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1863 FERN PALM DRIVE, Edgewater, FL, 32141

2beds
2baths
1,200sqft
$180,000
$150price/sqft
$1,574/moest. monthly cost
$62,960/yrincome needed

About This Home

Handyman special priced right and packed with potential! Welcome to 1863 Fern Palm Drive in the established Florida Shores community of Edgewater. This 2-bedroom, 2-bath block home with 1,200 square feet offers an outstanding opportunity for investors, flippers, or buyers looking to renovate and make it their own. Situated on an 80' x 100' lot with no HOA, this property is ready for a complete transformation and provides the perfect canvas to create your vision. The functional single-story layout features a spacious great room, centrally located kitchen, and two comfortable bedrooms, offering a solid foundation for your renovation project. The home is served by public water and sewer, is located in Flood Zone X, and has no minimum lease period, making it an attractive option for both owner-occupants and investors alike. Conveniently located near shopping, dining, parks, schools, US-1, I-95, the Indian River, New Smyrna Beach, and Daytona Beach, this property combines location with exceptional upside. Whether you're searching for your next flip, rental investment, or a home to customize from the ground up, don't miss this opportunity to unlock the potential this property has to offer.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

8/10
Edgewater Public SchoolGrades PK-51.1 mi
5/10
5/10
New Smyrna Beach High SchoolGrades PK,9-123.0 mi

Construction

Condition

  • Year built: 1973

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Concrete

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Convection Oven,Refrigerator
  • Laundry features: None

Bedroom2

  • Features: Built-in Closet
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • None
  • Flooring: Concrete

Great Room

  • Level: First

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Kitchen

  • Level: First

Primary Bedroom

  • Features: Built-in Closet
  • Level: First

Property

Details

  • Parcel number: 840201003540
  • Zoning: 07R4
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None

Lot

  • Lot size: 8,000 sqft
  • Lot size dimensions: 80 x 100

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Coastal Flooding
Tsunami

FEMA Declared Disasters in Volusia County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $910$10,920
Home Insurance *$180$2,160
Property Taxes $287$3,444
Electricity $197$2,366
Total$1,574$18,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,965/yr
40% on housing$47,220/yr
45% on housing$41,973/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$150This listing

vs Other Active Listings

Avg $/sqft

ZIP 32141$153
Volusia County$191

vs Homes Sold Last Month

Median $/sqft

ZIP 32141$190
Volusia County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Listed for sale$180,000
2020-09-11Sold$61,000
2003-08-14Sold$55,000

For Sale by Agent

AgentGlenn Moore
BrokerageLOCAL LIVING REALTY GROUP

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