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2519 FERN PALM DRIVE, Edgewater, FL, 32141

7beds
3baths
1,952sqft
$399,000
$204price/sqft
$3,117/moest. monthly cost
$124,680/yrincome needed

About This Home

Location, location, location! Rare opportunity to own a versatile multi-unit property in the heart of Edgewater. Currently configured and operating as a 3-unit triplex with separate entrances, this unique property offers incredible flexibility as an investment property, income-producing triplex, multi-generational home, owner-occupied rental opportunity, or even a live-work setup. The layout includes a spacious main residence featuring multiple bedrooms, living space, kitchen, and fireplace, plus two additional private units including a studio with balcony and fireplace. The units may also be connected if desired, creating even more possibilities for future use and customization. Call today for our prefered lender! Situated just minutes from shopping, dining, parks, boat ramps, the Intracoastal Waterway, and Florida’s beautiful beaches, this property combines size, flexibility, and opportunity in one of Volusia County’s growing coastal communities. Whether you are looking to expand your investment portfolio or create the perfect setup for extended family living, this property delivers endless potential.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

7/10
5/10
5/10
New Smyrna Beach High SchoolGrades PK,9-123.9 mi

Construction

Condition

  • Year built: 1986

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer
  • Laundry features: Laundry Closet,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s),Eating Space In Kitchen,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Thermostat,Walk-In Closet(s)
  • Window features: Skylight(s)
  • Flooring: Carpet,Laminate,Hardwood
  • Fireplace features: Living Room,Other Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,952
  • Total interior livable area: 1,952 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First

Property

Details

  • Parcel number: 840201064680
  • Zoning: 07R-2B
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Storage

Lot

  • Lot size: 0.34 Acres

Parking

  • Total spaces: 4
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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 $2,017$24,204
Home Insurance *$400$4,800
Property Taxes $503$6,036
Electricity $197$2,366
Total$3,117$37,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,868/yr
40% on housing$93,510/yr
45% on housing$83,120/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

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 32141$151
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
2026-07-24Listing removed$1,200
2026-07-03Listed for rent$1,200
2026-05-20Listed for sale$399,000
2026-04-23Listing removed$399,000
2026-01-26Listed for sale$399,000
2024-11-06Listing removed$1,000
2024-11-03Price change$1,000
2024-11-01Price change$1,100
2024-10-23Listed for rent$1,200
2024-09-06Listing removed$1,100
2024-09-02Listed for rent$1,100
2020-09-15Sold$235,000
2020-08-04Pending sale$255,000
2020-07-28Price change$255,000
2020-07-14Price change$260,000
2020-03-07Listed for sale$265,000
2012-06-22Sold$110,000
2012-04-16Listed for sale$129,900
2012-02-03Sold$42,401
2010-12-15Listing removed$129,000
2010-09-26Price change$129,000
2010-06-06Price change$139,000
2010-02-09Price change$84,900
2010-01-23Price change$88,000
2010-01-06Price change$89,000
2009-12-26Listed for sale$99,000

For Sale by Agent

AgentAgnes Fray
BrokerageINTERMIX REAL ESTATE INC

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