2724 Silver Canoe Dr · Edgewater, FL 32141

$252,000

3 bd · 2.5 ba · 1,680 sqft · SingleFamily public records · 142 Days on market

Built 2024 Good condition 2,253 sqft lot $175/mo HOA · 8% of rent

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Why this score? — see what drove the D- 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 +10.9/30.0
• ARV discount +7.5/15.0
• 1% rule +4.0/10.0
• Condition / age +4.0/5.0
• Schools +3.9/10.0
• Livability +3.6/5.0
• DSCR +3.2/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE IMPROVEMENT - BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory! making this the best buy in the community. If you've been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience--all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner's suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River's Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today--this one won't last at this price.

Key facts

• Waterfront townhome
• Community amenities
• Charming patio

Tags

• WATERFRONT TOWNHOME
• OPEN-CONCEPT FLOOR PLAN
• CHARMING PATIO
• SMART HOME TECHNOLOGY
• COMMUNITY AMENITIES

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $252k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-110 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $233k (7.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $228k (9.6% below list).
• Recommended offer: $222k (12.0% 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: 304 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 43% of the median local income ($64k/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 $2k of loan paydown is wiped out by about $8k 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.

Negotiation context

• It's been on market 142 days — a 12% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 2y ago; this cycle's ask is 11621% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Recommended offer $221,760 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 142 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.90% ✗
• Cap rate: 5.77%
• Cash-on-cash: -1.87%
• DSCR: 0.92
• GRM: 9.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -19.3%
• Equity multiple: 0.32×
• Total profit: $-47,717
• Equity at exit: $37,574

10-year hold

• IRR: -11.9%
• Equity multiple: 0.29×
• Total profit: $-50,030
• Equity at exit: $21,788

Cash invested: $70,560 (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.

Methodology + full state rankings →

ZIP-level market 32141

• Home prices YoY: -19.2%
• Active inventory: 304
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,278 high
• Mortgage (P&I): −$1,322
• Tax from tax record: −$308 /mo · $3,698/yr
• Insurance: −$105
• HOA: −$175
• Vacancy / Maint / Mgmt: −$478
• Net cashflow: $-110

Break-even live

Break-even rent $2,417

Max offer price $232,530

Occupancy floor 100%

Sensitivity live

Price	-10% $32	-5% $-39	+0% $-110	+5% $-182	+10% $-253
Rent	-10% $-290	-5% $-200	+0% $-110	+5% $-20	+10% $70
Rate	-1.0pp $17	-0.5pp $-46	base $-110	+0.5pp $-176	+1.0pp $-242

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: $63,000
• Closing costs: $7,560
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2725 Silver Canoe Dr Edgewater, FL	3.0	2.5	1840	$2,200	$1.20	24d	1	0.02mi
2219 Umbrella Tree Dr Edgewater, FL	3.0	2.0	1446	$2,300	$1.59	24d	1	0.47mi
1822 Royal Palm Dr Edgewater, FL	3.0	2.0	1400	$1,620	$1.16	15d	1	0.73mi
2827 Royal Palm Dr Edgewater, FL	3.0	2.0	1212	$1,900	$1.57	24d	1	1.16mi
2421 India Palm Dr Edgewater, FL	3.0	2.0	1358	$2,150	$1.58	20d	1	1.21mi
2027 Guava Dr Unit 2029 Edgewater, FL	4.0	2.0	1760	$1,995	$1.13	24d	1	1.23mi
2314 Fern Palm Dr Unit 2314 Edgewater, FL	2.0	2.0	1200	$1,700	$1.42	20d	1	1.27mi
3017 Vista Palm Dr Edgewater, FL	3.0	3.0	1560	$2,196	$1.41	20d	1	1.30mi
2621 India Palm Dr Edgewater, FL	3.0	2.0	1269	$2,400	$1.89	24d	1	1.32mi
2515 Fern Palm Dr Edgewater, FL	3.0	2.0	1400	$2,200	$1.57	12d	1	1.39mi

HOA detail

• Monthly dues: $175 · $2,100/yr
• Likely covers: waterpool

Listing history 34 events

1. 2026-06-18
   days on market $252,000 Active 142 DOM
2. 2026-06-17
   days on market $252,000 Active 141 DOM
3. 2026-06-16
   days on market $252,000 Active 140 DOM
4. 2026-06-15
   days on market $252,000 Active 139 DOM
5. 2026-06-14
   days on market $252,000 Active 137 DOM
6. 2026-06-10
   days on market $252,000 Active 134 DOM
7. 2026-06-09
   days on market $252,000 Active 133 DOM
8. 2026-06-08
   days on market $252,000 Active 132 DOM
9. 2026-06-07
   days on market $252,000 Active 131 DOM
10. 2026-06-05
    days on market $252,000 Active 128 DOM
11. 2026-06-03
    days on market $252,000 Active 127 DOM
12. 2026-06-03
    days on market $252,000 Active 126 DOM
13. 2026-06-01
    days on market $252,000 Active 125 DOM
14. 2026-05-31
    days on market $252,000 Active 124 DOM
15. 2026-05-31
    days on market $252,000 Active 123 DOM
16. 2026-05-14
    listed $2,150
17. 2026-05-13
    historical $2,150
18. 2026-05-04
    price $257,500 1286-char remark

    Show marketing remark (1326 chars)

    PRICE IMPROVEMENT – BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory, making this the best buy in the community. If you’ve been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience—all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner’s suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River’s Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today—this one won’t last at this price.

19. 2026-05-04
    price $257,500 1326-char remark

    Show marketing remark (1326 chars)

    PRICE IMPROVEMENT – BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory, making this the best buy in the community. If you’ve been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience—all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner’s suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River’s Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today—this one won’t last at this price.

20. 2026-04-29
    price $263,000 1286-char remark

    Show marketing remark (1326 chars)

    PRICE IMPROVEMENT – BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory, making this the best buy in the community. If you’ve been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience—all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner’s suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River’s Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today—this one won’t last at this price.

21. 2026-04-29
    price $263,000 1326-char remark

    Show marketing remark (1326 chars)

    PRICE IMPROVEMENT – BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory, making this the best buy in the community. If you’ve been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience—all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner’s suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River’s Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today—this one won’t last at this price.

22. 2026-04-14
    price $265,000 1286-char remark

    Show marketing remark (1326 chars)

    PRICE IMPROVEMENT – BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory, making this the best buy in the community. If you’ve been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience—all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner’s suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River’s Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today—this one won’t last at this price.

23. 2026-04-14
    price $265,000 1326-char remark

    Show marketing remark (1326 chars)

    PRICE IMPROVEMENT – BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory, making this the best buy in the community. If you’ve been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience—all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner’s suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River’s Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today—this one won’t last at this price.

24. 2026-04-06
    price $274,000 1326-char remark

    Show marketing remark (1326 chars)

    PRICE IMPROVEMENT – BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory, making this the best buy in the community. If you’ve been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience—all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner’s suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River’s Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today—this one won’t last at this price.

25. 2026-04-02
    price $279,000 1286-char remark

    Show marketing remark (1326 chars)

    PRICE IMPROVEMENT – BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory, making this the best buy in the community. If you’ve been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience—all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner’s suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River’s Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today—this one won’t last at this price.

26. 2026-04-02
    price $279,000 1326-char remark

    Show marketing remark (1326 chars)

    PRICE IMPROVEMENT – BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory, making this the best buy in the community. If you’ve been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience—all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner’s suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River’s Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today—this one won’t last at this price.

27. 2026-03-24
    price $2,150
28. 2026-02-28
    listed $2,250
29. 2026-01-27
    listed $299,000 Active 1286-char remark

    Show marketing remark (1326 chars)

    PRICE IMPROVEMENT – BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory, making this the best buy in the community. If you’ve been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience—all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner’s suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River’s Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today—this one won’t last at this price.

30. 2026-01-27
    listed $299,000 Active 1326-char remark

    Show marketing remark (1326 chars)

    PRICE IMPROVEMENT – BEST VALUE IN THE NEIGHBORHOOD! Welcome to 2724 Silver Canoe, now priced below builder inventory, making this the best buy in the community. If you’ve been considering new construction without the wait or added costs, this is your opportunity. Built in 2024, this waterfront 3-bedroom, 2.5-bath smart townhome offers modern design, upgraded finishes, and move-in-ready convenience—all at a price that beats comparable builder options. Enjoy an open-concept layout with a spacious kitchen featuring stainless steel appliances, solid stone countertops, and bar seating, flowing seamlessly into the dining and living areas. Step outside to your private patio overlooking a peaceful pond, perfect for relaxing or entertaining. Upstairs, the owner’s suite offers a walk-in closet, dual vanities, and a spacious shower, along with two additional bedrooms and a dedicated laundry room. Located in the newer River’s Edge community, residents enjoy a pool and cabana, with easy access to shopping, dining, I-95, and just minutes to the beaches of New Smyrna Beach. Why wait to build when you can move right in and save? This is hands-down one of the best values currently available in the neighborhood. Schedule your private showing today—this one won’t last at this price.

31. 2024-06-25
    soldstatus $289,990 Closed
32. 2024-05-14
    status Pending
33. 2024-04-26
    listed $289,990 Active
34. 2023-11-06
    soldstatus $1,792,000

ⓘ 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: $3,698 · $308/mo
• Projected year-2 tax: $3,698 · $308/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $27,333
• − Mortgage interest: −$14,116
• − Property taxes: −$3,698
• − Insurance: −$1,260
• − Repairs & maintenance: −$2,187
• − Management: −$2,187
• − HOA: −$2,100
• − Depreciation: −$7,331
• Taxable loss: −$5,545
• Est. tax savings @ 24.0%: +$1,331
• After-tax cash flow: $8/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This waterfront townhome is in good condition with a move-in-ready appearance. It offers a spacious kitchen, two bathrooms, and a well-maintained exterior. Consider landscaping and curb appeal improvements to further enhance its value.

Value-add opportunities

• Both Landscaping and curb appeal improvements — Enhances the home's curb appeal and can attract more buyers or renters.
• Both Painting the exterior — Fresh paint can make the home look more appealing and increase its value.
• Both Landscaping and pool maintenance — Maintaining the pool and landscaping can improve the home's overall appearance and attract more buyers or renters.
• Both Interior updates (e.g., new flooring, paint, or appliances) — Updating interior elements can make the home more attractive and increase its value for both resale and rental purposes.

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping and curb appeal improvements — Enhances the home's curb appeal and can attract more buyers or renters. ↑
• Both Painting the exterior — Fresh paint can make the home look more appealing and increase its value. ↑
• Both Landscaping and pool maintenance — Maintaining the pool and landscaping can improve the home's overall appearance and attract more buyers or renters. ↑
• Both Interior updates (e.g., new flooring, paint, or appliances) — Updating interior elements can make the home more attractive and increase its value for both resale and rental purposes. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

• Census place: Edgewater, FL
• County: Volusia County · 556,871 people
• City population: 18,726
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 18,726
• Household income: $63,936
• Rent vs Own: 6.2% rent · 93.8% own
• Severe rent burden: 161.0

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 (90%)
• Race & ethnicity: White 90% Hispanic / Latino 4% Two or more races 3% Black 2%
• Common ancestry: Romanian 6% Lithuanian 2% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 2% Other Indo-European 2% German/W. Germanic 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: ▼ -80.12%
• Current HPI: 337.8301
• Rent YoY: —
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-99.9% since first listed

19 events — show timeline

• 2026-05-14 Listed for Rent $2,150 RENTALBEAST
• 2026-05-13 Rental Removed $2,150 STELLARMLS
• 2026-05-04 Price Changed $257,500 Daytona MLS
• 2026-05-04 Price Changed $257,500 Stellar MLS as Distributed by MLS Grid
• 2026-04-29 Price Changed $263,000 Daytona MLS
• 2026-04-29 Price Changed $263,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-14 Price Changed $265,000 Daytona MLS
• 2026-04-14 Price Changed $265,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-06 Price Changed $274,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-02 Price Changed $279,000 Daytona MLS
• 2026-04-02 Price Changed $279,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-24 Price Changed $2,150 STELLARMLS
• 2026-02-28 Listed for Rent $2,250 STELLARMLS
• 2026-01-27 Listed $299,000 Daytona MLS
• 2026-01-27 Listed $299,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-25 Sold (MLS) $289,990 Stellar MLS as Distributed by MLS Grid
• 2024-05-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-04-26 Listed $289,990 Stellar MLS as Distributed by MLS Grid
• 2023-11-06 Sold (Public Records) $1,792,000 Public Records

Property tax history

+277.2%/yr

Latest (2025): $3,698 · +897.0% YoY. Source: county tax records.