities, from festivals, art shows, and wine walks to parades and classic car shows--plus a wide variety of unique restaurants and shops. Conveniently located with easy access to Interstate 95, you're a short drive from Daytona Beach (racing, biking, off-road adventures), St. Augustine, Orlando attractions (about an hour+), and even rocket launches from Cape Canaveral. Live the ultimate Florida lifestyle with both river and beach access, flexible living options, and excellent rental potential. What's not to love? Contact me today for more details or to schedule a showing.
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Open House
6/6/2026 11:00 AM - 1:00 PM
121 E Palm Way Edgewater, FL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling Central Air Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Washer Refrigerator Microwave Electric Water Heater Electric Range Dryer Dishwasher
Garage Spaces 2
Patio/Porch Features Deck Patio
Architectural Style Other
Construction Materials Concrete Frame
Pets Allowed Yes
Year Built 1946
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Current Use Residential
County Volusia
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Not on the List
Garage Y/N true
Other Structures Guest House
Total Rooms 3
Full Baths 5
Status Active
Directions Edgewater US1 South 2 blocks south of Park Ave. Left onto Palm Way. Home is on the left.
High School New Smyrna Beach
City Edgewater
Senior Community Y/N false
MLS Area 80 - Edgewater
Lot Size Units Acres
Lot Size Square Feet 10018.8
Carport Y/N false
Elementary School Edgewater
Property Attached Y/N false
Tax Annual Amount 8209.3
Middle/Junior High School New Smyrna Beach
MLS Area Minor 80 - Edgewater
Standard Status Active
Legal Description LOT 55 & W 1/2 OF LOT 54 FERNALD & CHADWICKS HAWKS PARK MB 4 PG 192 PER OR 4866 PG 0630 PER OR 7548 PG 1981
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InteriorInterior Amenities Ceiling Fan(s) Open Floorplan Primary Downstairs
Flooring Carpet Tile Vinyl
Furnished Y/N Unfurnished
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features In Garage
Total Bedrooms 4
Total Baths 5
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ExteriorFencing Privacy
Parking Features Detached Garage Garage Door Opener
Water Source Public
Lot Size Area 0.23
Foundation Details Concrete Perimeter
Building Area Total 2910
Lot Dimensions 75.0 ft x 139.0 ft
Lot Size Acres 0.23
Road Surface Type Asphalt
Waterfront Y/N false
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* Excluded FeaturesList ByRustie K. ReillyListing Agent
Port Orange - Weichert, Realtors® - Hallmark PropertiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,771
- Monthly Property Taxes
- $684
- 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.
Learn more about how to save NearbySingle family listings in Edgewater, FL
Average List Price $421,654
Percent of Sale Price 6%
About Edgewater, FL 21,155 Population
13% Since 2002
$ 45,274 Median Income
48.22 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
4712862 Elementary School
4705843 Middle School
New Smyrna Beach High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/26/2026 | $450,000 | -9.82% | Price Down |
| 4/17/2026 | $499,000 | | Listed Price |