2031 Porto Blvd · Edgewater, FL 32168

$189,000

2 bd · 2.0 ba · 1,323 sqft · Condo public records · 124 Days on market

Built 1999 $30/mo HOA · 1% of rent

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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
• DSCR +10.0/10.0
• 1% rule +8.5/10.0
• 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

Listing remarks MLS

* OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. CASH OR CONVENTIONAL ONLY. THIS IS IN A CONDO ASSOCIATION. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

Key facts

• Double sinks
• Split floor plan
• Walk-in shower

Tags

• FULLY FENCED YARD
• SPLIT FLOOR PLAN
• LARGE PRIMARY BEDROOM
• EN-SUITE BATHROOM
• WALK-IN SHOWER
• DOUBLE SINKS

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $189k.

Deal economics

• At list price, monthly cash flow is $429 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $189k).
• Recommended offer: $166k (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: Rents rising fast (+5.6%/yr); 601 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 40% 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 $1k of loan paydown is wiped out by about $6k 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 $53k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 124 days — a 12% lower offer ($166k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 20y ago; this cycle's ask has dropped $26k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $115k; list at $189k implies a 65% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $166,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 124 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.35% ✓
• Cap rate: 11.73%
• Cash-on-cash: 19.40%
• DSCR: 1.86
• GRM: 6.2

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: 1.8%
• Equity multiple: 1.07×
• Total profit: $3,780
• Equity at exit: $28,181

10-year hold

• IRR: 14.2%
• Equity multiple: 2.30×
• Total profit: $69,051
• Equity at exit: $16,341

Cash invested: $52,920 (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 32168

• Home prices YoY: -27.0%
• Rents YoY: 5.6%
• Active inventory: 601
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,557 medium
• Mortgage (P&I): −$991
• Tax from tax record: −$64 /mo · $769/yr
• Insurance: −$79
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$30
• Vacancy / Maint / Mgmt: −$537
• Net cashflow: $429

Break-even live

Break-even rent $2,013

Max offer price $189,000

Occupancy floor 78%

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: $47,250
• Closing costs: $5,670
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1822 Red Rock Rd New Smyrna Beach, FL	3.0	2.0	1697	$3,000	$1.77	23d	1	0.13mi
308 Wildwood Dr Edgewater, FL	3.0	2.0	1485	$2,195	$1.48	18d	1	1.45mi

HOA detail condo

• Monthly dues: $30 · $360/yr
• Likely covers: watergas
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 38 events

1. 2026-06-18
   days on market $189,000 Active 124 DOM
2. 2026-06-17
   days on market $189,000 Active 123 DOM
3. 2026-06-16
   days on market $189,000 Active 122 DOM
4. 2026-06-15
   days on market $189,000 Active 121 DOM
5. 2026-06-14
   days on market $189,000 Active 119 DOM
6. 2026-06-10
   days on market $189,000 Active 116 DOM
7. 2026-06-09
   days on market $189,000 Active 115 DOM
8. 2026-06-08
   days on market $189,000 Active 114 DOM
9. 2026-06-07
   pricestatusdays on market $189,000 Active 113 DOM
10. 2026-06-03
    status $194,000 Pending 111 DOM
11. 2026-06-01
    days on market $194,000 Active 111 DOM
12. 2026-05-31
    days on market $194,000 Active 110 DOM
13. 2026-05-31
    days on market $194,000 Active 109 DOM
14. 2026-05-13
    price $194,000 1559-char remark

    Show marketing remark (1501 chars)

    * OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

15. 2026-05-13
    price $194,000 1501-char remark

    Show marketing remark (1501 chars)

    * OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

16. 2026-04-13
    price $199,900 1559-char remark

    Show marketing remark (1501 chars)

    * OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

17. 2026-04-13
    price $199,900 1501-char remark

    Show marketing remark (1501 chars)

    * OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

18. 2026-03-26
    price $204,000 1559-char remark

    Show marketing remark (1501 chars)

    * OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

19. 2026-03-26
    price $204,000 1501-char remark

    Show marketing remark (1501 chars)

    * OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

20. 2026-03-17
    price $209,900 1559-char remark

    Show marketing remark (1501 chars)

    * OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

21. 2026-03-17
    price $209,900 1501-char remark

    Show marketing remark (1501 chars)

    * OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

22. 2026-02-05
    price $214,900 1559-char remark

    Show marketing remark (1501 chars)

    * OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

23. 2026-02-05
    listed $214,900 Active 1501-char remark

    Show marketing remark (1501 chars)

    * OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

24. 2026-01-21
    listed $219,000 Active 1559-char remark

    Show marketing remark (1559 chars)

    * OWN YOUR OWN LAND * NO LOT RENT * FULLY FENCED YARD w/ Side Gate * LOW HOA ONLY $30/MONTH ($360/YEAR) (HOA COVERS ROAD AND COMMON AREA LAWN), HVAC 2022, WATER HEATER 2022 * ROOF 2010 * LOW UTILITIES * Beautifully maintained 3-bedroom, 2-bath manufactured home located in the desirable Mission Oaks subdivision of New Smyrna Beach, situated on a . 19-acre lot (82.5 x 100) offering privacy and space. Inside, the home features a split floor plan for added privacy with a spacious living and dining combination ideal for entertaining. The large primary bedroom includes an en-suite bathroom with a walk-in shower, double sinks, and new cabinetry. All three bedrooms are generously sized and feature walk-in closets. The eat-in kitchen offers abundant cabinetry, a large pantry, stainless steel dishwasher, and stainless steel gas range. A full-size washer and dryer convey. Ceiling fans are installed throughout the home. Outside, enjoy the large fully fenced backyard complete with an outdoor shed and water hookup nearby. Plenty of space to park a boat, RV, golf cart, and multiple vehicles bring all your toys. Conveniently located approximately 13 minutes (5.6 miles) to the beach and close to shopping, banks, restaurants, and more. Schedule your private tour today this home offers space, updates, and location, and will not last long. CASH OR CONVENTIONAL ONLY. THIS IS IN A CONDO ASSOCIATION. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer and buyer's agent are advised to verify all information.

25. 2016-08-16
    historical
26. 2008-05-08
    soldstatus $114,600
27. 2008-05-01
    soldstatus $114,600
28. 2008-05-01
    soldstatus $114,600
29. 2008-05-01
    soldstatus $114,600
30. 2007-09-14
    listed $115,000
31. 2007-09-14
    listed $115,000
32. 2007-09-14
    listed $115,000
33. 2006-11-02
    historical
34. 2006-11-02
    historical
35. 2006-05-02
    listed $155,900
36. 2006-05-02
    listed $155,900
37. 2006-05-02
    listed $155,900
38. 1984-03-01
    soldstatus $102,000

ⓘ 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: $769 · $64/mo
• Projected year-2 tax: $1,569 · $131/mo
• Expected delta: +$799/yr (+$67/mo · 103.9%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone AE · 55% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°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

Taxation est. · year 1

• Rental income: $30,679
• − Mortgage interest: −$10,587
• − Property taxes: −$769
• − Insurance: −$6,064
• − Repairs & maintenance: −$2,454
• − Management: −$2,454
• − HOA: −$360
• − Depreciation: −$5,498
• Taxable income: $2,492
• Est. tax owed @ 24.0%: −$598
• After-tax cash flow: $4,551/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: 42,039
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+90.2% since first listed

25 events — show timeline

• 2026-05-13 Price Changed $194,000 Daytona MLS
• 2026-05-13 Price Changed $194,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-13 Price Changed $199,900 Daytona MLS
• 2026-04-13 Price Changed $199,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Price Changed $204,000 Daytona MLS
• 2026-03-26 Price Changed $204,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-17 Price Changed $209,900 Daytona MLS
• 2026-03-17 Price Changed $209,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-05 Price Changed $214,900 Daytona MLS
• 2026-02-05 Listed $214,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-21 Listed $219,000 Daytona MLS
• 2016-08-16 Listing Removed — SCMLS
• 2008-05-08 Sold (Public Records) $114,600 Public Records
• 2008-05-01 Sold (MLS) $114,600 NSBMLS
• 2008-05-01 Sold (MLS) $114,600 Stellar MLS as Distributed by MLS Grid
• 2008-05-01 Sold (MLS) $114,600 Daytona MLS
• 2007-09-14 Listed $115,000 NSBMLS
• 2007-09-14 Listed $115,000 Stellar MLS as Distributed by MLS Grid
• 2007-09-14 Listed $115,000 Daytona MLS
• 2006-11-02 Listing Removed — Daytona MLS
• 2006-11-02 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2006-05-02 Listed $155,900 Daytona MLS
• 2006-05-02 Listed $155,900 SCMLS
• 2006-05-02 Listed $155,900 Stellar MLS as Distributed by MLS Grid
• 1984-03-01 Sold (Public Records) $102,000 Public Records

Property tax history

+4.8%/yr

Latest (2025): $769 · +0.9% YoY. Source: county tax records.