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B Composite 71.42
Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Rent growth +3.9/5.0
  • Schools +3.9/10.0
  • Livability +3.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$114,900

1150 Roberta Ln · Edgewater, FL 32168
3 bd · 1.0 ba · 720 sqft · Manufactured public records · 90 Days on market
Built 1968 0.40 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

Key facts

  • 0.4 acre lot
  • Built 1968
  • Listed 90 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath manufactured listed at $115k.

Deal economics

  • At list price, monthly cash flow is $829 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $115k).
  • Recommended offer: $108k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 72/100 on livability (#329 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities D-, commute F.
  • Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising fast (+5.6%/yr); 601 active listings in the ZIP; solid renter incomes; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $794 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 5.6% rent growth), your $32k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 90 days — a 6% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 6y ago; this cycle's ask has dropped $15k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $108,006 (6.0% below list)

Questions for the listing agent

  1. It's been on market 90 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.81%
Cap rate
14.95%
Cash-on-cash
30.91%
DSCR
2.38
GRM
4.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.6% rent growth · sell at horizon

5-year hold
IRR
28.6%
Equity multiple
2.24×
Total profit
$39,766
Equity at exit
$17,132
10-year hold
IRR
37.6%
Equity multiple
4.94×
Total profit
$126,856
Equity at exit
$9,934

Cash invested: $32,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 32168

Home prices YoY
-27.0%
Rents YoY
5.6%
Active inventory
601
Price-to-rent
4.6×

Monthly cashflow live

Estimated rent
$2,075 medium interval (Pro) →
Mortgage (P&I)
$603
Tax from tax record
$160 /mo · $1,923/yr
Insurance
$48
HOA
$0
Vacancy / Maint / Mgmt
$436
Net cashflow
$829

Break-even live

Break-even rent $1,026
Max offer price $114,900
Occupancy floor 55%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$28,725
Closing costs
$3,447
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 23 events

  1. 2024-07-09
    soldstatus $105,000
  2. 2024-06-17
    status Pending
  3. 2024-05-29
    price $114,900
  4. 2024-04-14
    status Active
  5. 2024-04-07
    status Pending
  6. 2024-03-11
    listed $129,900 Active
  7. 2020-11-19
    soldstatus $90,000
  8. 2020-11-13
    soldstatus $90,000 Sold 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  9. 2020-11-13
    soldstatus $90,000 Closed 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  10. 2020-10-28
    status Pending 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  11. 2020-10-03
    price $105,000 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  12. 2020-10-03
    price $105,000 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  13. 2020-08-28
    price $115,000 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  14. 2020-08-28
    status Active 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  15. 2020-08-28
    status Active 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  16. 2020-08-26
    status Active 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  17. 2020-08-26
    historical 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  18. 2020-07-28
    status Pending 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  19. 2020-07-25
    historical 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  20. 2020-07-25
    price $115,000 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  21. 2020-05-15
    listed $95,000 Active 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  22. 2020-05-15
    listed $95,000 Active 1171-char remark
    Show marketing remark (1171 chars)

    New Smyrna Beach! Boater and Nature Lovers Dream! Beautiful property, Quaint 3/1 mobile home, with covered patio on your own land, quarter of an acre of private land with mature trees, grassy lot and pure peacefulness. Nice, quiet, desirable area, centrally located and within close proximity to the intercoastal waterway, parks, shopping, restaurants, schools and all that beautiful New Smyrna Beach has to offer. Five minute drive to Kennedy Riverside Park Intercoastal Waterway with a municipal boat ramp, fishing pier, pavilions and picnic tables. Ten minutes to the beautiful Atlantic Ocean with a gorgeous sugar sand beach! Also visit and stroll historical Canal Street, have fun with Flagler Avenue entertainment, arts, shopping, strolling, restaurants. Driving is permitted on some areas of New Smyrna Beach or park in provided lots with nature trails and picnic areas. Stroll and picnic along the beautiful Atlantic Ocean finding your own perfect spot of serenity. You own this land, no lot rent or HOA. Newer fresh water well, AC, septic and drain fields. This home is just waiting for you! Do not miss out on this home, schedule your viewing appointment today!

  23. 1993-11-30
    soldstatus $28,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$1,923 · $160/mo
Projected year-2 tax
$1,923 · $160/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 24% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$24,900
− Mortgage interest
−$6,436
− Property taxes
−$1,923
− Insurance
−$574
− Repairs & maintenance
−$1,992
− Management
−$1,992
− Depreciation
−$3,343
Taxable income
$8,640
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,074
After-tax cash flow
$7,870/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Volusia
NCES district ID
1201920
Math proficiency
44% ▼ -9.00%
Reading proficiency
49% ▼ -3.00%
Median HH income
$42,946
Composite
39.2/100
National rank
#4019
State rank
#47 of 73 in FL

Livability — Edgewater

Score
72/100
State rank
#329
US rank
#5753

Category grades

Amenities D- Commute F Cost of living A+ Crime B- Employment C Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Volusia County · 556,871 people
City population
18,726
Metro
Deltona-Daytona Beach-Ormond Beach, FL
Population (ZIP)
31,847
Household income
$77,083
Rent vs Own
23.3% rent · 76.7% own
Severe rent burden
1139.0

Population outlook (Volusia County) Hauer SSP2

Today (2025)
572,749 people
By 2030
598,695 · +4.5%
By 2040
644,880 · +12.6%
By 2050
681,451 · +19.0%
By 2075
759,957 · +32.7%
By 2100
778,902 · +36.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (85%)
Race & ethnicity
White 85% Hispanic / Latino 6% Black 5% Two or more races 4%
Hispanic origin (detail)
Mexican 2% Puerto Rican 1%
Common ancestry
Romanian 4% Italian 3% Lithuanian 2%
Foreign-born
5% · Canada, Vietnam
Languages at home
93% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Volusia

2024 margin
Strong R (+21.8) · D 38.7% · R 60.5%
2008→2024 swing
-27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
All cycles
2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -129.58%
Current HPI
350.4259
Rent YoY
▲ 5.60%
Metro
Deltona-Daytona Beach-Ormond Beach, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+268.4% since first listed
23 events — show timeline
  • 2024-07-09 Sold (Public Records) $105,000 Public Records
  • 2024-06-17 Pending SCMLS
  • 2024-05-29 Price Changed $114,900 SCMLS
  • 2024-04-14 Relisted SCMLS
  • 2024-04-07 Pending SCMLS
  • 2024-03-11 Listed $129,900 SCMLS
  • 2020-11-19 Sold (Public Records) $90,000 Public Records
  • 2020-11-13 Sold (MLS) $90,000 Daytona MLS
  • 2020-11-13 Sold (MLS) $90,000 Stellar MLS as Distributed by MLS Grid
  • 2020-10-28 Pending Stellar MLS as Distributed by MLS Grid
  • 2020-10-03 Price Changed $105,000 Stellar MLS as Distributed by MLS Grid
  • 2020-10-03 Price Changed $105,000 Daytona MLS
  • 2020-08-28 Price Changed $115,000 Daytona MLS
  • 2020-08-28 Relisted Stellar MLS as Distributed by MLS Grid
  • 2020-08-28 Relisted Daytona MLS
  • 2020-08-26 Relisted Daytona MLS
  • 2020-08-26 Listing Removed Daytona MLS
  • 2020-07-28 Pending Stellar MLS as Distributed by MLS Grid
  • 2020-07-25 Price Changed $115,000 Stellar MLS as Distributed by MLS Grid
  • 2020-07-25 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2020-05-15 Listed $95,000 Daytona MLS
  • 2020-05-15 Listed $95,000 Stellar MLS as Distributed by MLS Grid
  • 1993-11-30 Sold (Public Records) $28,500 Public Records

Property tax history

+9.6%/yr

Latest (2025): $1,923 · -14.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…